State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
62 hedge funds and large institutions have $145M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 5 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
4% less capital invested
Capital invested by funds: $152M → $145M (-$6.3M)
2.06% less ownership
Funds ownership: 67.08% → 65.02% (-2.1%)
5% less funds holding
Funds holding: 65 → 62 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$2.19M |
| 2 |
Betterment LLC
New York
|
+$936K |
| 3 |
LPL Financial
San Diego,
California
|
+$818K |
| 4 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$790K |
| 5 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$1.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$890K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$641K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$438K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$308K |
EFAX Hedge Fund Activity: Q3 2023 in Review
62 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q3 2023, worth a combined $145M — down 4.2% from $152M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of EFAX and 3 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 25 added.
The largest buyer was Miracle Mile Advisors, adding an estimated $2.19M. The largest seller was Cerity Partners, cutting an estimated $1.5M.
- 62 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q3 2023, down from 65 in Q2 2023.
- Funds reported $145M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q3 2023, down 4.2% quarter-over-quarter.
- 3 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q3 2023 and 5 closed out, a net change of -2 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q3 2023 was Miracle Mile Advisors, an estimated $2.19M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q3 2023 was Cerity Partners, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2023.