First Trust Dow 30 Equal Weight ETF
EDOW
21 hedge funds and large institutions have $30.8M invested in First Trust Dow 30 Equal Weight ETF in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 11 closing their positions.
6.55% less ownership
Funds ownership: 78.14% → 71.59% (-6.6%)
8% less capital invested
Capital invested by funds: $33.5M → $30.8M (-$2.76M)
22% less funds holding
Funds holding: 27 → 21 (-6)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$19.5M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$506K |
| 3 |
PIM
Provident Investment Management
Novi,
Michigan
|
+$250K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$222K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$57.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.32M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.02M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$887K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$564K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$559K |
EDOW Hedge Fund Activity: Q4 2019 in Review
21 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q4 2019, worth a combined $30.8M — down 8.2% from $33.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EDOW and 7 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was Truist Financial, opening a new position worth an estimated $19.5M. The largest seller was Jane Street, exiting entirely with an estimated $2.32M sold.
- 21 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q4 2019, down from 27 in Q3 2019.
- Funds reported $30.8M of First Trust Dow 30 Equal Weight ETF stock for Q4 2019, down 8.2% quarter-over-quarter.
- 7 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q4 2019 and 11 closed out, a net change of -4 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q4 2019 was Truist Financial, an estimated $19.5M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q4 2019 was Jane Street, an estimated $2.32M sold.
Based on aggregated 13F filings for Q4 2019.