Global X US Infrastructure Development ETF
PAVE
125 hedge funds and large institutions have $432M invested in Global X US Infrastructure Development ETF in 2020 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 41 increasing their positions, 5 reducing their positions, and 3 closing their positions.
2,267% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 3
720% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 5
271% more capital invested
Capital invested by funds: $117M → $432M (+$316M)
119% more funds holding
Funds holding: 57 → 125 (+68)
11.72% more ownership
Funds ownership: 48.17% → 59.89% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$32.7M |
| 2 |
Morgan Stanley
New York
|
+$32.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.5M |
| 4 |
PWS
Paragon Wealth Strategies
Jacksonville,
Florida
|
+$16.5M |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$240K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$227K |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$189K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$120K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$23.4K |
PAVE Hedge Fund Activity: Q4 2020 in Review
125 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q4 2020, worth a combined $432M — up 271% from $117M a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new PAVE positions and 3 closed out — a net gain of 68 holders — while 41 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $32.7M. The largest seller was Sowell Financial Services, cutting an estimated $240K.
- 125 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q4 2020, up from 57 in Q3 2020.
- Funds reported $432M of Global X US Infrastructure Development ETF stock for Q4 2020, up 271% quarter-over-quarter.
- 71 funds opened new Global X US Infrastructure Development ETF positions in Q4 2020 and 3 closed out, a net change of +68 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q4 2020 was RiverFront Investment Group, an estimated $32.7M added.
- The largest Global X US Infrastructure Development ETF seller in Q4 2020 was Sowell Financial Services, an estimated $240K sold.
Based on aggregated 13F filings for Q4 2020.