Global X Autonomous & Electric Vehicles ETF
DRIV
162 hedge funds and large institutions have $112M invested in Global X Autonomous & Electric Vehicles ETF in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 65 reducing their positions, and 23 closing their positions.
3.28% less ownership
Funds ownership: 25.56% → 22.28% (-3.3%)
4% less funds holding
Funds holding: 169 → 162 (-7)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
55% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 65
80% less capital inflows, than outflows
Capital inflows: $8.3M | Capital outflows: $41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Destiny Wealth Partners
Tavares,
Florida
|
+$3.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.07M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$764K |
| 4 |
Strategic Financial Concepts
San Antonio,
Texas
|
+$690K |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Destination Wealth Management
Walnut Creek,
California
|
-$9.45M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$7.38M |
| 3 |
Jane Street
New York
|
-$6.88M |
| 4 |
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$2.34M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.76M |
DRIV Hedge Fund Activity: Q2 2024 in Review
162 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global X Autonomous & Electric Vehicles ETF (DRIV) for Q2 2024, worth a combined $112M — down 27% from $155M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of DRIV and 19 opened new positions — a net loss of 4 holders — while 65 trimmed existing stakes and 29 added.
The largest buyer was Destiny Wealth Partners, opening a new position worth an estimated $3.2M. The largest seller was Destination Wealth Management, cutting an estimated $9.45M.
- 162 institutional investors held Global X Autonomous & Electric Vehicles ETF (DRIV) as of Q2 2024, down from 169 in Q1 2024.
- Funds reported $112M of Global X Autonomous & Electric Vehicles ETF stock for Q2 2024, down 27% quarter-over-quarter.
- 19 funds opened new Global X Autonomous & Electric Vehicles ETF positions in Q2 2024 and 23 closed out, a net change of -4 holders.
- The largest Global X Autonomous & Electric Vehicles ETF buyer in Q2 2024 was Destiny Wealth Partners, an estimated $3.2M added.
- The largest Global X Autonomous & Electric Vehicles ETF seller in Q2 2024 was Destination Wealth Management, an estimated $9.45M sold.
Based on aggregated 13F filings for Q2 2024.