Global X US Infrastructure Development ETF
PAVE
418 hedge funds and large institutions have $2.86B invested in Global X US Infrastructure Development ETF in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 128 increasing their positions, 156 reducing their positions, and 43 closing their positions.
33% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 43
28% more capital invested
Capital invested by funds: $2.23B → $2.86B (+$630M)
5.21% more ownership
Funds ownership: 55.32% → 60.53% (+5.2%)
3% more funds holding
Funds holding: 407 → 418 (+11)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
18% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 156
39% less call options, than puts
Call options by funds: $5.14M | Put options by funds: $8.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$96.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$75.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$69.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$25.2M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Portfolio Strategies
Monsey,
New York
|
-$11.6M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$6.13M |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$4.24M |
| 4 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
-$4.17M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$3.35M |
PAVE Hedge Fund Activity: Q2 2023 in Review
418 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q2 2023, worth a combined $2.86B — up 28% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PAVE positions and 43 closed out — a net gain of 14 holders — while 128 added to existing stakes and 156 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $96.8M. The largest seller was Portfolio Strategies, cutting an estimated $11.6M.
- 418 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q2 2023, up from 407 in Q1 2023.
- Funds reported $2.86B of Global X US Infrastructure Development ETF stock for Q2 2023, up 28% quarter-over-quarter.
- 57 funds opened new Global X US Infrastructure Development ETF positions in Q2 2023 and 43 closed out, a net change of +14 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q2 2023 was JP Morgan Chase, an estimated $96.8M added.
- The largest Global X US Infrastructure Development ETF seller in Q2 2023 was Portfolio Strategies, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2023.