AXS Cannabis ETF
THCX
THCX was delisted on the 21st of February, 2024.
32 hedge funds and large institutions have $2.1M invested in AXS Cannabis ETF in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 6 closing their positions.
3,300% more call options, than puts
Call options by funds: $34K | Put options by funds: $1K
31% more capital invested
Capital invested by funds: $1.61M → $2.1M (+$493K)
14% less funds holding
Funds holding: 37 → 32 (-5)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$538K |
| 2 |
Jane Street
New York
|
+$193K |
| 3 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$59.6K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$51.8K |
| 5 |
3LCM
3D/L Capital Management
Hartford,
Connecticut
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$32K |
| 2 |
AWM
Alterna Wealth Management
Houston,
Texas
|
-$28K |
| 3 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$28K |
| 4 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
-$17.9K |
| 5 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
-$6.02K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $701 | – | – | – |
|
|
CFGS
27
Concourse Financial Group Securities
Birmingham,
Alabama
| $669 | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $376 | +$30 | +1 | +7% |
|
|
CFD
29
Creative Financial Designs
Kokomo,
Indiana
| $363 | – | – | – |
|
|
BWL
30
Bogart Wealth LLC
Mclean,
Virginia
| $272 | – | – | – |
|
|
EI
31
Ellevest Inc
New York
| $13 | – | – | – |
|
|
32
Wolverine Trading
Chicago,
Illinois
| – | -$32K | -1,151 | Closed |
|
|
AWM
33
Alterna Wealth Management
Houston,
Texas
| – | -$28K | -1,000 | Closed |
|
|
PWM
34
Perigon Wealth Management
San Francisco,
California
| – | -$28K | -1,000 | Closed |
|
|
BWP
35
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$5K | -175 | Closed |
|
THCX Hedge Fund Activity: Q4 2022 in Review
32 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in AXS Cannabis ETF (THCX) for Q4 2022, worth a combined $2.1M — up 31% from $1.61M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of THCX and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 5 added.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $538K. The largest seller was Wolverine Trading, exiting entirely with an estimated $32K sold.
- 32 institutional investors held AXS Cannabis ETF (THCX) as of Q4 2022, down from 37 in Q3 2022.
- Funds reported $2.1M of AXS Cannabis ETF stock for Q4 2022, up 31% quarter-over-quarter.
- 5 funds opened new AXS Cannabis ETF positions in Q4 2022 and 6 closed out, a net change of -1 holder.
- The largest AXS Cannabis ETF buyer in Q4 2022 was Old Mission Capital, an estimated $538K added.
- The largest AXS Cannabis ETF seller in Q4 2022 was Wolverine Trading, an estimated $32K sold.
Based on aggregated 13F filings for Q4 2022.