State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
19 hedge funds and large institutions have $13.3M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
27% more funds holding
Funds holding: 15 → 19 (+4)
2% less ownership
Funds ownership: 41.08% → 39.08% (-2%)
11% less capital invested
Capital invested by funds: $14.8M → $13.3M (-$1.56M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.19M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$500K |
| 3 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$297K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$240K |
| 5 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$54.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.7M |
| 2 |
Jane Street
New York
|
-$224K |
| 3 |
LPL Financial
San Diego,
California
|
-$224K |
| 4 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
-$177K |
| 5 |
BWP
Baldwin Wealth Partners
Marion,
Massachusetts
|
-$87.8K |
EFAX Hedge Fund Activity: Q2 2018 in Review
19 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q2 2018, worth a combined $13.3M — down 11% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EFAX positions and 3 closed out — a net gain of 4 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $1.19M. The largest seller was Susquehanna International Group, cutting an estimated $1.7M.
- 19 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q2 2018, up from 15 in Q1 2018.
- Funds reported $13.3M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q2 2018, down 11% quarter-over-quarter.
- 7 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $1.19M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q2 2018 was Susquehanna International Group, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2018.