Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:21Shares Wins the February Per Fund Race Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 21, 2024

21Shares Wins the February Per Fund Race

Reported by Neil Anderson, Managing Editor

A cryptocurrency-focused firm took the inflows lead proportionately last month, according to the latest data from the folks at a publicly traded investment research firm.

Ophelia Snyder
21Shares
Co-Founder, President
This article draws from Morningstar Direct data on February 2024 open-end mutual fund and ETF flows, excluding money market funds and funds of funds. (Other asset management products, like CITs and SMAs, are also not included.)

21Shares pulled ahead last month, thanks to an estimated $158 million per fund in net February 2024 inflows, up month-over-month from $107 million per fund in January 2024. Other big February 2024 inflows winners included: Dodge & Cox, $156 million per fund (down M/M from $180 million per fund, up year-over-year from $80 million per fund in February 2023); Volatility Shares, $86 million per fund (up M/M from $49 million per fund); Bitwise, $83 million (down M/M from $105 million per fund, up Y/Y from less than $1 million per fund in net outflows); and Alpha Architect, $76 million per fund (up M/M from $30 million per fund, up Y/Y from $2 million per fund).

On the flip side, Edgewood took the outflows lead last month, thanks to an estimated $250 million per fund in net February 2024 outflows, up M/M from $62 million per fund in January 2024 and up Y/Y from $93 million per fund in February 2023. Other big February 2024 inflows winners included: Grayscale, $164 million per fund (down M/M from $348 million per fund, down Y/Y from zero net flows); Primecap, $111 million (down M/M from $117 million per fund, up Y/Y from $69 million per fund); Akre, $41 million per fund (down M/M from $112 million per fund, up Y/Y from $30 million per fund); and Ark, $41 million per fund (down M/M from $114 million per) fund, up Y/Y from $7 million per fund.

In February 2024, the whole long-term mutual fund and ETF industry brought in $1.484 million per fund in net inflows. That's up M/M from $847,000 per fund in January 2024 and up Y/Y from $77,000 per fund in February 2023 outflows. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22
  2. IDC webinar - SEC Enforcement Trends: What Fund Directors Should Know, January 23
  3. ICI webinar - Legal and Compliance Career Opportunities in the Asset Management Industry, January 24
  4. MFDF 2025 Directors' Institute, Jan 27-29
  5. FSI OneVoice 2025, Jan 27-29
  6. IMEA webinar - 2025 Outlook, January 28
  7. Nicsa webinar - An Intro to Irish and Luxembourg Investment Platforms for US Asset Managers, January 29
  8. WE South - Dallas | Texas Stock Exchange, Politics, & Product Development, January 30
  9. 2025 ICI Innovate, Feb 3-5
  10. Nicsa webinar - AI In Operations: Boosting Productivity for Wealth & Asset Management Firms, February 5
  11. MFDF In Focus: Understanding Distribution - What the Data Can Tell You, February 6
  12. MFDF Director Discussion Series - Open Forum, February 10
  13. MFDF Director Discussion Series - Open Forum, February 11
  14. MMI Darden-in-Residence II, Feb 24-6
  15. 2025 MMI RIA Forum, February 27
  16. IDC Core Responsibilities of Fund Directors, February 27
  17. Citywire Scottsdale CIO Summit 2025, Feb 27-28
  18. Expect Miracles In Manhattan 2025, February 27
  19. T3 Technology Conference 2025, Mar 3-6
  20. IMEA Distribution Intelligence Summit, Mar 4-5
  21. Nicsa 2025 Strategic Leadership Forum, Mar 5-7
  22. Citywire Pro Buyer New York Due Diligence Retreat 2025, Mar 6-7
  23. MFDF 2025 Fund Governance & Regulatory Insights Conference, Mar 6-7
  24. MFDF 15(c) White Paper Webinar Series: Part 3 - Gartenberg Factors Analysis and Challenges, March 12
  25. ICI Investment Management Conference, Mar 16-19
  26. 2025 MMI Summit, Mar 27-28




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use