First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
32 hedge funds and large institutions have $108M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
39% more funds holding
Funds holding: 23 → 32 (+9)
3.68% less ownership
Funds ownership: 100.61% → 96.94% (-3.7%)
18% less capital invested
Capital invested by funds: $132M → $108M (-$23.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HGWM
Harvest Group Wealth Management
Waltham,
Massachusetts
|
+$9.67M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.36M |
| 3 |
Morgan Stanley
New York
|
+$3.08M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$2.36M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$40M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.5M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.5M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.19M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$544K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $74.9K | +$25.9K | +1,166 | +53% |
|
27
UBS Group
Zurich,
Switzerland
| $64K | +$63.6K | +2,860 | New |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $25K | +$6.12K | +275 | +33% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $14K | +$14K | +627 | New |
|
|
HIA
30
Harbor Investment Advisory
Lutherville,
Maryland
| $9K | +$8.9K | +400 | New |
|
|
PVH
31
Psagot Value Holdings
Tel Aviv,
Israel
| $3K | +$2.78K | +125 | New |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$1.5M | -67,364 | Closed |
|
|
PAG
33
Private Advisory Group
Redmond,
Washington
| – | -$1.19M | -51,962 | Closed |
|
|
CCA
34
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$456K | -20,005 | Closed |
|
|
BRWM
35
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$292K | -12,786 | Closed |
|
DVOL Hedge Fund Activity: Q4 2019 in Review
32 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q4 2019, worth a combined $108M — down 18% from $132M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DVOL positions and 4 closed out — a net gain of 9 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Harvest Group Wealth Management, opening a new position worth an estimated $9.67M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $40M.
- 32 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q4 2019, up from 23 in Q3 2019.
- Funds reported $108M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q4 2019, down 18% quarter-over-quarter.
- 13 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q4 2019 and 4 closed out, a net change of +9 holders.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q4 2019 was Harvest Group Wealth Management, an estimated $9.67M added.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q4 2019 was Raymond James Financial Services Advisors, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2019.