Global X Millennial Consumer ETF
MILN
44 hedge funds and large institutions have $25.6M invested in Global X Millennial Consumer ETF in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 8 closing their positions.
2.23% less ownership
Funds ownership: 27.35% → 25.12% (-2.2%)
6% less funds holding
Funds holding: 47 → 44 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
45% less capital invested
Capital invested by funds: $46.9M → $25.6M (-$21.3M)
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAS
HBW Advisory Services
Simi Valley,
California
|
+$2.93M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$868K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$763K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$51.8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$34.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.18M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.64M |
| 3 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
-$476K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$304K |
| 5 |
BS
Banco Santander
Madrid,
Spain
|
-$243K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFS
51
Prospera Financial Services
Dallas,
Texas
| – | -$1K | -20 | Closed |
|
52
Rockefeller Capital Management
New York
| – | +$821 | +27 | New |
|
MILN Hedge Fund Activity: Q2 2022 in Review
44 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Global X Millennial Consumer ETF (MILN) for Q2 2022, worth a combined $25.6M — down 45% from $46.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MILN and 6 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 8 added.
The largest buyer was HBW Advisory Services, opening a new position worth an estimated $2.93M. The largest seller was Morgan Stanley, cutting an estimated $6.18M.
- 44 institutional investors held Global X Millennial Consumer ETF (MILN) as of Q2 2022, down from 47 in Q1 2022.
- Funds reported $25.6M of Global X Millennial Consumer ETF stock for Q2 2022, down 45% quarter-over-quarter.
- 6 funds opened new Global X Millennial Consumer ETF positions in Q2 2022 and 8 closed out, a net change of -2 holders.
- The largest Global X Millennial Consumer ETF buyer in Q2 2022 was HBW Advisory Services, an estimated $2.93M added.
- The largest Global X Millennial Consumer ETF seller in Q2 2022 was Morgan Stanley, an estimated $6.18M sold.
Based on aggregated 13F filings for Q2 2022.