Global X US Infrastructure Development ETF
PAVE
407 hedge funds and large institutions have $2.23B invested in Global X US Infrastructure Development ETF in 2023 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 138 increasing their positions, 152 reducing their positions, and 34 closing their positions.
518% more call options, than puts
Call options by funds: $5.89M | Put options by funds: $953K
56% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 34
21% more capital invested
Capital invested by funds: $1.84B → $2.23B (+$384M)
3% more funds holding
Funds holding: 395 → 407 (+12)
2.87% more ownership
Funds ownership: 52.45% → 55.32% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
9% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$230M |
| 2 |
LPL Financial
San Diego,
California
|
+$28.4M |
| 3 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$23.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$9.7M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$8.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$87.7M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$6.03M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$5.3M |
| 4 |
CM
Crestline Management
Fort Worth,
Texas
|
-$2.94M |
| 5 |
Rockefeller Capital Management
New York
|
-$2.8M |
PAVE Hedge Fund Activity: Q1 2023 in Review
407 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q1 2023, worth a combined $2.23B — up 21% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PAVE positions and 34 closed out — a net gain of 19 holders — while 138 added to existing stakes and 152 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $230M. The largest seller was Bank of America, cutting an estimated $87.7M.
- 407 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q1 2023, up from 395 in Q4 2022.
- Funds reported $2.23B of Global X US Infrastructure Development ETF stock for Q1 2023, up 21% quarter-over-quarter.
- 53 funds opened new Global X US Infrastructure Development ETF positions in Q1 2023 and 34 closed out, a net change of +19 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q1 2023 was Bank of Montreal, an estimated $230M added.
- The largest Global X US Infrastructure Development ETF seller in Q1 2023 was Bank of America, an estimated $87.7M sold.
Based on aggregated 13F filings for Q1 2023.