First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
26 hedge funds and large institutions have $85.4M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 9 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.45% less ownership
Funds ownership: 96.94% → 96.48% (-0.45%)
19% less funds holding
Funds holding: 32 → 26 (-6)
21% less capital invested
Capital invested by funds: $108M → $85.4M (-$23.1M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HGWM
Harvest Group Wealth Management
Waltham,
Massachusetts
|
+$1.94M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$717K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$668K |
| 4 |
Morgan Stanley
New York
|
+$473K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.73M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$2.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.66M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIA
26
Harbor Investment Advisory
Lutherville,
Maryland
| $7K | – | – | – |
|
|
SPC
27
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$2.03M | -91,199 | Closed |
|
|
28
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$1.12M | -50,446 | Closed |
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$268K | -12,026 | Closed |
|
|
AWM
30
Affinity Wealth Management
Wilmington,
Delaware
| – | -$266K | -11,968 | Closed |
|
|
PFA
31
Plotkin Financial Advisors
Chevy Chase,
Maryland
| – | -$234K | -10,508 | Closed |
|
32
Jane Street
New York
| – | -$210K | -9,447 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$64K | -2,860 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$14K | -627 | Closed |
|
|
PVH
35
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$3K | -125 | Closed |
|
DVOL Hedge Fund Activity: Q1 2020 in Review
26 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q1 2020, worth a combined $85.4M — down 21% from $108M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of DVOL and 4 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Harvest Group Wealth Management, adding an estimated $1.94M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.7M.
- 26 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q1 2020, down from 32 in Q4 2019.
- Funds reported $85.4M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q1 2020, down 21% quarter-over-quarter.
- 4 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q1 2020 and 9 closed out, a net change of -5 holders.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q1 2020 was Harvest Group Wealth Management, an estimated $1.94M added.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $4.7M sold.
Based on aggregated 13F filings for Q1 2020.