Global X US Infrastructure Development ETF
PAVE
485 hedge funds and large institutions have $3.56B invested in Global X US Infrastructure Development ETF in 2023 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 162 increasing their positions, 154 reducing their positions, and 35 closing their positions.
189% more call options, than puts
Call options by funds: $4.42M | Put options by funds: $1.53M
149% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 35
13% more capital invested
Capital invested by funds: $3.14B → $3.56B (+$412M)
11% more funds holding
Funds holding: 438 → 485 (+47)
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
5% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 154
0.4% more ownership
Funds ownership: 62% → 62.39% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$51.6M |
| 2 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$14.4M |
| 3 |
Morgan Stanley
New York
|
+$13.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.6M |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$127M |
| 2 |
PS
Portfolio Strategies
Monsey,
New York
|
-$30.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$23.2M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$19.7M |
| 5 |
PWS
Paragon Wealth Strategies
Jacksonville,
Florida
|
-$13.5M |
PAVE Hedge Fund Activity: Q4 2023 in Review
485 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q4 2023, worth a combined $3.56B — up 13% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new PAVE positions and 35 closed out — a net gain of 52 holders — while 162 added to existing stakes and 154 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $51.6M. The largest seller was JP Morgan Chase, cutting an estimated $127M.
- 485 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q4 2023, up from 438 in Q3 2023.
- Funds reported $3.56B of Global X US Infrastructure Development ETF stock for Q4 2023, up 13% quarter-over-quarter.
- 87 funds opened new Global X US Infrastructure Development ETF positions in Q4 2023 and 35 closed out, a net change of +52 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q4 2023 was Bank of Montreal, an estimated $51.6M added.
- The largest Global X US Infrastructure Development ETF seller in Q4 2023 was JP Morgan Chase, an estimated $127M sold.
Based on aggregated 13F filings for Q4 2023.