Global X US Infrastructure Development ETF
PAVE
44 hedge funds and large institutions have $18.4M invested in Global X US Infrastructure Development ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
0% more funds holding
Funds holding: 44 → 44 (0)
26.69% less ownership
Funds ownership: 43.85% → 17.16% (-27%)
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
78% less capital invested
Capital invested by funds: $82.3M → $18.4M (-$63.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.87M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.31M |
| 3 |
Morgan Stanley
New York
|
+$707K |
| 4 |
Jane Street
New York
|
+$447K |
| 5 |
Goldman Sachs
New York
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$21.1M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$17M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.98M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.17M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.55M |
PAVE Hedge Fund Activity: Q1 2020 in Review
44 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q1 2020, worth a combined $18.4M — down 78% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PAVE positions and 10 closed out — a net gain of 2 holders — while 7 added to existing stakes and 17 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.87M. The largest seller was Pinnacle Advisory Group, cutting an estimated $21.1M.
- 44 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $18.4M of Global X US Infrastructure Development ETF stock for Q1 2020, down 78% quarter-over-quarter.
- 12 funds opened new Global X US Infrastructure Development ETF positions in Q1 2020 and 10 closed out, a net change of +2 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q1 2020 was Citadel Advisors, an estimated $1.87M added.
- The largest Global X US Infrastructure Development ETF seller in Q1 2020 was Pinnacle Advisory Group, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2020.