State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
28 hedge funds and large institutions have $22.2M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
90% more capital invested
Capital invested by funds: $11.7M → $22.2M (+$10.5M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
21.05% more ownership
Funds ownership: 31.37% → 52.41% (+21%)
8% more funds holding
Funds holding: 26 → 28 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fulcrum Capital
Seattle,
Washington
|
+$5.97M |
| 2 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$4.77M |
| 3 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$161K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$152K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$442K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$379K |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$100K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$49.3K |
| 5 |
HDIM
Hanson & Doremus Investment Management
Burlington,
Vermont
|
-$5.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $16K | – | – | – |
|
|
GSWM
27
Golden State Wealth Management
Santa Ana,
California
| $2K | – | – | – |
|
|
IF
28
Ironwood Financial
Tucson,
Arizona
| $1K | – | – | – |
|
|
29
Jane Street
New York
| – | -$442K | -13,038 | Closed |
|
EFAX Hedge Fund Activity: Q3 2019 in Review
28 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q3 2019, worth a combined $22.2M — up 90% from $11.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new EFAX positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Fulcrum Capital, adding an estimated $5.97M. The largest seller was Jane Street, exiting entirely with an estimated $442K sold.
- 28 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q3 2019, up from 26 in Q2 2019.
- Funds reported $22.2M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q3 2019, up 90% quarter-over-quarter.
- 3 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q3 2019 and 1 closed out, a net change of +2 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q3 2019 was Fulcrum Capital, an estimated $5.97M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q3 2019 was Jane Street, an estimated $442K sold.
Based on aggregated 13F filings for Q3 2019.