We are live on ! Find out more
PAVE icon

Global X US Infrastructure Development ETF
PAVE

605 hedge funds and large institutions have $5.85B invested in Global X US Infrastructure Development ETF in 2025 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 180 increasing their positions, 217 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 55

11% more capital invested

Capital invested by funds: $5.26B → $5.85B (+$596M)

4% more funds holding

Funds holding: 582 → 605 (+23)

0.55% less ownership

Funds ownership: 68.58% → 68.03% (-0.55%)

13% less funds holding in top 10

Funds holding in top 10: 23 → 20 (-3)

17% less repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 217

Holders
605
Holders Change
+23
Holders Change %
+3.95%
% of All Funds
7.96%
Holding in Top 10
20
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-13.04%
% of All Funds
0.26%
New
85
Increased
180
Reduced
217
Closed
55
Calls
$2.37M
Puts
–
Net Calls
+$2.37M
Net Calls Change
+$910K

Top Buyers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
+$103M
2
WA
Waddell & Associates
Tennessee
+$73.1M
3
RIG
RiverFront Investment Group
Virginia
+$22.2M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$17.2M
5
LJAC
L.J. Altfest & Co
New York
+$9.62M

Top Sellers

Rank Fund Capital Flow
1
Principal Financial Group
Principal Financial Group
Iowa
-$107M
2
HIIFS
Harel Insurance Investments & Financial Services
Israel
-$91.6M
3
Citigroup
Citigroup
New York
-$49.8M
4
MIH
Meitav Investment House
Israel
-$32M
5
MTWSIF
Mivtachim The Workers Social Insurance Fund
Israel
-$27.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
AC
451
AlphaCore Capital
California
$214K -$34.2K -856 -15%
EA
452
Ergawealth Advisors
Illinois
$213K +$196K +4,898 New
GWP
453
Gateway Wealth Partners
Wisconsin
$213K +$195K +4,881 New
BlackRock
454
BlackRock
New York
$211K +$194K +4,842 New
Cerity Partners
455
Cerity Partners
New York
$210K -$331K -8,263 -63%
AR
456
Apeiron RIA
Texas
$209K +$192K +4,800 New
MC
457
Moors & Cabot
Massachusetts
$209K -$21.7K -542 -10%
SMWM
458
Silvia McColl Wealth Management
California
$208K +$191K +4,784 New
SFP
459
Sandbox Financial Partners
Maryland
$206K +$189K +4,736 New
BPFA
460
Barnes Pettey Financial Advisors
Mississippi
$206K +$189K +4,722 New
WTC
461
WhitTier Trust Company
Nevada
$205K -$2.12K -53 -1%
SWA
462
Stratos Wealth Advisors
Ohio
$204K -$764K -19,088 -80%
PP
463
Patten & Patten
Tennessee
$203K +$186K +4,655 New
EWM
464
Endowment Wealth Management
Wisconsin
$202K +$185K +4,634 New
ECA
465
Elevated Capital Advisors
Utah
$202K – – –
CWMGO
466
Capstone Wealth Management Group (Oregon)
Oregon
$202K +$185K +4,629 New
HIC
467
Holderness Investments Company
North Carolina
$201K +$185K +4,623 New
Fifth Third Bancorp
468
Fifth Third Bancorp
Ohio
$201K +$13.5K +338 +8%
BFG
469
Berger Financial Group
Minnesota
$201K +$184K +4,611 New
RIS
470
Retirement Income Solutions
Michigan
$201K +$184K +4,605 New
AWM
471
AE Wealth Management
Kansas
$193K +$4.32K +108 +3%
WSFS
472
Wilmington Savings Fund Society
Delaware
$192K +$6.32K +158 +4%
TPCW
473
TD Private Client Wealth
New York
$179K -$90.3K -2,256 -35%
BCM
474
Boreal Capital Management
Florida
$175K +$160K +4,000 New
AWM
475
Ameliora Wealth Management
Switzerland
$174K – – –
17 18
19
20 21

PAVE Hedge Fund Activity: Q2 2025 in Review

605 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q2 2025, worth a combined $5.85B — up 11% from $5.26B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new PAVE positions and 55 closed out — a net gain of 30 holders — while 180 added to existing stakes and 217 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $103M. The largest seller was Principal Financial Group, cutting an estimated $107M.

  • 605 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q2 2025, up from 582 in Q1 2025.
  • Funds reported $5.85B of Global X US Infrastructure Development ETF stock for Q2 2025, up 11% quarter-over-quarter.
  • 85 funds opened new Global X US Infrastructure Development ETF positions in Q2 2025 and 55 closed out, a net change of +30 holders.
  • The largest Global X US Infrastructure Development ETF buyer in Q2 2025 was JP Morgan Chase, an estimated $103M added.
  • The largest Global X US Infrastructure Development ETF seller in Q2 2025 was Principal Financial Group, an estimated $107M sold.

Based on aggregated 13F filings for Q2 2025.