First Trust S-Network Streaming and Gaming ETF
BNGE
9 hedge funds and large institutions have $4.57M invested in First Trust S-Network Streaming and Gaming ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 0 closing their positions.
29% more funds holding
Funds holding: 7 → 9 (+2)
7.73% less ownership
Funds ownership: 68.54% → 60.81% (-7.7%)
17% less capital invested
Capital invested by funds: $5.52M → $4.57M (-$957K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$36K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$6.93K |
| 3 |
Morgan Stanley
New York
|
+$39 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$491K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$97.7K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$44.7K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.05K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $1.79M | -$44.7K | -1,159 | -2% |
|
|
BEI
2
Benjamin Edwards Inc
Clayton,
Missouri
| $1.42M | -$491K | -12,752 | -25% |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $404K | +$6.93K | +180 | +2% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $339K | -$5.05K | -131 | -1% |
|
|
5
Citadel Advisors
Miami,
Florida
| $338K | -$97.7K | -2,537 | -22% |
|
|
SPC
6
Sigma Planning Corp
Ann Arbor,
Michigan
| $225K | – | – | – |
|
|
IAIM
7
International Assets Investment Management
Orlando,
Florida
| $35.1K | +$36K | +935 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $11.3K | – | – | – |
|
|
9
Morgan Stanley
New York
| $43 | +$39 | +1 | New |
|
BNGE Hedge Fund Activity: Q4 2025 in Review
9 of the 8,243 institutional investors tracked by Wall St. Rank reported a position in First Trust S-Network Streaming and Gaming ETF (BNGE) for Q4 2025, worth a combined $4.57M — down 17% from $5.52M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BNGE positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was International Assets Investment Management, opening a new position worth an estimated $36K. The largest seller was Benjamin Edwards Inc, cutting an estimated $491K.
- 9 institutional investors held First Trust S-Network Streaming and Gaming ETF (BNGE) as of Q4 2025, up from 7 in Q3 2025.
- Funds reported $4.57M of First Trust S-Network Streaming and Gaming ETF stock for Q4 2025, down 17% quarter-over-quarter.
- 2 funds opened new First Trust S-Network Streaming and Gaming ETF positions in Q4 2025 and 0 closed out, a net change of +2 holders.
- The largest First Trust S-Network Streaming and Gaming ETF buyer in Q4 2025 was International Assets Investment Management, an estimated $36K added.
- The largest First Trust S-Network Streaming and Gaming ETF seller in Q4 2025 was Benjamin Edwards Inc, an estimated $491K sold.
Based on aggregated 13F filings for Q4 2025.