Global X US Infrastructure Development ETF
PAVE
395 hedge funds and large institutions have $1.84B invested in Global X US Infrastructure Development ETF in 2022 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 95 increasing their positions, 159 reducing their positions, and 28 closing their positions.
296% more call options, than puts
Call options by funds: $6.12M | Put options by funds: $1.55M
107% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 28
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
13% more capital invested
Capital invested by funds: $1.63B → $1.84B (+$217M)
5% more funds holding
Funds holding: 376 → 395 (+19)
1.32% more ownership
Funds ownership: 51.13% → 52.45% (+1.3%)
40% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$22.1M |
| 2 |
PS
Portfolio Strategies
Monsey,
New York
|
+$21.8M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$9.76M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$4.49M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$28.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$22.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.57M |
| 4 |
Morgan Stanley
New York
|
-$4.59M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.05M |
PAVE Hedge Fund Activity: Q4 2022 in Review
395 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q4 2022, worth a combined $1.84B — up 13% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new PAVE positions and 28 closed out — a net gain of 30 holders — while 95 added to existing stakes and 159 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $22.1M. The largest seller was Goldman Sachs, cutting an estimated $28.8M.
- 395 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q4 2022, up from 376 in Q3 2022.
- Funds reported $1.84B of Global X US Infrastructure Development ETF stock for Q4 2022, up 13% quarter-over-quarter.
- 58 funds opened new Global X US Infrastructure Development ETF positions in Q4 2022 and 28 closed out, a net change of +30 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q4 2022 was Bank of Montreal, an estimated $22.1M added.
- The largest Global X US Infrastructure Development ETF seller in Q4 2022 was Goldman Sachs, an estimated $28.8M sold.
Based on aggregated 13F filings for Q4 2022.