AXS Cannabis ETF
THCX
THCX was delisted on the 21st of February, 2024.
21 hedge funds and large institutions have $453K invested in AXS Cannabis ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 7 closing their positions.
22% less funds holding
Funds holding: 27 → 21 (-6)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
56% less capital invested
Capital invested by funds: $1.03M → $453K (-$573K)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$240K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.43K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.17K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$1.82K |
| 5 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
+$519 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$392K |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
-$170K |
| 3 |
3LCM
3D/L Capital Management
Hartford,
Connecticut
|
-$115K |
| 4 |
AIA
Alera Investment Advisors
Deerfield,
Illinois
|
-$63.3K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$28.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$797 | -43 | -84% |
|
|
VNA
27
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$1K | – | – |
|
28
Simplex Trading
Chicago,
Illinois
| – | +$93 | +5 | +20% |
|
|
CG
29
Cutler Group
San Francisco,
California
| – | +$185 | +10 | New |
|
THCX Hedge Fund Activity: Q3 2023 in Review
21 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AXS Cannabis ETF (THCX) for Q3 2023, worth a combined $453K — down 56% from $1.03M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of THCX and 3 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Old Mission Capital, adding an estimated $240K. The largest seller was Jane Street, exiting entirely with an estimated $392K sold.
- 21 institutional investors held AXS Cannabis ETF (THCX) as of Q3 2023, down from 27 in Q2 2023.
- Funds reported $453K of AXS Cannabis ETF stock for Q3 2023, down 56% quarter-over-quarter.
- 3 funds opened new AXS Cannabis ETF positions in Q3 2023 and 7 closed out, a net change of -4 holders.
- The largest AXS Cannabis ETF buyer in Q3 2023 was Old Mission Capital, an estimated $240K added.
- The largest AXS Cannabis ETF seller in Q3 2023 was Jane Street, an estimated $392K sold.
Based on aggregated 13F filings for Q3 2023.