State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
46 hedge funds and large institutions have $93.5M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 3 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
14% more capital invested
Capital invested by funds: $82.1M → $93.5M (+$11.4M)
5% more funds holding
Funds holding: 44 → 46 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.42% less ownership
Funds ownership: 104.53% → 99.11% (-5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$7.38M |
| 2 |
Goldman Sachs
New York
|
+$4.97M |
| 3 |
FC
Fulcrum Capital
Seattle,
Washington
|
+$1.26M |
| 4 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$523K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.41M |
| 2 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$2.66M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$1.25M |
| 4 |
FI
Financial Insights
Tacoma,
Washington
|
-$235K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$194K |
EFAX Hedge Fund Activity: Q1 2021 in Review
46 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q1 2021, worth a combined $93.5M — up 14% from $82.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new EFAX positions and 3 closed out — a net gain of 2 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Betterment LLC, adding an estimated $7.38M. The largest seller was Jane Street, cutting an estimated $3.41M.
- 46 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q1 2021, up from 44 in Q4 2020.
- Funds reported $93.5M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q1 2021, up 14% quarter-over-quarter.
- 5 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q1 2021 and 3 closed out, a net change of +2 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q1 2021 was Betterment LLC, an estimated $7.38M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q1 2021 was Jane Street, an estimated $3.41M sold.
Based on aggregated 13F filings for Q1 2021.