Global X Millennial Consumer ETF
MILN
47 hedge funds and large institutions have $46.9M invested in Global X Millennial Consumer ETF in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 22 reducing their positions, and 12 closing their positions.
2.28% less ownership
Funds ownership: 29.63% → 27.35% (-2.3%)
16% less funds holding
Funds holding: 56 → 47 (-9)
30% less capital invested
Capital invested by funds: $67.4M → $46.9M (-$20.4M)
64% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 22
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.33M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$737K |
| 3 |
Morgan Stanley
New York
|
+$505K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$211K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.8M |
| 2 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$3.62M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.31M |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$1.24M |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$758K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VWA
51
V Wealth Advisors
Overland Park,
Kansas
| – | -$446K | -10,474 | Closed |
|
|
ASFA
52
All Season Financial Advisors
Denver,
Colorado
| – | -$387K | -9,089 | Closed |
|
|
RJA
53
Raymond James & Associates
St Petersburg,
Florida
| – | -$365K | -8,575 | Closed |
|
|
QA
54
Quantitative Advantage
Minnetonka,
Minnesota
| – | -$287K | -6,729 | Closed |
|
|
IA
55
Insight Advisors
Newtown,
Pennsylvania
| – | -$230K | -5,398 | Closed |
|
56
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$225K | -5,295 | Closed |
|
|
CAN
57
Cetera Advisor Networks
El Segundo,
California
| – | -$207K | -4,864 | Closed |
|
|
SCA
58
Snowden Capital Advisors
New York
| – | -$15K | -356 | Closed |
|
|
FDCDDQ
59
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$8.52K | -200 | Closed |
|
MILN Hedge Fund Activity: Q1 2022 in Review
47 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Global X Millennial Consumer ETF (MILN) for Q1 2022, worth a combined $46.9M — down 30% from $67.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MILN and 4 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 8 added.
The largest buyer was Bank of America, adding an estimated $3.33M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.8M.
- 47 institutional investors held Global X Millennial Consumer ETF (MILN) as of Q1 2022, down from 56 in Q4 2021.
- Funds reported $46.9M of Global X Millennial Consumer ETF stock for Q1 2022, down 30% quarter-over-quarter.
- 4 funds opened new Global X Millennial Consumer ETF positions in Q1 2022 and 12 closed out, a net change of -8 holders.
- The largest Global X Millennial Consumer ETF buyer in Q1 2022 was Bank of America, an estimated $3.33M added.
- The largest Global X Millennial Consumer ETF seller in Q1 2022 was Raymond James Financial Services Advisors, an estimated $4.8M sold.
Based on aggregated 13F filings for Q1 2022.