State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
65 hedge funds and large institutions have $152M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 7 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
0% more funds holding
Funds holding: 65 → 65 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1.98% less ownership
Funds ownership: 69.06% → 67.08% (-2%)
13% less capital invested
Capital invested by funds: $174M → $152M (-$22.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$1.61M |
| 2 |
Betterment LLC
New York
|
+$1.16M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$948K |
| 4 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
+$842K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$24.8M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.19M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.48M |
| 4 |
Jane Street
New York
|
-$661K |
| 5 |
FC
Fulcrum Capital
Seattle,
Washington
|
-$313K |
EFAX Hedge Fund Activity: Q2 2023 in Review
65 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q2 2023, worth a combined $152M — down 13% from $174M a quarter earlier.
Fund positioning in EFAX was balanced in Q2 2023: 7 funds opened new positions, 7 closed out, 27 added to existing stakes and 19 trimmed.
The largest buyer was F.L. Putnam Investment Management, adding an estimated $1.61M. The largest seller was Franklin Resources, exiting entirely with an estimated $24.8M sold.
- 65 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $152M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q2 2023, down 13% quarter-over-quarter.
- 7 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q2 2023 and 7 closed out, a net change of 0 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q2 2023 was F.L. Putnam Investment Management, an estimated $1.61M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q2 2023 was Franklin Resources, an estimated $24.8M sold.
Based on aggregated 13F filings for Q2 2023.