First Trust BICK Index Fund
BICK
BICK was delisted on the 14th of July, 2023.
25 hedge funds and large institutions have $66.2M invested in First Trust BICK Index Fund in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
11% less funds holding
Funds holding: 28 → 25 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
47% less capital invested
Capital invested by funds: $126M → $66.2M (-$59.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.13M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.69M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.69M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$30.7M |
| 2 |
Morgan Stanley
New York
|
-$5.42M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$2.61M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$858K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$794K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2.61M | -89,064 | Closed |
|
|
27
HighTower Advisors
Chicago,
Illinois
| – | -$858K | -29,272 | Closed |
|
28
LPL Financial
San Diego,
California
| – | -$335K | -11,450 | Closed |
|
|
FFS
29
Founders Financial Securities
Towson,
Maryland
| – | -$295K | -10,079 | Closed |
|
|
HI
30
Horizon Investments
Charlotte,
North Carolina
| – | -$295K | -10,079 | Closed |
|
|
SG
31
StoneX Group
New York
| – | -$217K | -7,402 | Closed |
|
BICK Hedge Fund Activity: Q1 2020 in Review
25 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust BICK Index Fund (BICK) for Q1 2020, worth a combined $66.2M — down 47% from $126M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BICK and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was Jane Street, adding an estimated $5.2M. The largest seller was First Trust Advisors, cutting an estimated $30.7M.
- 25 institutional investors held First Trust BICK Index Fund (BICK) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $66.2M of First Trust BICK Index Fund stock for Q1 2020, down 47% quarter-over-quarter.
- 5 funds opened new First Trust BICK Index Fund positions in Q1 2020 and 6 closed out, a net change of -1 holder.
- The largest First Trust BICK Index Fund buyer in Q1 2020 was Jane Street, an estimated $5.2M added.
- The largest First Trust BICK Index Fund seller in Q1 2020 was First Trust Advisors, an estimated $30.7M sold.
Based on aggregated 13F filings for Q1 2020.