Global X Millennial Consumer ETF
MILN
47 hedge funds and large institutions have $39.6M invested in Global X Millennial Consumer ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more capital invested
Capital invested by funds: $35.6M → $39.6M (+$4M)
9% more funds holding
Funds holding: 43 → 47 (+4)
0.98% more ownership
Funds ownership: 31.55% → 32.53% (+0.98%)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.47M |
| 2 |
LPL Financial
San Diego,
California
|
+$706K |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$576K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$281K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.84M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$780K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$652K |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$339K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$166K |
MILN Hedge Fund Activity: Q1 2024 in Review
47 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global X Millennial Consumer ETF (MILN) for Q1 2024, worth a combined $39.6M — up 11% from $35.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MILN positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $2.47M. The largest seller was Morgan Stanley, cutting an estimated $1.84M.
- 47 institutional investors held Global X Millennial Consumer ETF (MILN) as of Q1 2024, up from 43 in Q4 2023.
- Funds reported $39.6M of Global X Millennial Consumer ETF stock for Q1 2024, up 11% quarter-over-quarter.
- 7 funds opened new Global X Millennial Consumer ETF positions in Q1 2024 and 3 closed out, a net change of +4 holders.
- The largest Global X Millennial Consumer ETF buyer in Q1 2024 was Bank of America, an estimated $2.47M added.
- The largest Global X Millennial Consumer ETF seller in Q1 2024 was Morgan Stanley, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2024.