Global X Solar ETF
RAYS
RAYS was delisted on the 22nd of August, 2025.
3 hedge funds and large institutions have $260K invested in Global X Solar ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 0 reducing their positions, and 4 closing their positions.
6.94% less ownership
Funds ownership: 13.31% → 6.37% (-6.9%)
50% less funds holding
Funds holding: 6 → 3 (-3)
57% less capital invested
Capital invested by funds: $610K → $260K (-$350K)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HR
Howe & Rusling
Rochester,
New York
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$299K |
| 2 |
Jane Street
New York
|
-$267K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$29.9K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
1
Howe & Rusling
Rochester,
New York
| $248K | +$253K | +13,412 | New |
|
|
RDFA
2
Ritter Daniher Financial Advisory
Cincinnati,
Ohio
| $10.8K | – | – | – |
|
|
CWP
3
Concord Wealth Partners
Abingdon,
Virginia
| $574 | – | – | – |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$299K | -14,335 | Closed |
|
|
5
Jane Street
New York
| – | -$267K | -12,831 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$29.9K | -1,437 | Closed |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| – | -$1K | -66 | Closed |
|
RAYS Hedge Fund Activity: Q2 2023 in Review
3 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Global X Solar ETF (RAYS) for Q2 2023, worth a combined $260K — down 57% from $610K a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of RAYS and 1 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Howe & Rusling, opening a new position worth an estimated $253K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $299K sold.
- 3 institutional investors held Global X Solar ETF (RAYS) as of Q2 2023, down from 6 in Q1 2023.
- Funds reported $260K of Global X Solar ETF stock for Q2 2023, down 57% quarter-over-quarter.
- 1 fund opened new Global X Solar ETF positions in Q2 2023 and 4 closed out, a net change of -3 holders.
- The largest Global X Solar ETF buyer in Q2 2023 was Howe & Rusling, an estimated $253K added.
- The largest Global X Solar ETF seller in Q2 2023 was Susquehanna International Group, an estimated $299K sold.
Based on aggregated 13F filings for Q2 2023.