First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
26 hedge funds and large institutions have $37.3M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 15 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
7.2% more ownership
Funds ownership: 73.09% → 80.29% (+7.2%)
4% more funds holding
Funds holding: 25 → 26 (+1)
11% less capital invested
Capital invested by funds: $42M → $37.3M (-$4.65M)
87% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.28M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$377K |
| 3 |
Goldman Sachs
New York
|
+$235K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$28.8K |
| 5 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
+$19.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.14M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$3.98M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$853K |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$374K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $34 | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$853K | -34,183 | Closed |
|
|
AWM
28
Affinity Wealth Management
Wilmington,
Delaware
| – | -$374K | -14,992 | Closed |
|
|
SPC
29
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$210K | -8,397 | Closed |
|
|
RFA
30
Register Financial Advisors
Atlanta,
Georgia
| – | -$2.5K | -100 | Closed |
|
DVOL Hedge Fund Activity: Q4 2023 in Review
26 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q4 2023, worth a combined $37.3M — down 11% from $42M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DVOL positions and 4 closed out — a net gain of 1 holder — while 2 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.28M. The largest seller was Commonwealth Equity Services, cutting an estimated $5.14M.
- 26 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q4 2023, up from 25 in Q3 2023.
- Funds reported $37.3M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q4 2023, down 11% quarter-over-quarter.
- 5 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q4 2023 and 4 closed out, a net change of +1 holder.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q4 2023 was Morgan Stanley, an estimated $3.28M added.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q4 2023 was Commonwealth Equity Services, an estimated $5.14M sold.
Based on aggregated 13F filings for Q4 2023.