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First Trust Dorsey Wright Momentum & Low Volatility ETF

23 hedge funds and large institutions have $132M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 1

125% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 4

95% more capital invested

Capital invested by funds: $67.5M → $132M (+$64.3M)

44% more funds holding

Funds holding: 1623 (+7)

40.25% less ownership

Funds ownership: 140.86%100.61% (-40%)

Holders
23
Holders Change
+7
Holders Change %
+43.75%
% of All Funds
0.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
9
Reduced
4
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$46.8M +$45.6M +2,050,939 New
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$27.1M
Bank of America
3
Bank of America
North Carolina
$16.7M +$2.4M +107,938 +17%
MML Investors Services
4
MML Investors Services
Massachusetts
$15.5M -$476K -21,405 -3%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$7.08M +$2.56M +114,903 +59%
RJA
6
Raymond James & Associates
Florida
$4.27M +$2M +89,636 +92%
MIFH
7
Migdal Insurance & Financial Holdings
Israel
$2.63M +$2.57M +115,330 New
UCFA
8
United Capital Financial Advisors
Texas
$2.1M +$2.05M +92,009 New
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$1.88M +$326K +14,647 +22%
AG
10
Advisor Group
Arizona
$1.66M +$1.6M +71,848 +7,142%
IA
11
IFP Advisors
Florida
$1.53M +$1.5M +67,364 New
PAG
12
Private Advisory Group
Washington
$1.19M +$402K +18,059 +53%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$833K -$881K -39,572 -52%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$772K +$753K +33,816 New
CCA
15
Clearwater Capital Advisors
Illinois
$456K +$445K +20,005 New
Stifel Financial
16
Stifel Financial
Missouri
$336K +$326K +14,655 New
WCG
17
Weaver Consulting Group
California
$316K +$16.2K +728 +5%
BRWM
18
B. Riley Wealth Management
Tennessee
$292K -$2.65K -119 -0.9%
Jane Street
19
Jane Street
New York
$226K -$518K -23,254 -70%
GWM
20
Geneos Wealth Management
Colorado
$84K +$60.1K +2,700 +270%
APA
21
American Portfolios Advisors
New York
$50.2K +$49K +2,200 New
ASN
22
Advisory Services Network
Georgia
$18K
Deutsche Bank
23
Deutsche Bank
Germany
-$775K -36,070 Closed
Wells Fargo
24
Wells Fargo
California
+$22 +1 +100%

DVOL Hedge Fund Activity: Q3 2019 in Review

23 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q3 2019, worth a combined $132M — up 95% from $67.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DVOL positions and 1 closed out — a net gain of 7 holders — while 9 added to existing stakes and 4 trimmed.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $45.6M. The largest seller was Susquehanna International Group, cutting an estimated $881K.

  • 23 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q3 2019, up from 16 in Q2 2019.
  • Funds reported $132M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q3 2019, up 95% quarter-over-quarter.
  • 8 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q3 2019 and 1 closed out, a net change of +7 holders.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q3 2019 was Raymond James Financial Services Advisors, an estimated $45.6M added.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q3 2019 was Susquehanna International Group, an estimated $881K sold.

Based on aggregated 13F filings for Q3 2019.