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First Trust Dorsey Wright Momentum & Low Volatility ETF

26 hedge funds and large institutions have $41.9M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more capital invested

Capital invested by funds: $30.7M → $41.9M (+$11.2M)

2.74% less ownership

Funds ownership: 71.79%69.05% (-2.7%)

21% less funds holding

Funds holding: 3326 (-7)

73% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 15

86% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 7

Holders
26
Holders Change
-7
Holders Change %
-21.21%
% of All Funds
0.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
4
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$11.4M -$3.29M -128,011 -23%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$10.1M +$3.54M +137,666 +56%
RJA
3
Raymond James & Associates
Florida
$4.37M -$180K -7,011 -4%
Morgan Stanley
4
Morgan Stanley
New York
$4.17M -$88.1K -3,425 -2%
PAG
5
Private Advisory Group
Washington
$3.33M +$678K +26,361 +26%
PFS
6
Prospera Financial Services
Texas
$1.63M -$121K -4,713 -7%
LPL Financial
7
LPL Financial
California
$941K -$8.62K -335 -0.9%
UCFA
8
United Capital Financial Advisors
Texas
$715K -$11.3K -438 -2%
FTUS
9
Flow Traders U.S.
New York
$700K +$682K +26,500 New
RJFSA
10
Raymond James Financial Services Advisors
Florida
$611K -$44.5K -1,730 -7%
Bank of America
11
Bank of America
North Carolina
$562K -$57.7K -2,244 -10%
Citadel Advisors
12
Citadel Advisors
Florida
$496K -$639K -24,853 -57%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$398K -$846K -32,894 -69%
AWM
14
Affinity Wealth Management
Delaware
$396K -$853K -33,156 -69%
MML Investors Services
15
MML Investors Services
Massachusetts
$371K -$22K -857 -6%
WCG
16
Weaver Consulting Group
California
$346K -$5.92K -230 -2%
Osaic Holdings
17
Osaic Holdings
Arizona
$323K -$12K -465 -4%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$293K +$85.3K +3,316 +43%
MIM
19
MTM Investment Management
South Carolina
$282K
SPC
20
Sigma Planning Corp
Michigan
$250K -$30.9K -1,200 -11%
UBS Group
21
UBS Group
Switzerland
$86.5K +$58.3K +2,267 +225%
Wells Fargo
22
Wells Fargo
California
$45.2K
FCA
23
FinTrust Capital Advisors
South Carolina
$43.9K
IGWM
24
ICA Group Wealth Management
Colorado
$19.8K
RFA
25
Register Financial Advisors
Georgia
$2.64K

DVOL Hedge Fund Activity: Q2 2023 in Review

26 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q2 2023, worth a combined $41.9M — up 37% from $30.7M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of DVOL and 1 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 4 added.

The largest buyer was Carson Wealth (CWM LLC), adding an estimated $3.54M. The largest seller was Commonwealth Equity Services, cutting an estimated $3.29M.

  • 26 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q2 2023, down from 33 in Q1 2023.
  • Funds reported $41.9M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q2 2023, up 37% quarter-over-quarter.
  • 1 fund opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q2 2023 and 7 closed out, a net change of -6 holders.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q2 2023 was Carson Wealth (CWM LLC), an estimated $3.54M added.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q2 2023 was Commonwealth Equity Services, an estimated $3.29M sold.

Based on aggregated 13F filings for Q2 2023.