State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
97 hedge funds and large institutions have $301M invested in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in 2026 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
21% more capital invested
Capital invested by funds: $248M → $301M (+$53.2M)
9% more funds holding
Funds holding: 89 → 97 (+8)
6.83% more ownership
Funds ownership: 53.07% → 59.9% (+6.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWIC
Leith Wheeler Investment Counsel
Vancouver,
British Columbia, Canada
|
+$12M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$8.75M |
| 3 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$7.01M |
| 4 |
Betterment LLC
New York
|
+$2.28M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.12M |
| 3 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
-$941K |
| 4 |
Mariner
Overland Park,
Kansas
|
-$645K |
| 5 |
VAF
Values Added Financial
Washington,
District of Columbia
|
-$347K |
EFAX Hedge Fund Activity: Q2 2026 in Review
97 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) for Q2 2026, worth a combined $301M — up 21% from $248M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EFAX positions and 3 closed out — a net gain of 10 holders — while 37 added to existing stakes and 26 trimmed.
The largest buyer was Leith Wheeler Investment Counsel, opening a new position worth an estimated $12M. The largest seller was Citadel Advisors, cutting an estimated $5.51M.
- 97 institutional investors held State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) as of Q2 2026, up from 89 in Q1 2026.
- Funds reported $301M of State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock for Q2 2026, up 21% quarter-over-quarter.
- 13 funds opened new State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF positions in Q2 2026 and 3 closed out, a net change of +10 holders.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF buyer in Q2 2026 was Leith Wheeler Investment Counsel, an estimated $12M added.
- The largest State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seller in Q2 2026 was Citadel Advisors, an estimated $5.51M sold.
Based on aggregated 13F filings for Q2 2026.