State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
65 hedge funds and large institutions have $172M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
8% more funds holding
Funds holding: 60 → 65 (+5)
5% more capital invested
Capital invested by funds: $164M → $172M (+$8.23M)
69.98% less ownership
Funds ownership: 139.04% → 69.06% (-70%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$3.07M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.76M |
| 3 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$1.89M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.75M |
| 5 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$14.2M |
| 2 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$1.93M |
| 3 |
Jane Street
New York
|
-$1.38M |
| 4 |
LWIC
Leith Wheeler Investment Counsel
Vancouver,
British Columbia, Canada
|
-$529K |
| 5 |
APA
Astoria Portfolio Advisors
New York
|
-$470K |
EFAX Hedge Fund Activity: Q1 2023 in Review
65 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q1 2023, worth a combined $172M — up 5% from $164M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EFAX positions and 3 closed out — a net gain of 6 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Cerity Partners, opening a new position worth an estimated $3.07M. The largest seller was Franklin Resources, cutting an estimated $14.2M.
- 65 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q1 2023, up from 60 in Q4 2022.
- Funds reported $172M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q1 2023, up 5% quarter-over-quarter.
- 9 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q1 2023 and 3 closed out, a net change of +6 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q1 2023 was Cerity Partners, an estimated $3.07M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q1 2023 was Franklin Resources, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2023.