Global X Millennial Consumer ETF
MILN
39 hedge funds and large institutions have $33.3M invested in Global X Millennial Consumer ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 10 closing their positions.
4.09% less ownership
Funds ownership: 34.17% → 30.09% (-4.1%)
13% less funds holding
Funds holding: 45 → 39 (-6)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
23% less capital invested
Capital invested by funds: $43.3M → $33.3M (-$10M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.22M |
| 2 |
MWM
Moran Wealth Management
Naples,
Florida
|
+$672K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$199K |
| 4 |
Morgan Stanley
New York
|
+$68.1K |
| 5 |
Two Sigma Investments
New York
|
+$23.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.78M |
| 2 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
-$2.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.51M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.23M |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$1.03M |
MILN Hedge Fund Activity: Q4 2025 in Review
39 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Global X Millennial Consumer ETF (MILN) for Q4 2025, worth a combined $33.3M — down 23% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MILN and 4 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $2.22M. The largest seller was LPL Financial, cutting an estimated $3.78M.
- 39 institutional investors held Global X Millennial Consumer ETF (MILN) as of Q4 2025, down from 45 in Q3 2025.
- Funds reported $33.3M of Global X Millennial Consumer ETF stock for Q4 2025, down 23% quarter-over-quarter.
- 4 funds opened new Global X Millennial Consumer ETF positions in Q4 2025 and 10 closed out, a net change of -6 holders.
- The largest Global X Millennial Consumer ETF buyer in Q4 2025 was Bank of America, an estimated $2.22M added.
- The largest Global X Millennial Consumer ETF seller in Q4 2025 was LPL Financial, an estimated $3.78M sold.
Based on aggregated 13F filings for Q4 2025.