Hennessy Sustainable ETF
STNC
24 hedge funds and large institutions have $35.2M invested in Hennessy Sustainable ETF in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
100% more funds holding
Funds holding: 12 → 24 (+12)
47% more capital invested
Capital invested by funds: $24M → $35.2M (+$11.3M)
11.1% less ownership
Funds ownership: 40.19% → 29.08% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EL
Essex LLC
Deer Park,
Illinois
|
+$4.1M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.96M |
| 3 |
LPL Financial
San Diego,
California
|
+$882K |
| 4 |
Jane Street
New York
|
+$632K |
| 5 |
CMA
Cedar Mountain Advisors
Lake Oswego,
Oregon
|
+$529K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$581K |
| 2 |
RSWM
Robertson Stephens Wealth Management
San Francisco,
California
|
-$504K |
| 3 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
-$2.84K |
| 4 |
BlackRock
New York
|
-$27 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFI
26
Key Financial Inc
West Chester,
Pennsylvania
| – | -$2.84K | -101 | Closed |
|
|
27
BlackRock
New York
| – | -$27 | -1 | Closed |
|
STNC Hedge Fund Activity: Q1 2024 in Review
24 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Hennessy Sustainable ETF (STNC) for Q1 2024, worth a combined $35.2M — up 47% from $24M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new STNC positions and 3 closed out — a net gain of 12 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Essex LLC, opening a new position worth an estimated $4.1M. The largest seller was Cerity Partners, exiting entirely with an estimated $581K sold.
- 24 institutional investors held Hennessy Sustainable ETF (STNC) as of Q1 2024, up from 12 in Q4 2023.
- Funds reported $35.2M of Hennessy Sustainable ETF stock for Q1 2024, up 47% quarter-over-quarter.
- 15 funds opened new Hennessy Sustainable ETF positions in Q1 2024 and 3 closed out, a net change of +12 holders.
- The largest Hennessy Sustainable ETF buyer in Q1 2024 was Essex LLC, an estimated $4.1M added.
- The largest Hennessy Sustainable ETF seller in Q1 2024 was Cerity Partners, an estimated $581K sold.
Based on aggregated 13F filings for Q1 2024.