First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
38 hedge funds and large institutions have $53.8M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2026 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 6 closing their positions.
1.38% more ownership
Funds ownership: 78.32% → 79.7% (+1.4%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
5% less funds holding
Funds holding: 40 → 38 (-2)
15% less capital invested
Capital invested by funds: $63.1M → $53.8M (-$9.32M)
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$4.06M |
| 2 |
Goldman Sachs
New York
|
+$2.58M |
| 3 |
JP Morgan Chase
New York
|
+$787K |
| 4 |
Two Sigma Investments
New York
|
+$452K |
| 5 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
+$388K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.48M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.44M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.28M |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$2.12M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.34M |
DVOL Hedge Fund Activity: Q1 2026 in Review
38 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q1 2026, worth a combined $53.8M — down 15% from $63.1M a quarter earlier.
Fund positioning in DVOL was balanced in Q1 2026: 6 funds opened new positions, 6 closed out, 8 added to existing stakes and 16 trimmed.
The largest buyer was Csenge Advisory Group, adding an estimated $4.06M. The largest seller was Morgan Stanley, cutting an estimated $5.48M.
- 38 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q1 2026, down from 40 in Q4 2025.
- Funds reported $53.8M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q1 2026, down 15% quarter-over-quarter.
- 6 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q1 2026 and 6 closed out, a net change of 0 holders.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q1 2026 was Csenge Advisory Group, an estimated $4.06M added.
- The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q1 2026 was Morgan Stanley, an estimated $5.48M sold.
Based on aggregated 13F filings for Q1 2026.