State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
30 hedge funds and large institutions have $30.6M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 6 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
38% more capital invested
Capital invested by funds: $22.2M → $30.6M (+$8.36M)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
7.87% more ownership
Funds ownership: 52.41% → 60.28% (+7.9%)
7% more funds holding
Funds holding: 28 → 30 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$2.08M |
| 2 |
Jane Street
New York
|
+$1.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.76M |
| 4 |
AIA
Angeles Investment Advisors
Santa Monica,
California
|
+$763K |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
-$293K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$226K |
| 3 |
SNBOSCI
Security National Bank of Sioux City Iowa
Sioux City,
Iowa
|
-$220K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$184K |
| 5 |
CCM
Cribstone Capital Management
Augusta,
Maine
|
-$63.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
26
Proffitt & Goodson
Knoxville,
Tennessee
| $31K | +$30.5K | +868 | New |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $21K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | -$6.4K | -182 | -33% |
|
|
CCM
29
Cribstone Capital Management
Augusta,
Maine
| $9K | -$63.3K | -1,800 | -88% |
|
|
IF
30
Ironwood Financial
Tucson,
Arizona
| $2K | – | – | – |
|
|
31
SEI Investments
Oaks,
Pennsylvania
| – | -$293K | -8,618 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$226K | -6,666 | Closed |
|
|
SNBOSCI
33
Security National Bank of Sioux City Iowa
Sioux City,
Iowa
| – | -$220K | -6,500 | Closed |
|
|
AIC
34
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$34K | -1,000 | Closed |
|
|
EWM
35
Elmwood Wealth Management
Berkeley,
California
| – | -$17K | -500 | Closed |
|
|
GSWM
36
Golden State Wealth Management
Santa Ana,
California
| – | -$2K | -64 | Closed |
|
EFAX Hedge Fund Activity: Q4 2019 in Review
30 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q4 2019, worth a combined $30.6M — up 38% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EFAX positions and 6 closed out — a net gain of 2 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Glenmede Trust, opening a new position worth an estimated $2.08M. The largest seller was SEI Investments, exiting entirely with an estimated $293K sold.
- 30 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q4 2019, up from 28 in Q3 2019.
- Funds reported $30.6M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q4 2019, up 38% quarter-over-quarter.
- 8 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q4 2019 and 6 closed out, a net change of +2 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q4 2019 was Glenmede Trust, an estimated $2.08M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q4 2019 was SEI Investments, an estimated $293K sold.
Based on aggregated 13F filings for Q4 2019.