AXS Cannabis ETF
THCX
THCX was delisted on the 21st of February, 2024.
49 hedge funds and large institutions have $8.63M invested in AXS Cannabis ETF in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
105% more call options, than puts
Call options by funds: $403K | Put options by funds: $197K
13% less funds holding
Funds holding: 56 → 49 (-7)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
27% less capital invested
Capital invested by funds: $11.8M → $8.63M (-$3.16M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$2.62M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$425K |
| 3 |
Wealthfront Advisers
Palo Alto,
California
|
+$394K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$114K |
| 5 |
3LCM
3D/L Capital Management
Hartford,
Connecticut
|
+$65.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HT
HAP Trading
New York
|
-$1.66M |
| 2 |
Jane Street
New York
|
-$838K |
| 3 |
CAC
Cowen and Company
New York
|
-$429K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$388K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
51
Belpointe Asset Management
Reno,
Nevada
| – | -$105K | -615 | Closed |
|
|
RDWM
52
Red Door Wealth Management
Memphis,
Tennessee
| – | -$17K | -100 | Closed |
|
|
HWA
53
HHM Wealth Advisors
Chattanooga,
Tennessee
| – | -$2K | -14 | Closed |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$735 | -5 | -71% |
|
|
CCC
55
Crescent Capital Consulting
New Orleans,
Louisiana
| – | -$147 | -1 | -33% |
|
THCX Hedge Fund Activity: Q3 2021 in Review
49 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in AXS Cannabis ETF (THCX) for Q3 2021, worth a combined $8.63M — down 27% from $11.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of THCX and 3 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was HRT Financial, adding an estimated $2.62M. The largest seller was HAP Trading, exiting entirely with an estimated $1.66M sold.
- 49 institutional investors held AXS Cannabis ETF (THCX) as of Q3 2021, down from 56 in Q2 2021.
- Funds reported $8.63M of AXS Cannabis ETF stock for Q3 2021, down 27% quarter-over-quarter.
- 3 funds opened new AXS Cannabis ETF positions in Q3 2021 and 8 closed out, a net change of -5 holders.
- The largest AXS Cannabis ETF buyer in Q3 2021 was HRT Financial, an estimated $2.62M added.
- The largest AXS Cannabis ETF seller in Q3 2021 was HAP Trading, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2021.