First Trust Dow 30 Equal Weight ETF
EDOW
29 hedge funds and large institutions have $38M invested in First Trust Dow 30 Equal Weight ETF in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
78% more capital invested
Capital invested by funds: $21.3M → $38M (+$16.7M)
61% more funds holding
Funds holding: 18 → 29 (+11)
4.59% less ownership
Funds ownership: 56.32% → 51.74% (-4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.4M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$996K |
| 3 |
Goldman Sachs
New York
|
+$651K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$530K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.01M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$725K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$417K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$263K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$170K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $77K | +$73.3K | +2,849 | New |
|
|
AF
27
Allworth Financial
Folsom,
California
| $12K | +$51 | +2 | +0.5% |
|
|
BEI
28
Benjamin Edwards Inc
Clayton,
Missouri
| $9K | – | – | – |
|
29
Rockefeller Capital Management
New York
| $4K | +$4.09K | +159 | New |
|
|
FTUS
30
Flow Traders U.S.
New York
| – | -$417K | -17,103 | Closed |
|
|
SPC
31
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$263K | -10,794 | Closed |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| – | -$24.1K | -988 | Closed |
|
EDOW Hedge Fund Activity: Q4 2020 in Review
29 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q4 2020, worth a combined $38M — up 78% from $21.3M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new EDOW positions and 3 closed out — a net gain of 11 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was LPL Financial, adding an estimated $10.4M. The largest seller was Citadel Advisors, cutting an estimated $1.01M.
- 29 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q4 2020, up from 18 in Q3 2020.
- Funds reported $38M of First Trust Dow 30 Equal Weight ETF stock for Q4 2020, up 78% quarter-over-quarter.
- 14 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q4 2020 and 3 closed out, a net change of +11 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q4 2020 was LPL Financial, an estimated $10.4M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q4 2020 was Citadel Advisors, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2020.