State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
66 hedge funds and large institutions have $164M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
13% more capital invested
Capital invested by funds: $145M → $164M (+$18.5M)
6% more funds holding
Funds holding: 62 → 66 (+4)
1.85% more ownership
Funds ownership: 65.02% → 66.88% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$1.83M |
| 2 |
Cerity Partners
New York
|
+$1.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.2M |
| 5 |
JP Morgan Chase
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$2.46M |
| 2 |
LWIC
Leith Wheeler Investment Counsel
Vancouver,
British Columbia, Canada
|
-$1.55M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
-$1.43M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$489K |
| 5 |
FCM
Fortis Capital Management
Bellevue,
Washington
|
-$345K |
EFAX Hedge Fund Activity: Q4 2023 in Review
66 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q4 2023, worth a combined $164M — up 13% from $145M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EFAX positions and 5 closed out — a net gain of 6 holders — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Miracle Mile Advisors, adding an estimated $1.83M. The largest seller was Tidal Investments, exiting entirely with an estimated $2.46M sold.
- 66 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q4 2023, up from 62 in Q3 2023.
- Funds reported $164M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q4 2023, up 13% quarter-over-quarter.
- 11 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q4 2023 and 5 closed out, a net change of +6 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q4 2023 was Miracle Mile Advisors, an estimated $1.83M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q4 2023 was Tidal Investments, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2023.