KraneShares California Carbon Allowance Strategy ETF
KCCA
22 hedge funds and large institutions have $209M invested in KraneShares California Carbon Allowance Strategy ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
1.97% more ownership
Funds ownership: 79.29% → 81.26% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $214M → $209M (-$4.6M)
8% less funds holding
Funds holding: 24 → 22 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STA
Summit Trail Advisors
New York
|
+$4.5M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.42M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$971K |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$531K |
| 5 |
JPG
Jordan Park Group
San Francisco,
California
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGA
Battery Global Advisors
Boston,
Massachusetts
|
-$1.14M |
| 2 |
Morgan Stanley
New York
|
-$922K |
| 3 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
-$630K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$496K |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$246K |
KCCA Hedge Fund Activity: Q1 2024 in Review
22 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in KraneShares California Carbon Allowance Strategy ETF (KCCA) for Q1 2024, worth a combined $209M — down 2.2% from $214M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KCCA and 5 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Summit Trail Advisors, adding an estimated $4.5M. The largest seller was Battery Global Advisors, exiting entirely with an estimated $1.14M sold.
- 22 institutional investors held KraneShares California Carbon Allowance Strategy ETF (KCCA) as of Q1 2024, down from 24 in Q4 2023.
- Funds reported $209M of KraneShares California Carbon Allowance Strategy ETF stock for Q1 2024, down 2.2% quarter-over-quarter.
- 5 funds opened new KraneShares California Carbon Allowance Strategy ETF positions in Q1 2024 and 7 closed out, a net change of -2 holders.
- The largest KraneShares California Carbon Allowance Strategy ETF buyer in Q1 2024 was Summit Trail Advisors, an estimated $4.5M added.
- The largest KraneShares California Carbon Allowance Strategy ETF seller in Q1 2024 was Battery Global Advisors, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2024.