First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
33 hedge funds and large institutions have $30.7M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.
2.37% more ownership
Funds ownership: 69.42% → 71.79% (+2.4%)
8% less funds holding
Funds holding: 36 → 33 (-3)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
38% less capital invested
Capital invested by funds: $49.3M → $30.7M (-$18.6M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$1.53M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$569K |
| 3 |
Goldman Sachs
New York
|
+$307K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$267K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$68.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.42M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.33M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$431K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$115K |
| 5 |
HGWM
Harvest Group Wealth Management
Waltham,
Massachusetts
|
-$96.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $25.8K | -$96.7K | -3,752 | -79% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $24K | +$4.97K | +193 | +27% |
|
|
IGWM
28
ICA Group Wealth Management
Denver,
Colorado
| $19.2K | – | – | – |
|
|
29
Commonwealth Equity Services
Waltham,
Massachusetts
| $14.3K | +$68.6K | +2,662 | +0.5% |
|
|
AAS
30
Ameritas Advisory Services
Lincoln,
Nebraska
| $10.2K | +$10.3K | +400 | New |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $3.19K | – | – | – |
|
|
RFA
32
Register Financial Advisors
Atlanta,
Georgia
| $2.56K | – | – | – |
|
33
Fidelity Investments
Boston,
Massachusetts
| $1.84K | -$438 | -17 | -19% |
|
|
NA
34
NewEdge Advisors
New Orleans,
Louisiana
| – | -$77.2K | -2,935 | Closed |
|
|
DWP
35
Destiny Wealth Partners
Tavares,
Florida
| – | -$40.6K | -1,544 | Closed |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| – | -$3K | -137 | Closed |
|
|
MCC
37
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$3.05K | -116 | Closed |
|
DVOL Hedge Fund Activity: Q1 2023 in Review
33 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q1 2023, worth a combined $30.7M — down 38% from $49.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DVOL and 1 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Private Advisory Group, adding an estimated $1.53M. The largest seller was Morgan Stanley, cutting an estimated $3.42M.
- 33 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $30.7M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q1 2023, down 38% quarter-over-quarter.
- 1 fund opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q1 2023 was Private Advisory Group, an estimated $1.53M added.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q1 2023 was Morgan Stanley, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2023.