Global X US Infrastructure Development ETF
PAVE
261 hedge funds and large institutions have $1.17B invested in Global X US Infrastructure Development ETF in 2021 Q1 according to their latest regulatory filings, with 143 funds opening new positions, 95 increasing their positions, 8 reducing their positions, and 7 closing their positions.
1,943% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 7
1,088% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 8
170% more capital invested
Capital invested by funds: $432M → $1.17B (+$733M)
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
109% more funds holding
Funds holding: 125 → 261 (+136)
7.5% less ownership
Funds ownership: 59.89% → 52.39% (-7.5%)
23% less call options, than puts
Call options by funds: $2.68M | Put options by funds: $3.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$70.1M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$33.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$31M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$28.3M |
| 5 |
LPL Financial
San Diego,
California
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.31M |
| 2 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$1.44M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$1.36M |
| 4 |
PWS
Paragon Wealth Strategies
Jacksonville,
Florida
|
-$718K |
| 5 |
Millennium Management
New York
|
-$681K |
PAVE Hedge Fund Activity: Q1 2021 in Review
261 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q1 2021, worth a combined $1.17B — up 170% from $432M a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new PAVE positions and 7 closed out — a net gain of 136 holders — while 95 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $70.1M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $2.31M sold.
- 261 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q1 2021, up from 125 in Q4 2020.
- Funds reported $1.17B of Global X US Infrastructure Development ETF stock for Q1 2021, up 170% quarter-over-quarter.
- 143 funds opened new Global X US Infrastructure Development ETF positions in Q1 2021 and 7 closed out, a net change of +136 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q1 2021 was Morgan Stanley, an estimated $70.1M added.
- The largest Global X US Infrastructure Development ETF seller in Q1 2021 was Cambridge Investment Research Advisors, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2021.