Global X Social Media ETF
SOCL
50 hedge funds and large institutions have $85.2M invested in Global X Social Media ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 8 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
4.71% more ownership
Funds ownership: 51.01% → 55.71% (+4.7%)
2% more capital invested
Capital invested by funds: $83.2M → $85.2M (+$2.02M)
6% less funds holding
Funds holding: 53 → 50 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$5.4M |
| 2 |
NS
NBC Securities
Birmingham,
Alabama
|
+$1.7M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.35M |
| 4 |
LPL Financial
San Diego,
California
|
+$255K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.86M |
| 2 |
Morgan Stanley
New York
|
-$2.38M |
| 3 |
Jane Street
New York
|
-$1.19M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$228K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$227K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Ameriprise
Minneapolis,
Minnesota
| – | -$228K | -5,658 | Closed |
|
|
CAN
52
Cetera Advisor Networks
El Segundo,
California
| – | -$227K | -5,624 | Closed |
|
53
AssetMark Inc
Concord,
California
| – | -$225K | -5,564 | Closed |
|
|
GI
54
Gradient Investments
Arden Hills,
Minnesota
| – | -$10.3K | -255 | Closed |
|
|
ASN
55
Advisory Services Network
Atlanta,
Georgia
| – | -$5.81K | -144 | Closed |
|
|
PCWA
56
Pacific Capital Wealth Advisors
Corona,
California
| – | -$4.04K | -100 | Closed |
|
|
NA
57
NewEdge Advisors
New Orleans,
Louisiana
| – | -$4K | -99 | Closed |
|
58
VanEck Associates
New York
| – | -$3K | -66 | Closed |
|
SOCL Hedge Fund Activity: Q1 2024 in Review
50 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global X Social Media ETF (SOCL) for Q1 2024, worth a combined $85.2M — up 2.4% from $83.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SOCL and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $5.4M. The largest seller was PNC Financial Services Group, cutting an estimated $2.86M.
- 50 institutional investors held Global X Social Media ETF (SOCL) as of Q1 2024, down from 53 in Q4 2023.
- Funds reported $85.2M of Global X Social Media ETF stock for Q1 2024, up 2.4% quarter-over-quarter.
- 5 funds opened new Global X Social Media ETF positions in Q1 2024 and 8 closed out, a net change of -3 holders.
- The largest Global X Social Media ETF buyer in Q1 2024 was Mirae Asset Global Investments, an estimated $5.4M added.
- The largest Global X Social Media ETF seller in Q1 2024 was PNC Financial Services Group, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2024.