We are live on ! Find out more
AIRR icon

First Trust RBA American Industrial Renaissance ETF
AIRR

385 hedge funds and large institutions have $3.76B invested in First Trust RBA American Industrial Renaissance ETF in 2025 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 188 increasing their positions, 83 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

218% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 22

127% more repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 83

40% more funds holding in top 10

Funds holding in top 10: 10 → 14 (+4)

40% more capital invested

Capital invested by funds: $2.69B → $3.76B (+$1.07B)

11% more funds holding

Funds holding: 346 → 385 (+39)

1.1% less ownership

Funds ownership: 68.97% → 67.87% (-1.1%)

Holders
385
Holders Change
+39
Holders Change %
+11.27%
% of All Funds
5.05%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.18%
New
70
Increased
188
Reduced
83
Closed
22
Calls
$425K
Puts
–
Net Calls
+$425K
Net Calls Change
+$75K

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$92.7M
2
LPL Financial
LPL Financial
California
+$62.4M
3
Fidelity International
Fidelity International
Bermuda
+$45.2M
4
Morgan Stanley
Morgan Stanley
New York
+$42.8M
5
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$35.8M

Top Sellers

1
M1FG
Mach-1 Financial Group
Arkansas
-$4.61M
2
IA
IFG Advisory
Georgia
-$3.57M
3
PPW
Parcion Private Wealth
Washington
-$2.76M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.63M
5
FLPIM
F.L. Putnam Investment Management
Massachusetts
-$2.16M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$687M +$92.7M +1,036,237 +17%
Morgan Stanley
2
Morgan Stanley
New York
$455M +$42.8M +478,595 +11%
LPL Financial
3
LPL Financial
California
$394M +$62.4M +697,217 +21%
UBS Group
4
UBS Group
Switzerland
$185M +$12.6M +140,507 +8%
Raymond James Financial
5
Raymond James Financial
Florida
$176M +$15.2M +170,254 +10%
Wells Fargo
6
Wells Fargo
California
$170M +$34.1M +380,870 +28%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$97.8M +$13M +144,922 +17%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$95.3M +$7.87M +88,002 +10%
PPW
9
Parcion Private Wealth
Washington
$60.2M -$2.76M -30,888 -5%
Osaic Holdings
10
Osaic Holdings
Arizona
$59.1M +$9.92M +110,929 +21%
KAS
11
Kestra Advisory Services
Texas
$56.1M +$2.55M +28,548 +5%
Fidelity International
12
Fidelity International
Bermuda
$54.5M +$45.2M +504,994 +853%
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$43.5M +$35.8M +400,000 +800%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$42.8M +$1.18M +13,230 +3%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$42.1M +$16.7M +186,463 +75%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$37.6M +$9.72M +108,677 +39%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$36.5M +$8.49M +94,885 +34%
Stifel Financial
18
Stifel Financial
Missouri
$36.4M +$5.93M +66,285 +21%
HighTower Advisors
19
HighTower Advisors
Illinois
$29.8M +$1.86M +20,756 +7%
Mirae Asset Global Investments
20
Mirae Asset Global Investments
South Korea
$28M – – –
PAG
21
Private Advisor Group
New Jersey
$23.4M +$2.18M +24,402 +11%
MML Investors Services
22
MML Investors Services
Massachusetts
$23.3M +$1.41M +15,714 +7%
IWM
23
IHT Wealth Management
Illinois
$21.9M -$1.92M -21,413 -9%
PNAA
24
Pictet North America Advisors
Switzerland
$21.7M -$1.37M -15,328 -6%
HI
25
Harbour Investments
Wisconsin
$20M +$2.47M +27,622 +15%
1
2 3 4 5

AIRR Hedge Fund Activity: Q3 2025 in Review

385 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust RBA American Industrial Renaissance ETF (AIRR) for Q3 2025, worth a combined $3.76B — up 40% from $2.69B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new AIRR positions and 22 closed out — a net gain of 48 holders — while 188 added to existing stakes and 83 trimmed.

The largest buyer was Bank of America, adding an estimated $92.7M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $4.61M sold.

  • 385 institutional investors held First Trust RBA American Industrial Renaissance ETF (AIRR) as of Q3 2025, up from 346 in Q2 2025.
  • Funds reported $3.76B of First Trust RBA American Industrial Renaissance ETF stock for Q3 2025, up 40% quarter-over-quarter.
  • 70 funds opened new First Trust RBA American Industrial Renaissance ETF positions in Q3 2025 and 22 closed out, a net change of +48 holders.
  • The largest First Trust RBA American Industrial Renaissance ETF buyer in Q3 2025 was Bank of America, an estimated $92.7M added.
  • The largest First Trust RBA American Industrial Renaissance ETF seller in Q3 2025 was Mach-1 Financial Group, an estimated $4.61M sold.

Based on aggregated 13F filings for Q3 2025.