First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
35 hedge funds and large institutions have $99M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $85.8M → $99M (+$13.2M)
9% more funds holding
Funds holding: 32 → 35 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11.41% less ownership
Funds ownership: 86.97% → 75.56% (-11%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$14.2M |
| 2 |
Morgan Stanley
New York
|
+$6.05M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.38M |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$885K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$13.6M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$2.9M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$619K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$562K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$291K |
DVOL Hedge Fund Activity: Q3 2020 in Review
35 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q3 2020, worth a combined $99M — up 15% from $85.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DVOL positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $14.2M. The largest seller was MML Investors Services, cutting an estimated $13.6M.
- 35 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q3 2020, up from 32 in Q2 2020.
- Funds reported $99M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q3 2020, up 15% quarter-over-quarter.
- 8 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q3 2020 and 5 closed out, a net change of +3 holders.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q3 2020 was Commonwealth Equity Services, an estimated $14.2M added.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q3 2020 was MML Investors Services, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2020.