Ideanomics: Hedge Fund Moves and ETF Holdings Revealed

2024-03-12

During the quarter ending on December 31, 2023, Ideanomics (IDEX) was closely monitored by 26 hedge funds, collectively holding 1,111,891 shares. Among these funds, 8 opted to buy shares while 7 decided to sell. Interestingly, 4 hedge funds doubled their positions on IDEX, showcasing a notable increase in confidence, while 1 hedge fund made a significant move by selling at least 90% of its IDEX shares.

In the realm of Exchange-Traded Funds (ETFs), 4 funds were holding a total of 462,964 shares of IDEX as of last week. Noteworthy institutions with substantial holdings in IDEX included Susquehanna International Group, LLP, Geode Capital Management, LLC, and Citadel Advisors LLC.

A striking observation was the divergent sentiments exhibited by institutions towards IDEX. Citadel Advisors LLC stood out as both one of the most pessimistic and one of the most optimistic institutions regarding IDEX, underscoring the varying perspectives prevalent in the market.

The data sourced from sharkstracker.com offers a data-driven perspective on market dynamics, shedding light on the activities of hedge funds and ETFs revolving around Ideanomics.