AXS Cannabis ETF
THCX
THCX was delisted on the 21st of February, 2024.
27 hedge funds and large institutions have $1.03M invested in AXS Cannabis ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 12 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
27% less funds holding
Funds holding: 37 → 27 (-10)
37% less capital invested
Capital invested by funds: $1.64M → $1.03M (-$609K)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$52.6K |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$32.1K |
| 3 |
Wealthfront Advisers
Palo Alto,
California
|
+$16.4K |
| 4 |
3LCM
3D/L Capital Management
Hartford,
Connecticut
|
+$6.33K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$494 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$293K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$34.1K |
| 3 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
-$29.5K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$25.3K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$22.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
26
NewEdge Advisors
New Orleans,
Louisiana
| $171 | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $39 | -$3.67K | -193 | -99% |
|
|
28
Simplex Trading
Chicago,
Illinois
| – | -$34.1K | -1,796 | -99% |
|
|
SWP
29
ShoreHaven Wealth Partners
Red Bank,
New Jersey
| – | -$29.5K | -1,372 | Closed |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$25.3K | -1,178 | Closed |
|
31
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$22 | -1,047 | Closed |
|
|
CAN
32
Cetera Advisor Networks
El Segundo,
California
| – | -$22.5K | -1,045 | Closed |
|
|
BAM
33
Belpointe Asset Management
Reno,
Nevada
| – | -$11.4K | -531 | Closed |
|
34
JP Morgan Chase
New York
| – | -$3.17K | -147 | Closed |
|
35
Wells Fargo
San Francisco,
California
| – | -$2.16K | -101 | Closed |
|
|
MAWA
36
Moss Adams Wealth Advisors
Seattle,
Washington
| – | -$1.26K | -59 | Closed |
|
|
EI
37
Ellevest Inc
New York
| – | -$11 | -1 | Closed |
|
THCX Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AXS Cannabis ETF (THCX) for Q2 2023, worth a combined $1.03M — down 37% from $1.64M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of THCX and 2 opened new positions — a net loss of 10 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Jane Street, adding an estimated $52.6K. The largest seller was Old Mission Capital, cutting an estimated $293K.
- 27 institutional investors held AXS Cannabis ETF (THCX) as of Q2 2023, down from 37 in Q1 2023.
- Funds reported $1.03M of AXS Cannabis ETF stock for Q2 2023, down 37% quarter-over-quarter.
- 2 funds opened new AXS Cannabis ETF positions in Q2 2023 and 12 closed out, a net change of -10 holders.
- The largest AXS Cannabis ETF buyer in Q2 2023 was Jane Street, an estimated $52.6K added.
- The largest AXS Cannabis ETF seller in Q2 2023 was Old Mission Capital, an estimated $293K sold.
Based on aggregated 13F filings for Q2 2023.