SGI US Large Cap Core ETF
SGLC
7 hedge funds and large institutions have $88.2M invested in SGI US Large Cap Core ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more funds holding
Funds holding: 6 → 7 (+1)
18.18% less ownership
Funds ownership: 123.79% → 105.61% (-18%)
30% less capital invested
Capital invested by funds: $126M → $88.2M (-$37.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Betterment LLC
New York
|
+$647K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$621K |
| 3 |
Goldman Sachs
New York
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGI
Summit Global Investments
Bountiful,
Utah
|
-$29.8M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$18.8M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.36M |
| 4 |
GS
GTS Securities
New York
|
-$634K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$33.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SGI
1
Summit Global Investments
Bountiful,
Utah
| $83.8M | -$29.8M | -948,941 | -27% |
|
|
2
LPL Financial
San Diego,
California
| $2.47M | -$2.36M | -75,075 | -50% |
|
|
3
Betterment LLC
New York
| $685K | +$647K | +20,580 | New |
|
|
OMC
4
Old Mission Capital
Chicago,
Illinois
| $657K | +$621K | +19,749 | New |
|
|
5
Goldman Sachs
New York
| $299K | +$282K | +8,980 | New |
|
|
TFA
6
Transamerica Financial Advisors
St. Petersburg,
Florida
| $291K | -$18.8M | -597,238 | -99% |
|
|
7
UBS Group
Zurich,
Switzerland
| $36.6K | -$33.8K | -1,075 | -49% |
|
|
GS
8
GTS Securities
New York
| – | -$634K | -21,388 | Closed |
|
|
TAM
9
Tucker Asset Management
Littleton,
Colorado
| – | -$23.6K | -796 | Closed |
|
SGLC Hedge Fund Activity: Q1 2024 in Review
7 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in SGI US Large Cap Core ETF (SGLC) for Q1 2024, worth a combined $88.2M — down 30% from $126M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SGLC positions and 2 closed out — a net gain of 1 holder — while 0 added to existing stakes and 4 trimmed.
The largest buyer was Betterment LLC, opening a new position worth an estimated $647K. The largest seller was Summit Global Investments, cutting an estimated $29.8M.
- 7 institutional investors held SGI US Large Cap Core ETF (SGLC) as of Q1 2024, up from 6 in Q4 2023.
- Funds reported $88.2M of SGI US Large Cap Core ETF stock for Q1 2024, down 30% quarter-over-quarter.
- 3 funds opened new SGI US Large Cap Core ETF positions in Q1 2024 and 2 closed out, a net change of +1 holder.
- The largest SGI US Large Cap Core ETF buyer in Q1 2024 was Betterment LLC, an estimated $647K added.
- The largest SGI US Large Cap Core ETF seller in Q1 2024 was Summit Global Investments, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2024.