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First Trust Dorsey Wright Momentum & Low Volatility ETF

26 hedge funds and large institutions have $37.3M invested in First Trust Dorsey Wright Momentum & Low Volatility ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 15 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

7.2% more ownership

Funds ownership: 73.09%80.29% (+7.2%)

4% more funds holding

Funds holding: 2526 (+1)

11% less capital invested

Capital invested by funds: $42M → $37.3M (-$4.65M)

87% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 15

Holders
26
Holders Change
+1
Holders Change %
+4%
% of All Funds
0.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
2
Reduced
15
Closed
4
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
$11.6M -$3.98M -152,682 -27%
Morgan Stanley
2
Morgan Stanley
New York
$7.42M +$3.28M +125,842 +86%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$6.22M -$5.14M -197,281 -46%
RJA
4
Raymond James & Associates
Florida
$4.16M -$332K -12,725 -8%
PAG
5
Private Advisory Group
Washington
$1.23M -$220K -8,419 -16%
LPL Financial
6
LPL Financial
California
$1.15M -$102K -3,904 -8%
Citadel Advisors
7
Citadel Advisors
Florida
$880K -$35.3K -1,354 -4%
PFS
8
Prospera Financial Services
Texas
$612K -$345K -13,232 -37%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$510K -$10.6K -406 -2%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$506K +$10.4K +399 +2%
KPWS
11
Kestra Private Wealth Services
Texas
$395K +$377K +14,455 New
UCFA
12
United Capital Financial Advisors
Texas
$364K -$333K -12,753 -49%
Comerica Bank
13
Comerica Bank
Texas
$356K
FTUS
14
Flow Traders U.S.
New York
$306K -$26.6K -1,021 -8%
Osaic Holdings
15
Osaic Holdings
Arizona
$306K -$40.8K -1,566 -12%
MIM
16
MTM Investment Management
South Carolina
$292K
AF
17
Allworth Financial
California
$252K -$26 -1 -0%
Goldman Sachs
18
Goldman Sachs
New York
$246K +$235K +9,014 New
Bank of America
19
Bank of America
North Carolina
$244K -$2.56K -98 -1%
WCG
20
Weaver Consulting Group
California
$231K -$77.3K -2,965 -26%
ASN
21
Advisory Services Network
Georgia
$30.2K +$28.8K +1,105 New
IGWM
22
ICA Group Wealth Management
Colorado
$20.5K +$19.6K +750 New
UBS Group
23
UBS Group
Switzerland
$13.1K -$47.5K -1,822 -79%
TRCT
24
Tower Research Capital (TRC)
New York
$5.55K +$5.29K +203 New
Fidelity Investments
25
Fidelity Investments
Massachusetts
$1.97K

DVOL Hedge Fund Activity: Q4 2023 in Review

26 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) for Q4 2023, worth a combined $37.3M — down 11% from $42M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new DVOL positions and 4 closed out — a net gain of 1 holder — while 2 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.28M. The largest seller was Commonwealth Equity Services, cutting an estimated $5.14M.

  • 26 institutional investors held First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) as of Q4 2023, up from 25 in Q3 2023.
  • Funds reported $37.3M of First Trust Dorsey Wright Momentum & Low Volatility ETF stock for Q4 2023, down 11% quarter-over-quarter.
  • 5 funds opened new First Trust Dorsey Wright Momentum & Low Volatility ETF positions in Q4 2023 and 4 closed out, a net change of +1 holder.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF buyer in Q4 2023 was Morgan Stanley, an estimated $3.28M added.
  • The largest First Trust Dorsey Wright Momentum & Low Volatility ETF seller in Q4 2023 was Commonwealth Equity Services, an estimated $5.14M sold.

Based on aggregated 13F filings for Q4 2023.