State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
38 hedge funds and large institutions have $74.8M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
65% more capital invested
Capital invested by funds: $45.3M → $74.8M (+$29.5M)
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
9% more funds holding
Funds holding: 35 → 38 (+3)
6.98% more ownership
Funds ownership: 79.78% → 86.76% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fulcrum Capital
Seattle,
Washington
|
+$2.82M |
| 2 |
LWIC
Leith Wheeler Investment Counsel
Vancouver,
British Columbia, Canada
|
+$2.25M |
| 3 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$890K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$829K |
| 5 |
HDIM
Hanson & Doremus Investment Management
Burlington,
Vermont
|
+$696K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.33M |
| 2 |
AIA
Angeles Investment Advisors
Santa Monica,
California
|
-$704K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$369K |
| 4 |
HGWM
Horst & Graben Wealth Management
Portland,
Oregon
|
-$246K |
| 5 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$107K |
EFAX Hedge Fund Activity: Q3 2020 in Review
38 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q3 2020, worth a combined $74.8M — up 65% from $45.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EFAX positions and 5 closed out — a net gain of 3 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Fulcrum Capital, adding an estimated $2.82M. The largest seller was Jane Street, exiting entirely with an estimated $2.33M sold.
- 38 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q3 2020, up from 35 in Q2 2020.
- Funds reported $74.8M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q3 2020, up 65% quarter-over-quarter.
- 8 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q3 2020 and 5 closed out, a net change of +3 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q3 2020 was Fulcrum Capital, an estimated $2.82M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q3 2020 was Jane Street, an estimated $2.33M sold.
Based on aggregated 13F filings for Q3 2020.