Global X US Infrastructure Development ETF
PAVE
43 hedge funds and large institutions have $59.8M invested in Global X US Infrastructure Development ETF in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
43% more funds holding
Funds holding: 30 → 43 (+13)
28% more capital invested
Capital invested by funds: $46.8M → $59.8M (+$13M)
14.6% more ownership
Funds ownership: 39.21% → 53.82% (+15%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$15.6M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.73M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.28M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$4.09M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$2.75M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$510K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$305K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$187K |
PAVE Hedge Fund Activity: Q4 2018 in Review
43 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q4 2018, worth a combined $59.8M — up 28% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PAVE positions and 3 closed out — a net gain of 14 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $15.6M. The largest seller was Pinnacle Advisory Group, cutting an estimated $4.09M.
- 43 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q4 2018, up from 30 in Q3 2018.
- Funds reported $59.8M of Global X US Infrastructure Development ETF stock for Q4 2018, up 28% quarter-over-quarter.
- 17 funds opened new Global X US Infrastructure Development ETF positions in Q4 2018 and 3 closed out, a net change of +14 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q4 2018 was RiverFront Investment Group, an estimated $15.6M added.
- The largest Global X US Infrastructure Development ETF seller in Q4 2018 was Pinnacle Advisory Group, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2018.