State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
66 hedge funds and large institutions have $207M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
52.85% more ownership
Funds ownership: 108.42% → 161.27% (+53%)
38% more capital invested
Capital invested by funds: $150M → $207M (+$57M)
8% more funds holding
Funds holding: 61 → 66 (+5)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$79.5M |
| 2 |
Jane Street
New York
|
+$6.46M |
| 3 |
Betterment LLC
New York
|
+$4.33M |
| 4 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$1.62M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fulcrum Capital
Seattle,
Washington
|
-$18.4M |
| 2 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
-$7.77M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.91M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.08M |
| 5 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$634K |
EFAX Hedge Fund Activity: Q1 2022 in Review
66 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q1 2022, worth a combined $207M — up 38% from $150M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new EFAX positions and 5 closed out — a net gain of 7 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $79.5M. The largest seller was Fulcrum Capital, cutting an estimated $18.4M.
- 66 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q1 2022, up from 61 in Q4 2021.
- Funds reported $207M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q1 2022, up 38% quarter-over-quarter.
- 12 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q1 2022 and 5 closed out, a net change of +7 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q1 2022 was Franklin Resources, an estimated $79.5M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q1 2022 was Fulcrum Capital, an estimated $18.4M sold.
Based on aggregated 13F filings for Q1 2022.