Global X US Infrastructure Development ETF
PAVE
38 hedge funds and large institutions have $74M invested in Global X US Infrastructure Development ETF in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $69.4M → $74M (+$4.59M)
1.39% less ownership
Funds ownership: 53.91% → 52.53% (-1.4%)
7% less funds holding
Funds holding: 41 → 38 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.78M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$409K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$342K |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$293K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$721K |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$651K |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$460K |
| 4 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$188K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$159K |
PAVE Hedge Fund Activity: Q2 2019 in Review
38 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q2 2019, worth a combined $74M — up 6.6% from $69.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PAVE and 5 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 10 added.
The largest buyer was UBS Group, adding an estimated $4.78M. The largest seller was Jane Street, exiting entirely with an estimated $721K sold.
- 38 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q2 2019, down from 41 in Q1 2019.
- Funds reported $74M of Global X US Infrastructure Development ETF stock for Q2 2019, up 6.6% quarter-over-quarter.
- 5 funds opened new Global X US Infrastructure Development ETF positions in Q2 2019 and 6 closed out, a net change of -1 holder.
- The largest Global X US Infrastructure Development ETF buyer in Q2 2019 was UBS Group, an estimated $4.78M added.
- The largest Global X US Infrastructure Development ETF seller in Q2 2019 was Jane Street, an estimated $721K sold.
Based on aggregated 13F filings for Q2 2019.