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Global X DAX Germany ETF
DAX

53 hedge funds and large institutions have $82.5M invested in Global X DAX Germany ETF in 2025 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more call options, than puts

Call options by funds: $356K | Put options by funds: $315K

4.3% more ownership

Funds ownership: 25.58% → 29.88% (+4.3%)

5% more capital invested

Capital invested by funds: $78.8M → $82.5M (+$3.63M)

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

5% less funds holding

Funds holding: 56 → 53 (-3)

21% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 14

Holders
53
Holders Change
-3
Holders Change %
-5.36%
% of All Funds
0.64%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
13
Reduced
14
Closed
14
Calls
$356K
Puts
$315K
Net Calls
+$41K
Net Calls Change
+$27K

Top Buyers

1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$3.76M
2
FTUS
Flow Traders U.S.
New York
+$3.62M
3
SC
Scotia Capital
Ontario, Canada
+$1.4M
4
AC
Avestar Capital
New York
+$901K
5
YDMI
Y.D. More Investments
Israel
+$759K

Top Sellers

1
SA
Sanctuary Advisors
Indiana
-$2.01M
2
AI
Atria Investments
North Carolina
-$1.97M
3
Citadel Advisors
Citadel Advisors
Florida
-$1.67M
4
Jane Street
Jane Street
New York
-$1.31M
5
Stifel Financial
Stifel Financial
Missouri
-$958K
Name Holding Trade Value Shares
Change 		Change in
Stake
PA
26
Parallel Advisors
California
$317K +$309K +6,940 New
Marshall Wace
27
Marshall Wace
United Kingdom
$281K +$59.7K +1,340 +28%
Wealthfront Advisers
28
Wealthfront Advisers
California
$257K -$23K -517 -8%
VWA
29
Visionary Wealth Advisors
Illinois
$253K -$9K -202 -4%
LTI
30
Laffer Tengler Investments
Tennessee
$241K – – –
EH
31
Equitable Holdings
New York
$231K -$10.5K -235 -4%
Stifel Financial
32
Stifel Financial
Missouri
$220K -$958K -21,514 -82%
DWM
33
Dakota Wealth Management
Florida
$206K – – –
LWM
34
Lyell Wealth Management
California
$205K – – –
Raymond James Financial
35
Raymond James Financial
Florida
$201K +$196K +4,410 New
US Bancorp
36
US Bancorp
Minnesota
$89.1K – – –
AWM
37
AE Wealth Management
Kansas
$77.8K – – –
CIA
38
Cape Investment Advisory
Georgia
$67.4K +$65.8K +1,478 New
Fidelity Investments
39
Fidelity Investments
Massachusetts
$59.5K +$4.59K +103 +9%
SPIA
40
Steward Partners Investment Advisory
New York
$52.5K – – –
Morgan Stanley
41
Morgan Stanley
New York
$45.7K – – –
CIBC Private Wealth Group
42
CIBC Private Wealth Group
Georgia
$44.5K +$43.4K +975 New
SWM
43
Spire Wealth Management
Virginia
$43.3K +$17.8K +400 +73%
AWM
44
Activest Wealth Management
Florida
$36.4K – – –
LFASL
45
Lugano Financial Advisors SA (LFA)
Switzerland
$20.7K +$8.6K +193 +74%
S
46
SignatureFD
Georgia
$15.8K – – –
FHA
47
Flagship Harbor Advisors
Massachusetts
$13.7K +$13.4K +300 New
SS
48
SBI Securities
Japan
$10.7K +$9.53K +214 +1,019%
WT
49
Whittier Trust
California
$4.63K – – –
LWMI
50
Legacy Wealth Management (Idaho)
Idaho
$3.19K – – –
1
2
3

DAX Hedge Fund Activity: Q4 2025 in Review

53 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Global X DAX Germany ETF (DAX) for Q4 2025, worth a combined $82.5M — up 4.6% from $78.8M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of DAX and 11 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 13 added.

The largest buyer was Commonwealth Equity Services, adding an estimated $3.76M. The largest seller was Sanctuary Advisors, exiting entirely with an estimated $2.01M sold.

  • 53 institutional investors held Global X DAX Germany ETF (DAX) as of Q4 2025, down from 56 in Q3 2025.
  • Funds reported $82.5M of Global X DAX Germany ETF stock for Q4 2025, up 4.6% quarter-over-quarter.
  • 11 funds opened new Global X DAX Germany ETF positions in Q4 2025 and 14 closed out, a net change of -3 holders.
  • The largest Global X DAX Germany ETF buyer in Q4 2025 was Commonwealth Equity Services, an estimated $3.76M added.
  • The largest Global X DAX Germany ETF seller in Q4 2025 was Sanctuary Advisors, an estimated $2.01M sold.

Based on aggregated 13F filings for Q4 2025.