We are live on ! Find out more
DVOL icon

First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL

25 hedge funds and large institutions have $42M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.04% more ownership

Funds ownership: 69.05% → 73.09% (+4%)

0% more capital invested

Capital invested by funds: $41.9M → $42M (+$27.1K)

4% less funds holding

Funds holding: 26 → 25 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

54% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 13

Holders
25
Holders Change
-1
Holders Change %
-3.85%
% of All Funds
0.4%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
6
Reduced
13
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
+$4.96M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$495K
3
Citadel Advisors
Citadel Advisors
Florida
+$383K
4
Comerica Bank
Comerica Bank
Texas
+$338K
5
LPL Financial
LPL Financial
California
+$271K

Top Sellers

1
PAG
Private Advisory Group
Washington
-$1.88M
2
PFS
Prospera Financial Services
Texas
-$676K
3
MML Investors Services
MML Investors Services
Massachusetts
-$371K
4
FTUS
Flow Traders U.S.
New York
-$371K
5
Bank of America
Bank of America
North Carolina
-$318K
Name Holding Trade Value Shares
Change 		Change in
Stake
Carson Wealth (CWM LLC)
1
Carson Wealth (CWM LLC)
Nebraska
$14.4M +$4.96M +191,291 +50%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$10.6M -$185K -7,146 -2%
RJA
3
Raymond James & Associates
Florida
$4.12M -$19.6K -755 -0.5%
Morgan Stanley
4
Morgan Stanley
New York
$3.63M -$317K -12,239 -8%
PAG
5
Private Advisory Group
Washington
$1.33M -$1.88M -72,708 -58%
LPL Financial
6
LPL Financial
California
$1.15M +$271K +10,438 +29%
PFS
7
Prospera Financial Services
Texas
$889K -$676K -26,065 -42%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$853K +$495K +19,095 +127%
Citadel Advisors
9
Citadel Advisors
Florida
$838K +$383K +14,772 +79%
UCFA
10
United Capital Financial Advisors
Texas
$651K -$26.3K -1,014 -4%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$476K -$105K -4,061 -18%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$452K +$182K +7,034 +63%
AWM
13
Affinity Wealth Management
Delaware
$374K – – –
Comerica Bank
14
Comerica Bank
Texas
$325K +$338K +13,024 New
Osaic Holdings
15
Osaic Holdings
Arizona
$318K +$13.7K +530 +4%
FTUS
16
Flow Traders U.S.
New York
$305K -$371K -14,298 -54%
WCG
17
Weaver Consulting Group
California
$285K -$43.3K -1,670 -13%
MIM
18
MTM Investment Management
South Carolina
$267K – – –
AF
19
Allworth Financial
California
$230K +$239K +9,219 New
Bank of America
20
Bank of America
North Carolina
$225K -$318K -12,274 -58%
SPC
21
Sigma Planning Corp
Michigan
$210K -$28K -1,082 -11%
UBS Group
22
UBS Group
Switzerland
$57.5K -$25.2K -972 -30%
RFA
23
Register Financial Advisors
Georgia
$2.5K – – –
Fidelity Investments
24
Fidelity Investments
Massachusetts
$1.8K – – –
Wells Fargo
25
Wells Fargo
California
$36 -$44.3K -1,711 -100%
1
2

DVOL Hedge Fund Activity: Q3 2023 in Review

25 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q3 2023, worth a combined $42M — up 0.06% from $41.9M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of DVOL and 2 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 6 added.

The largest buyer was Carson Wealth (CWM LLC), adding an estimated $4.96M. The largest seller was Private Advisory Group, cutting an estimated $1.88M.

  • 25 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q3 2023, down from 26 in Q2 2023.
  • Funds reported $42M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q3 2023, up 0.06% quarter-over-quarter.
  • 2 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q3 2023 and 3 closed out, a net change of -1 holder.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q3 2023 was Carson Wealth (CWM LLC), an estimated $4.96M added.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q3 2023 was Private Advisory Group, an estimated $1.88M sold.

Based on aggregated 13F filings for Q3 2023.