Global X US Infrastructure Development ETF
PAVE
350 hedge funds and large institutions have $1.6B invested in Global X US Infrastructure Development ETF in 2021 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 146 increasing their positions, 55 reducing their positions, and 26 closing their positions.
346% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 26
165% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 55
37% more capital invested
Capital invested by funds: $1.17B → $1.6B (+$437M)
34% more funds holding
Funds holding: 261 → 350 (+89)
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
9% less call options, than puts
Call options by funds: $49.3M | Put options by funds: $54.2M
9.03% less ownership
Funds ownership: 52.39% → 43.36% (-9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$48M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$43M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$30.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$26.2M |
| 5 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$34.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.13M |
| 4 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
-$5.74M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$4.79M |
PAVE Hedge Fund Activity: Q2 2021 in Review
350 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q2 2021, worth a combined $1.6B — up 37% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new PAVE positions and 26 closed out — a net gain of 90 holders — while 146 added to existing stakes and 55 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $48M. The largest seller was Mirae Asset Global Investments, cutting an estimated $34.8M.
- 350 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q2 2021, up from 261 in Q1 2021.
- Funds reported $1.6B of Global X US Infrastructure Development ETF stock for Q2 2021, up 37% quarter-over-quarter.
- 116 funds opened new Global X US Infrastructure Development ETF positions in Q2 2021 and 26 closed out, a net change of +90 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q2 2021 was Morgan Stanley, an estimated $48M added.
- The largest Global X US Infrastructure Development ETF seller in Q2 2021 was Mirae Asset Global Investments, an estimated $34.8M sold.
Based on aggregated 13F filings for Q2 2021.