Global X US Infrastructure Development ETF
PAVE
53 hedge funds and large institutions have $84.6M invested in Global X US Infrastructure Development ETF in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 9 closing their positions.
361% more capital invested
Capital invested by funds: $18.4M → $84.6M (+$66.3M)
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
30.29% more ownership
Funds ownership: 17.16% → 47.46% (+30%)
20% more funds holding
Funds holding: 44 → 53 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$20.2M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$10.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.11M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.46M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$976K |
| 3 |
TC
TAP Consulting
Kirkwood,
Missouri
|
-$735K |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$279K |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$254K |
PAVE Hedge Fund Activity: Q2 2020 in Review
53 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q2 2020, worth a combined $84.6M — up 361% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PAVE positions and 9 closed out — a net gain of 9 holders — while 18 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $20.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.46M sold.
- 53 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q2 2020, up from 44 in Q1 2020.
- Funds reported $84.6M of Global X US Infrastructure Development ETF stock for Q2 2020, up 361% quarter-over-quarter.
- 18 funds opened new Global X US Infrastructure Development ETF positions in Q2 2020 and 9 closed out, a net change of +9 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q2 2020 was RiverFront Investment Group, an estimated $20.2M added.
- The largest Global X US Infrastructure Development ETF seller in Q2 2020 was Citadel Advisors, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2020.