Global X FinTech ETF
FINX
39 hedge funds and large institutions have $56.9M invested in Global X FinTech ETF in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 19 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
4.53% less ownership
Funds ownership: 25.53% → 21% (-4.5%)
11% less funds holding
Funds holding: 44 → 39 (-5)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
47% less capital invested
Capital invested by funds: $107M → $56.9M (-$49.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.33M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.65M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.76M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.6M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$12.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.99M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.83M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.92M |
| 5 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$4.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OGC
51
Oak Grove Capital
North Hampton,
New Hampshire
| – | -$259K | -9,000 | Closed |
|
52
Stifel Financial
St. Louis,
Missouri
| – | -$235K | -8,190 | Closed |
|
53
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$225K | -7,829 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$151K | -5,246 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$47K | -1,643 | Closed |
|
|
KF
56
Krilogy Financial
St. Louis,
Missouri
| – | -$29K | -1,000 | Closed |
|
57
Wells Fargo
San Francisco,
California
| – | -$26K | -911 | Closed |
|
|
JA
58
JOYN Advisors
Atlanta,
Georgia
| – | -$8K | -261 | Closed |
|
FINX Hedge Fund Activity: Q4 2018 in Review
39 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Global X FinTech ETF (FINX) for Q4 2018, worth a combined $56.9M — down 47% from $107M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FINX and 14 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $4.33M. The largest seller was Mirae Asset Global Investments, cutting an estimated $12.2M.
- 39 institutional investors held Global X FinTech ETF (FINX) as of Q4 2018, down from 44 in Q3 2018.
- Funds reported $56.9M of Global X FinTech ETF stock for Q4 2018, down 47% quarter-over-quarter.
- 14 funds opened new Global X FinTech ETF positions in Q4 2018 and 19 closed out, a net change of -5 holders.
- The largest Global X FinTech ETF buyer in Q4 2018 was PNC Financial Services Group, an estimated $4.33M added.
- The largest Global X FinTech ETF seller in Q4 2018 was Mirae Asset Global Investments, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2018.