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First Trust Dorsey Wright Momentum & Low Volatility ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 3235 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (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

Holders
35
Holders Change
+3
Holders Change %
+9.38%
% of All Funds
0.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
10
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
1
Carson Wealth (CWM LLC)
Nebraska
$27.1M
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$14.5M +$14.2M +644,056 New
Bank of America
3
Bank of America
North Carolina
$10.9M -$562K -25,532 -5%
Morgan Stanley
4
Morgan Stanley
New York
$10.6M +$6.05M +274,841 +140%
HGWM
5
Harvest Group Wealth Management
Massachusetts
$9.23M -$200K -9,100 -2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$5.67M +$3.38M +153,514 +156%
RJA
7
Raymond James & Associates
Florida
$5.51M -$619K -28,095 -10%
DADC
8
D.A. Davidson & Co
Montana
$2.27M -$149K -6,786 -6%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$1.91M -$55.4K -2,518 -3%
UCFA
10
United Capital Financial Advisors
Texas
$1.66M -$49.2K -2,237 -3%
LPL Financial
11
LPL Financial
California
$1.2M +$296K +13,435 +34%
Stifel Financial
12
Stifel Financial
Missouri
$1.09M +$82.3K +3,737 +8%
MML Investors Services
13
MML Investors Services
Massachusetts
$1.08M -$13.6M -618,543 -93%
AWM
14
Affinity Wealth Management
Delaware
$916K +$885K +40,179 New
Goldman Sachs
15
Goldman Sachs
New York
$764K
RJFSA
16
Raymond James Financial Services Advisors
Florida
$685K +$16.6K +755 +3%
WCG
17
Weaver Consulting Group
California
$668K
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$570K +$558K +25,343 New
PAG
19
Private Advisory Group
Washington
$564K +$210K +9,534 +61%
PFS
20
Prospera Financial Services
Texas
$483K +$473K +21,484 New
FTUS
21
Flow Traders U.S.
New York
$392K +$383K +17,413 New
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$341K -$288K -13,085 -46%
GCA
23
Genesee Capital Advisors
New York
$333K +$1.36K +62 +0.4%
Citadel Advisors
24
Citadel Advisors
Florida
$203K -$117K -5,301 -37%
GWM
25
Geneos Wealth Management
Colorado
$108K

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.