3EDGE Just Trimmed Its SEIE Stake by $31.3 Million -- Here's What Investors Should Know
Quick Take
3EDGE reduced its SEIE stake by $31.3 million, impacting investor sentiment.
Key Points
- 3EDGE's SEIE stake now significantly lower.
- Market reactions may follow this divestment.
- Investors should monitor further developments.
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~2 min readAndy Gould, The Motley Fool
4 min read
What happened
According to a recent SEC filing, 3EDGE Asset Management, LP, reduced its holdings in the SEI Select International Equity ETF (NASDAQ:SEIE) by 926,206 shares during the first quarter OF 2026. Using the quarter's average closing price, the estimated value of shares sold was approximately $31.3 million. As of March 31, 2026, the total position value had declined by $30.5 million from the prior quarter, reflecting both the shares sold and underlying price movement.
What else to know
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Following the filing, the SEIE stake represents 0.33% of 3EDGE's 13F reportable AUM -- a significant reduction from its prior quarter weighting.
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Top holdings after the filing:
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NYSE: BIL: $713.9 million (34.5% of AUM)
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NYSE: CLIP: $109.6 million (5.3% of AUM)
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NYSE: HGER: $103.8 million (5.0% of AUM)
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NYSE: SGOV: $102.0 million (4.9% of AUM)
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NYSE: IVV: $100.2 million (4.8% of AUM)
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As of May 15, 2026, shares of SEIE were trading at $34.46, up roughly 27% over the past year -- outperforming the S&P 500 by roughly four percentage points, and outperforming its Foreign Large Blend category benchmark by roughly 0.8 percentage points.
ETF overview
| Metric | Value |
|---|---|
| AUM | $1.0 billion |
| Expense ratio | 0.50% |
| Dividend yield | 2.35% |
| 1-year return (as of 5/15/26) | 27.42% |
ETF snapshot
The SEI Select International Equity ETF (SEIE) is a rules-based, exchange-traded fund that provides diversified exposure to equity markets outside the United States.
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Targeted toward institutional investors, financial advisors, and individual investors seeking international diversification beyond domestic equities.
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Uses a disciplined, rules-based security selection methodology.
What this transaction means for investors
At first glance, 3EDGE slashing its SEIE position by more than 80% might seem like a vote of no confidence in international equities. But that’s the thing about 13F filings -- we only know what was sold (and roughly when), but not why.
3EDGE Asset Management runs a broadly diversified portfolio -- with its largest holding being short-term Treasuries -- suggesting a defensive or risk-managed posture overall. But it's difficult to know exactly why the fund cut its SEIE stake so sharply, and an 80%-plus reduction is large enough that it could signal a genuine shift in conviction on international equities -- not just routine rebalancing.
That said, SEIE has gained roughly 27% over the past year, outpacing the S&P 500 by around four percentage points -- a strong run that alone could justify some profit-taking on the part of institutional holders managing to target weights.
— Originally published at finance.yahoo.com
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