KraneShares California Carbon Allowance Strategy ETF
KCCA
24 hedge funds and large institutions have $221M invested in KraneShares California Carbon Allowance Strategy ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
5% more capital invested
Capital invested by funds: $210M → $221M (+$11.2M)
2.4% more ownership
Funds ownership: 79.71% → 82.1% (+2.4%)
0% more funds holding
Funds holding: 24 → 24 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.37M |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$5.7M |
| 3 |
PAWA
Palo Alto Wealth Advisors
Palo Alto,
California
|
+$1.23M |
| 4 |
STA
Summit Trail Advisors
New York
|
+$686K |
| 5 |
JPG
Jordan Park Group
San Francisco,
California
|
+$636K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWJF
Robert Wood Johnson Foundation
Princeton,
New Jersey
|
-$11.6M |
| 2 |
Jane Street
New York
|
-$2.95M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.47M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.13M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.05M |
KCCA Hedge Fund Activity: Q4 2023 in Review
24 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in KraneShares California Carbon Allowance Strategy ETF (KCCA) for Q4 2023, worth a combined $221M — up 5.3% from $210M a quarter earlier.
Fund positioning in KCCA was balanced in Q4 2023: 7 funds opened new positions, 7 closed out, 8 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.37M. The largest seller was Robert Wood Johnson Foundation, exiting entirely with an estimated $11.6M sold.
- 24 institutional investors held KraneShares California Carbon Allowance Strategy ETF (KCCA) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $221M of KraneShares California Carbon Allowance Strategy ETF stock for Q4 2023, up 5.3% quarter-over-quarter.
- 7 funds opened new KraneShares California Carbon Allowance Strategy ETF positions in Q4 2023 and 7 closed out, a net change of 0 holders.
- The largest KraneShares California Carbon Allowance Strategy ETF buyer in Q4 2023 was Morgan Stanley, an estimated $7.37M added.
- The largest KraneShares California Carbon Allowance Strategy ETF seller in Q4 2023 was Robert Wood Johnson Foundation, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2023.