Global X US Infrastructure Development ETF
PAVE
821 hedge funds and large institutions have $10.4B invested in Global X US Infrastructure Development ETF in 2026 Q2 according to their latest regulatory filings, with 133 funds opening new positions, 333 increasing their positions, 187 reducing their positions, and 38 closing their positions.
250% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 38
132% more call options, than puts
Call options by funds: $6.02M | Put options by funds: $2.59M
78% more repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 187
26% more capital invested
Capital invested by funds: $8.24B → $10.4B (+$2.12B)
15% more funds holding in top 10
Funds holding in top 10: 27 → 31 (+4)
12% more funds holding
Funds holding: 736 → 821 (+85)
0.43% more ownership
Funds ownership: 71.01% → 71.45% (+0.43%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$139M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$90.4M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$61.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$56.2M |
| 5 |
Morgan Stanley
New York
|
+$55.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$108M |
| 2 |
KIM
Kestra Investment Management
Austin,
Texas
|
-$58.9M |
| 3 |
VanEck Associates
New York
|
-$39.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$18.3M |
| 5 |
ES
Eagle Strategies
New York
|
-$8.61M |
PAVE Hedge Fund Activity: Q2 2026 in Review
821 of the 8,348 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q2 2026, worth a combined $10.4B — up 26% from $8.24B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new PAVE positions and 38 closed out — a net gain of 95 holders — while 333 added to existing stakes and 187 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $139M. The largest seller was JP Morgan Chase, cutting an estimated $108M.
- 821 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q2 2026, up from 736 in Q1 2026.
- Funds reported $10.4B of Global X US Infrastructure Development ETF stock for Q2 2026, up 26% quarter-over-quarter.
- 133 funds opened new Global X US Infrastructure Development ETF positions in Q2 2026 and 38 closed out, a net change of +95 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q2 2026 was Focus Partners Wealth, an estimated $139M added.
- The largest Global X US Infrastructure Development ETF seller in Q2 2026 was JP Morgan Chase, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2026.