Global X US Infrastructure Development ETF
PAVE
41 hedge funds and large institutions have $69.4M invested in Global X US Infrastructure Development ETF in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 8 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
16% more capital invested
Capital invested by funds: $59.8M → $69.4M (+$9.7M)
0.1% more ownership
Funds ownership: 53.82% → 53.91% (+0.1%)
5% less funds holding
Funds holding: 43 → 41 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$4.05M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$711K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$476K |
| 5 |
Morgan Stanley
New York
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.64M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.96M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.14M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$673K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$473K |
PAVE Hedge Fund Activity: Q1 2019 in Review
41 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q1 2019, worth a combined $69.4M — up 16% from $59.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PAVE and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Pinnacle Advisory Group, adding an estimated $4.05M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.64M sold.
- 41 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q1 2019, down from 43 in Q4 2018.
- Funds reported $69.4M of Global X US Infrastructure Development ETF stock for Q1 2019, up 16% quarter-over-quarter.
- 6 funds opened new Global X US Infrastructure Development ETF positions in Q1 2019 and 8 closed out, a net change of -2 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q1 2019 was Pinnacle Advisory Group, an estimated $4.05M added.
- The largest Global X US Infrastructure Development ETF seller in Q1 2019 was Susquehanna International Group, an estimated $3.64M sold.
Based on aggregated 13F filings for Q1 2019.