Global X US Infrastructure Development ETF
PAVE
378 hedge funds and large institutions have $2.06B invested in Global X US Infrastructure Development ETF in 2021 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 188 increasing their positions, 79 reducing their positions, and 28 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 79
121% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 28
29% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $8.07M
29% more capital invested
Capital invested by funds: $1.6B → $2.06B (+$459M)
8% more funds holding
Funds holding: 350 → 378 (+28)
4.63% more ownership
Funds ownership: 43.36% → 47.99% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$324M |
| 2 |
JP Morgan Chase
New York
|
+$98.9M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$21M |
| 4 |
LPL Financial
San Diego,
California
|
+$19.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$38.9M |
| 2 |
MW
Marks Wealth
Annapolis,
Maryland
|
-$15.4M |
| 3 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$10.3M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$9.81M |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$8.87M |
PAVE Hedge Fund Activity: Q3 2021 in Review
378 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q3 2021, worth a combined $2.06B — up 29% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new PAVE positions and 28 closed out — a net gain of 34 holders — while 188 added to existing stakes and 79 trimmed.
The largest buyer was Bank of America, adding an estimated $324M. The largest seller was RiverFront Investment Group, cutting an estimated $38.9M.
- 378 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q3 2021, up from 350 in Q2 2021.
- Funds reported $2.06B of Global X US Infrastructure Development ETF stock for Q3 2021, up 29% quarter-over-quarter.
- 62 funds opened new Global X US Infrastructure Development ETF positions in Q3 2021 and 28 closed out, a net change of +34 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q3 2021 was Bank of America, an estimated $324M added.
- The largest Global X US Infrastructure Development ETF seller in Q3 2021 was RiverFront Investment Group, an estimated $38.9M sold.
Based on aggregated 13F filings for Q3 2021.