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First Trust Active Factor Large Cap ETF

84 hedge funds and large institutions have $246M invested in First Trust Active Factor Large Cap ETF in 2025 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 5

139% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 18

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

54% more capital invested

Capital invested by funds: $160M → $246M (+$86M)

20% more funds holding

Funds holding: 7084 (+14)

2.89% less ownership

Funds ownership: 79.96%77.07% (-2.9%)

Holders
84
Holders Change
+14
Holders Change %
+20%
% of All Funds
1.11%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
20
Increased
43
Reduced
18
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$58.8M +$23.3M +684,529 +73%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$26.3M +$1.09M +32,157 +5%
MF
3
Manchester Financial
California
$14.3M +$6.43M +188,987 +93%
Stifel Financial
4
Stifel Financial
Missouri
$13.4M -$252K -7,393 -2%
Cetera Investment Advisers
5
Cetera Investment Advisers
Illinois
$11M +$3M +88,100 +41%
AssetMark Inc
6
AssetMark Inc
California
$10.3M +$1.93M +56,723 +25%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$8.44M +$3.41M +100,264 +76%
GRP
8
Global Retirement Partners
California
$7.07M +$6.63M +194,757 New
KPWS
9
Kestra Private Wealth Services
Texas
$5.39M +$390K +11,465 +8%
GIA
10
Gladstone Institutional Advisory
Florida
$4.95M +$4.64M +136,338 New
SPC
11
Sigma Planning Corp
Michigan
$4.86M +$4.17M +122,477 +1,084%
KAS
12
Kestra Advisory Services
Texas
$4.27M +$3.11M +91,330 +347%
Jane Street
13
Jane Street
New York
$3.63M +$3.4M +99,895 New
Osaic Holdings
14
Osaic Holdings
Arizona
$3.13M +$606K +17,800 +26%
BEI
15
Benjamin Edwards Inc
Missouri
$2.96M +$482K +14,170 +21%
PFS
16
Prospera Financial Services
Texas
$2.95M -$22K -646 -0.8%
Bank of America
17
Bank of America
North Carolina
$2.95M +$2.76M +81,121 New
Bank of New York Mellon
18
Bank of New York Mellon
New York
$2.79M +$11.3K +331 +0.4%
AWM
19
AE Wealth Management
Kansas
$2.75M -$601K -17,669 -19%
IWM
20
Iams Wealth Management
Nebraska
$2.66M -$304K -8,928 -11%
DADC
21
D.A. Davidson & Co
Montana
$2.48M -$6.43K -189 -0.3%
IA
22
IFP Advisors
Florida
$2.4M +$568K +16,681 +34%
AI
23
Atria Investments
North Carolina
$2.38M +$156K +4,573 +7%
Truist Financial
24
Truist Financial
North Carolina
$2.13M +$668K +19,611 +50%
NA
25
NewEdge Advisors
Louisiana
$2.13M +$995K +29,243 +99%

AFLG Hedge Fund Activity: Q2 2025 in Review

84 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Active Factor Large Cap ETF (AFLG) for Q2 2025, worth a combined $246M — up 54% from $160M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new AFLG positions and 5 closed out — a net gain of 15 holders — while 43 added to existing stakes and 18 trimmed.

The largest buyer was LPL Financial, adding an estimated $23.3M. The largest seller was Susquehanna International Group, cutting an estimated $1.46M.

  • 84 institutional investors held First Trust Active Factor Large Cap ETF (AFLG) as of Q2 2025, up from 70 in Q1 2025.
  • Funds reported $246M of First Trust Active Factor Large Cap ETF stock for Q2 2025, up 54% quarter-over-quarter.
  • 20 funds opened new First Trust Active Factor Large Cap ETF positions in Q2 2025 and 5 closed out, a net change of +15 holders.
  • The largest First Trust Active Factor Large Cap ETF buyer in Q2 2025 was LPL Financial, an estimated $23.3M added.
  • The largest First Trust Active Factor Large Cap ETF seller in Q2 2025 was Susquehanna International Group, an estimated $1.46M sold.

Based on aggregated 13F filings for Q2 2025.