Global X FinTech ETF
FINX
71 hedge funds and large institutions have $180M invested in Global X FinTech ETF in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
55% more capital invested
Capital invested by funds: $117M → $180M (+$63.5M)
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
13% more funds holding
Funds holding: 63 → 71 (+8)
0.03% more ownership
Funds ownership: 28.07% → 28.1% (+0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$11.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.3M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.24M |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$1.2M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
-$7.82M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$2.27M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.03M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$976K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$903K |
FINX Hedge Fund Activity: Q2 2020 in Review
71 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Global X FinTech ETF (FINX) for Q2 2020, worth a combined $180M — up 55% from $117M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FINX positions and 7 closed out — a net gain of 8 holders — while 24 added to existing stakes and 16 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $11.6M. The largest seller was Baltimore-Washington Financial Advisors, cutting an estimated $7.82M.
- 71 institutional investors held Global X FinTech ETF (FINX) as of Q2 2020, up from 63 in Q1 2020.
- Funds reported $180M of Global X FinTech ETF stock for Q2 2020, up 55% quarter-over-quarter.
- 15 funds opened new Global X FinTech ETF positions in Q2 2020 and 7 closed out, a net change of +8 holders.
- The largest Global X FinTech ETF buyer in Q2 2020 was PNC Financial Services Group, an estimated $11.6M added.
- The largest Global X FinTech ETF seller in Q2 2020 was Baltimore-Washington Financial Advisors, an estimated $7.82M sold.
Based on aggregated 13F filings for Q2 2020.