First Trust Dorsey Wright Momentum & Value ETF
DVLU
11 hedge funds and large institutions have $11M invested in First Trust Dorsey Wright Momentum & Value ETF in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
2.18% more ownership
Funds ownership: 84.92% → 87.1% (+2.2%)
15% less funds holding
Funds holding: 13 → 11 (-2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
43% less capital invested
Capital invested by funds: $19.1M → $11M (-$8.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$563K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$361K |
| 3 |
Jane Street
New York
|
+$185K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$161K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$8.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.57M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$262K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$249K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$237K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$41.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
MML Investors Services
Springfield,
Massachusetts
| $8.9M | -$262K | -15,247 | -2% |
|
|
2
Citadel Advisors
Miami,
Florida
| $790K | +$563K | +32,786 | +99% |
|
|
PAG
3
Private Advisory Group
Redmond,
Washington
| $331K | +$8.06K | +469 | +2% |
|
|
4
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $297K | +$161K | +9,347 | +61% |
|
5
Goldman Sachs
New York
| $268K | -$30.9K | -1,800 | -7% |
|
|
CA
6
Cetera Advisors
Denver,
Colorado
| $252K | +$361K | +21,000 | New |
|
|
7
Jane Street
New York
| $129K | +$185K | +10,759 | New |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | -$41.8K | -2,430 | -69% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $6K | -$1.57M | -91,221 | -99% |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| $3K | – | – | – |
|
|
SPC
11
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$249K | -12,714 | Closed |
|
|
PFS
12
Prospera Financial Services
Dallas,
Texas
| – | -$237K | -12,093 | Closed |
|
13
UBS Group
Zurich,
Switzerland
| – | -$3K | -158 | Closed |
|
DVLU Hedge Fund Activity: Q1 2020 in Review
11 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Value ETF (DVLU) for Q1 2020, worth a combined $11M — down 43% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DVLU and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, adding an estimated $563K. The largest seller was Bank of America, cutting an estimated $1.57M.
- 11 institutional investors held First Trust Dorsey Wright Momentum & Value ETF (DVLU) as of Q1 2020, down from 13 in Q4 2019.
- Funds reported $11M of First Trust Dorsey Wright Momentum & Value ETF stock for Q1 2020, down 43% quarter-over-quarter.
- 2 funds opened new First Trust Dorsey Wright Momentum & Value ETF positions in Q1 2020 and 3 closed out, a net change of -1 holder.
- The largest First Trust Dorsey Wright Momentum & Value ETF buyer in Q1 2020 was Citadel Advisors, an estimated $563K added.
- The largest First Trust Dorsey Wright Momentum & Value ETF seller in Q1 2020 was Bank of America, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2020.