WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
33 hedge funds and large institutions have $111M invested in WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $83.7M → $111M (+$27.2M)
14% more funds holding
Funds holding: 29 → 33 (+4)
10.94% more ownership
Funds ownership: 107.17% → 118.11% (+11%)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$45M |
| 2 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
+$6.73M |
| 3 |
DCM
DeGreen Capital Management
Scottsdale,
Arizona
|
+$6.69M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.81M |
| 5 |
Morgan Stanley
New York
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$17.3M |
| 2 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$17.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.19M |
| 4 |
LPL Financial
San Diego,
California
|
-$559K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $15K | +$8.26K | +200 | +100% |
|
|
VCP
27
Verus Capital Partners
Scottsdale,
Arizona
| $7K | -$248 | -6 | -3% |
|
|
IBOK
28
Independence Bank of Kentucky
Owensboro,
Kentucky
| $6K | – | – | – |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $5.12K | -$14.9K | -360 | -73% |
|
30
BlackRock
New York
| $3K | -$1.32K | -32 | -29% |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $2K | +$2.23K | +54 | New |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| $1K | -$1.98K | -48 | -67% |
|
|
GSWM
34
Golden State Wealth Management
Santa Ana,
California
| – | -$17.3M | -415,768 | Closed |
|
|
TIM
35
Total Investment Management
Scottsdale,
Arizona
| – | -$17.3M | -415,768 | Closed |
|
|
FFA
36
First Foundation Advisors
Irvine,
California
| – | -$254K | -6,110 | Closed |
|
|
PA
37
PSI Advisors
Tampa,
Florida
| – | -$124K | -3,000 | Closed |
|
CXSE Hedge Fund Activity: Q1 2020 in Review
33 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund (CXSE) for Q1 2020, worth a combined $111M — up 32% from $83.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CXSE positions and 5 closed out — a net gain of 6 holders — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $45M. The largest seller was Golden State Wealth Management, exiting entirely with an estimated $17.3M sold.
- 33 institutional investors held WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund (CXSE) as of Q1 2020, up from 29 in Q4 2019.
- Funds reported $111M of WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund stock for Q1 2020, up 32% quarter-over-quarter.
- 11 funds opened new WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund positions in Q1 2020 and 5 closed out, a net change of +6 holders.
- The largest WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund buyer in Q1 2020 was Migdal Insurance & Financial Holdings, an estimated $45M added.
- The largest WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund seller in Q1 2020 was Golden State Wealth Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2020.