First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF
CARZ
30 hedge funds and large institutions have $22.5M invested in First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 4 closing their positions.
79% more capital invested
Capital invested by funds: $12.6M → $22.5M (+$9.88M)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more funds holding
Funds holding: 27 → 30 (+3)
9.57% more ownership
Funds ownership: 38.49% → 48.06% (+9.6%)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWM
Horizon Wealth Management
La Grange,
Illinois
|
+$4.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.61M |
| 3 |
GS
GTS Securities
New York
|
+$2.54M |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$2.23M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$3.06M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$611K |
| 3 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$322K |
| 4 |
LPL Financial
San Diego,
California
|
-$211K |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
26
Private Trust Company
Cleveland,
Ohio
| $3.9K | – | – | – |
|
|
AWM
27
AE Wealth Management
Topeka,
Kansas
| $3.04K | -$1.83K | -24 | -38% |
|
28
Wells Fargo
San Francisco,
California
| $234 | – | – | – |
|
|
DFA
29
DHJJ Financial Advisors
Naperville,
Illinois
| $156 | – | – | – |
|
|
NA
30
NewEdge Advisors
New Orleans,
Louisiana
| $78 | – | – | – |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$3.06M | -42,060 | Closed |
|
|
QAM
32
Q3 Asset Management
Birmingham,
Michigan
| – | -$322K | -4,436 | Closed |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| – | -$157K | -2,154 | Closed |
|
|
NS
34
NBC Securities
Birmingham,
Alabama
| – | -$7.37K | -101 | Closed |
|
CARZ Hedge Fund Activity: Q4 2025 in Review
30 of the 8,229 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF (CARZ) for Q4 2025, worth a combined $22.5M — up 79% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CARZ positions and 4 closed out — a net gain of 3 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Horizon Wealth Management, opening a new position worth an estimated $4.12M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $3.06M sold.
- 30 institutional investors held First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF (CARZ) as of Q4 2025, up from 27 in Q3 2025.
- Funds reported $22.5M of First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF stock for Q4 2025, up 79% quarter-over-quarter.
- 7 funds opened new First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF positions in Q4 2025 and 4 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF buyer in Q4 2025 was Horizon Wealth Management, an estimated $4.12M added.
- The largest First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF seller in Q4 2025 was Flow Traders U.S., an estimated $3.06M sold.
Based on aggregated 13F filings for Q4 2025.