State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
63 hedge funds and large institutions have $165M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 9 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 9
5% less funds holding
Funds holding: 66 → 63 (-3)
20% less capital invested
Capital invested by funds: $207M → $165M (-$42.4M)
25.46% less ownership
Funds ownership: 161.27% → 135.81% (-25%)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$8.75M |
| 2 |
LWIC
Leith Wheeler Investment Counsel
Vancouver,
British Columbia, Canada
|
+$6.41M |
| 3 |
Betterment LLC
New York
|
+$3.76M |
| 4 |
Cerity Partners
New York
|
+$2.92M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$35.1M |
| 2 |
Jane Street
New York
|
-$1.44M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$1.3M |
| 4 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
-$279K |
| 5 |
FDCC
Foster Dykema Cabot & Co
Waltham,
Massachusetts
|
-$269K |
EFAX Hedge Fund Activity: Q2 2022 in Review
63 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q2 2022, worth a combined $165M — down 20% from $207M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EFAX and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 26 added.
The largest buyer was Lake Street Advisors Group, adding an estimated $8.75M. The largest seller was Franklin Resources, cutting an estimated $35.1M.
- 63 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q2 2022, down from 66 in Q1 2022.
- Funds reported $165M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q2 2022, down 20% quarter-over-quarter.
- 6 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q2 2022 and 9 closed out, a net change of -3 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q2 2022 was Lake Street Advisors Group, an estimated $8.75M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q2 2022 was Franklin Resources, an estimated $35.1M sold.
Based on aggregated 13F filings for Q2 2022.