Global X Cannabis ETF
POTX
POTX was delisted on the 16th of February, 2024.
34 hedge funds and large institutions have $4.01M invested in Global X Cannabis ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.
6% less funds holding
Funds holding: 36 → 34 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
40% less capital invested
Capital invested by funds: $6.69M → $4.01M (-$2.68M)
61% less call options, than puts
Call options by funds: $42K | Put options by funds: $108K
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$308K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$99.3K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$88.9K |
| 4 |
TAM
TCP Asset Management
Columbus,
Ohio
|
+$9.48K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$719 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$367K |
| 2 |
Jane Street
New York
|
-$366K |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$327K |
| 4 |
LPL Financial
San Diego,
California
|
-$146K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$144K |
POTX Hedge Fund Activity: Q2 2023 in Review
34 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Global X Cannabis ETF (POTX) for Q2 2023, worth a combined $4.01M — down 40% from $6.69M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of POTX and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 3 added.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $308K. The largest seller was Stratos Wealth Partners, exiting entirely with an estimated $367K sold.
- 34 institutional investors held Global X Cannabis ETF (POTX) as of Q2 2023, down from 36 in Q1 2023.
- Funds reported $4.01M of Global X Cannabis ETF stock for Q2 2023, down 40% quarter-over-quarter.
- 5 funds opened new Global X Cannabis ETF positions in Q2 2023 and 7 closed out, a net change of -2 holders.
- The largest Global X Cannabis ETF buyer in Q2 2023 was Old Mission Capital, an estimated $308K added.
- The largest Global X Cannabis ETF seller in Q2 2023 was Stratos Wealth Partners, an estimated $367K sold.
Based on aggregated 13F filings for Q2 2023.