First Trust Active Factor Large Cap ETF
AFLG
94 hedge funds and large institutions have $306M invested in First Trust Active Factor Large Cap ETF in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 25 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
92% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 25
24% more capital invested
Capital invested by funds: $246M → $306M (+$59.4M)
12% more funds holding
Funds holding: 84 → 94 (+10)
4.14% less ownership
Funds ownership: 77.07% → 72.93% (-4.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.8M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$9.6M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$5.9M |
| 4 |
MF
Manchester Financial
Westlake Village,
California
|
+$4.2M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.63M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.99M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$1.17M |
| 4 |
TSMHT
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
|
-$644K |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$482K |
AFLG Hedge Fund Activity: Q3 2025 in Review
94 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in First Trust Active Factor Large Cap ETF (AFLG) for Q3 2025, worth a combined $306M — up 24% from $246M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new AFLG positions and 7 closed out — a net gain of 10 holders — while 48 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $16.8M. The largest seller was Jane Street, exiting entirely with an estimated $3.63M sold.
- 94 institutional investors held First Trust Active Factor Large Cap ETF (AFLG) as of Q3 2025, up from 84 in Q2 2025.
- Funds reported $306M of First Trust Active Factor Large Cap ETF stock for Q3 2025, up 24% quarter-over-quarter.
- 17 funds opened new First Trust Active Factor Large Cap ETF positions in Q3 2025 and 7 closed out, a net change of +10 holders.
- The largest First Trust Active Factor Large Cap ETF buyer in Q3 2025 was LPL Financial, an estimated $16.8M added.
- The largest First Trust Active Factor Large Cap ETF seller in Q3 2025 was Jane Street, an estimated $3.63M sold.
Based on aggregated 13F filings for Q3 2025.