Global X Millennial Consumer ETF
MILN
29 hedge funds and large institutions have $25.6M invested in Global X Millennial Consumer ETF in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 9 closing their positions.
103% more capital invested
Capital invested by funds: $12.6M → $25.6M (+$13M)
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
10.42% more ownership
Funds ownership: 16.05% → 26.47% (+10%)
4% more funds holding
Funds holding: 28 → 29 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$4.01M |
| 2 |
Morgan Stanley
New York
|
+$3.01M |
| 3 |
HAS
HBW Advisory Services
Simi Valley,
California
|
+$1.97M |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$1.51M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Occidental Asset Management
Burlingame,
California
|
-$853K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$325K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$304K |
| 4 |
Jane Street
New York
|
-$261K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $10K | – | – | – |
|
|
WCG
27
Weaver Consulting Group
Huntington Beach,
California
| $8K | – | – | – |
|
|
MF
28
Manchester Financial
Westlake Village,
California
| $3K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $2K | +$1.63K | +54 | New |
|
|
OAM
30
Occidental Asset Management
Burlingame,
California
| – | -$853K | -30,882 | Closed |
|
|
AIP
31
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$304K | -11,000 | Closed |
|
|
32
Jane Street
New York
| – | -$261K | -9,449 | Closed |
|
|
CAN
33
Cetera Advisor Networks
El Segundo,
California
| – | -$47K | -1,719 | Closed |
|
|
PAG
34
Private Advisor Group
Morristown,
New Jersey
| – | -$22K | -802 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$8K | -294 | Closed |
|
|
PFGIA
36
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$1K | -20 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | -$30 | -1 | Closed |
|
|
PCS
38
Personal CFO Solutions
Chester,
New Jersey
| – | +$350K | +11,583 | New |
|
MILN Hedge Fund Activity: Q3 2020 in Review
29 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Global X Millennial Consumer ETF (MILN) for Q3 2020, worth a combined $25.6M — up 103% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MILN positions and 9 closed out — a net gain of 1 holder — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Beaumont Financial Advisors, opening a new position worth an estimated $4.01M. The largest seller was Occidental Asset Management, exiting entirely with an estimated $853K sold.
- 29 institutional investors held Global X Millennial Consumer ETF (MILN) as of Q3 2020, up from 28 in Q2 2020.
- Funds reported $25.6M of Global X Millennial Consumer ETF stock for Q3 2020, up 103% quarter-over-quarter.
- 10 funds opened new Global X Millennial Consumer ETF positions in Q3 2020 and 9 closed out, a net change of +1 holder.
- The largest Global X Millennial Consumer ETF buyer in Q3 2020 was Beaumont Financial Advisors, an estimated $4.01M added.
- The largest Global X Millennial Consumer ETF seller in Q3 2020 was Occidental Asset Management, an estimated $853K sold.
Based on aggregated 13F filings for Q3 2020.