State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
35 hedge funds and large institutions have $45.3M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 7 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
40% more capital invested
Capital invested by funds: $32.5M → $45.3M (+$12.8M)
1.28% more ownership
Funds ownership: 78.5% → 79.78% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 38 → 35 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$11.1M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$1.11M |
| 3 |
BOS
Bingham Osborn & Scarborough
San Francisco,
California
|
+$406K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$250K |
| 5 |
OFG
Oxford Financial Group
Carmel,
Indiana
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.33M |
| 2 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
-$2.18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.84M |
| 4 |
HDIM
Hanson & Doremus Investment Management
Burlington,
Vermont
|
-$634K |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$335K |
EFAX Hedge Fund Activity: Q2 2020 in Review
35 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q2 2020, worth a combined $45.3M — up 40% from $32.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EFAX and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was Lake Street Advisors Group, adding an estimated $11.1M. The largest seller was Osaic Holdings, cutting an estimated $3.33M.
- 35 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q2 2020, down from 38 in Q1 2020.
- Funds reported $45.3M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q2 2020, up 40% quarter-over-quarter.
- 4 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q2 2020 and 7 closed out, a net change of -3 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q2 2020 was Lake Street Advisors Group, an estimated $11.1M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q2 2020 was Osaic Holdings, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2020.