Global X US Infrastructure Development ETF
PAVE
583 hedge funds and large institutions have $5.26B invested in Global X US Infrastructure Development ETF in 2025 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 244 increasing their positions, 189 reducing their positions, and 58 closing their positions.
1,427% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $102K
29% more repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 189
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
0.11% less ownership
Funds ownership: 68.69% → 68.58% (-0.11%)
3% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 58
2% less funds holding
Funds holding: 595 → 583 (-12)
11% less capital invested
Capital invested by funds: $5.89B → $5.26B (-$635M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$51.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$37.2M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$21M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$21M |
| 5 |
Morgan Stanley
New York
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$200M |
| 2 |
JP Morgan Chase
New York
|
-$190M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$23.6M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$22.1M |
| 5 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$21.5M |
PAVE Hedge Fund Activity: Q1 2025 in Review
583 of the 7,470 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q1 2025, worth a combined $5.26B — down 11% from $5.89B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of PAVE and 56 opened new positions — a net loss of 2 holders — while 189 trimmed existing stakes and 244 added.
The largest buyer was Citigroup, adding an estimated $51.3M. The largest seller was Clal Insurance, cutting an estimated $200M.
- 583 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q1 2025, down from 595 in Q4 2024.
- Funds reported $5.26B of Global X US Infrastructure Development ETF stock for Q1 2025, down 11% quarter-over-quarter.
- 56 funds opened new Global X US Infrastructure Development ETF positions in Q1 2025 and 58 closed out, a net change of -2 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q1 2025 was Citigroup, an estimated $51.3M added.
- The largest Global X US Infrastructure Development ETF seller in Q1 2025 was Clal Insurance, an estimated $200M sold.
Based on aggregated 13F filings for Q1 2025.