State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
58 hedge funds and large institutions have $143M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 10 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
2.41% more ownership
Funds ownership: 135.81% → 138.23% (+2.4%)
8% less funds holding
Funds holding: 63 → 58 (-5)
13% less capital invested
Capital invested by funds: $165M → $143M (-$21.4M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
+$6.39M |
| 2 |
LWIC
Leith Wheeler Investment Counsel
Vancouver,
British Columbia, Canada
|
+$1.38M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$761K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$599K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$3.87M |
| 2 |
Cerity Partners
New York
|
-$2.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.3M |
| 4 |
Jane Street
New York
|
-$1.99M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$1.94M |
EFAX Hedge Fund Activity: Q3 2022 in Review
58 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q3 2022, worth a combined $143M — down 13% from $165M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EFAX and 5 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Gemmer Asset Management, opening a new position worth an estimated $6.39M. The largest seller was Lake Street Advisors Group, cutting an estimated $3.87M.
- 58 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q3 2022, down from 63 in Q2 2022.
- Funds reported $143M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q3 2022, down 13% quarter-over-quarter.
- 5 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q3 2022 and 10 closed out, a net change of -5 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q3 2022 was Gemmer Asset Management, an estimated $6.39M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q3 2022 was Lake Street Advisors Group, an estimated $3.87M sold.
Based on aggregated 13F filings for Q3 2022.