Global X Cannabis ETF
POTX
POTX was delisted on the 16th of February, 2024.
39 hedge funds and large institutions have $5.8M invested in Global X Cannabis ETF in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 21 closing their positions.
20% less call options, than puts
Call options by funds: $385K | Put options by funds: $479K
25% less funds holding
Funds holding: 52 → 39 (-13)
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
57% less capital invested
Capital invested by funds: $13.5M → $5.8M (-$7.72M)
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFS
Weitzel Financial Services
Dubuque,
Iowa
|
+$9.03M |
| 2 |
CG
Colony Group
Boston,
Massachusetts
|
+$333K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$261K |
| 4 |
Jane Street
New York
|
+$190K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$513K |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$467K |
| 3 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$257K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$186K |
| 5 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RPCA
51
Running Point Capital Advisors
El Segundo,
California
| – | -$4K | -110 | Closed |
|
|
MCC
52
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$3K | -100 | Closed |
|
|
BWA
53
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$926 | -41 | -98% |
|
54
Koshinski Asset Management
Decatur,
Illinois
| – | -$410 | -13 | Closed |
|
|
HPC
55
HM Payson & Co
Portland,
Maine
| – | -$23 | -1 | -14% |
|
|
TFA
56
Toth Financial Advisory
Leesburg,
Virginia
| – | -$23 | -1 | -6% |
|
POTX Hedge Fund Activity: Q2 2022 in Review
39 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Global X Cannabis ETF (POTX) for Q2 2022, worth a combined $5.8M — down 57% from $13.5M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of POTX and 8 opened new positions — a net loss of 13 holders — while 16 trimmed existing stakes and 7 added.
The largest buyer was Weitzel Financial Services, opening a new position worth an estimated $9.03M. The largest seller was LPL Financial, cutting an estimated $513K.
- 39 institutional investors held Global X Cannabis ETF (POTX) as of Q2 2022, down from 52 in Q1 2022.
- Funds reported $5.8M of Global X Cannabis ETF stock for Q2 2022, down 57% quarter-over-quarter.
- 8 funds opened new Global X Cannabis ETF positions in Q2 2022 and 21 closed out, a net change of -13 holders.
- The largest Global X Cannabis ETF buyer in Q2 2022 was Weitzel Financial Services, an estimated $9.03M added.
- The largest Global X Cannabis ETF seller in Q2 2022 was LPL Financial, an estimated $513K sold.
Based on aggregated 13F filings for Q2 2022.