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First Trust Dow 30 Equal Weight ETF
EDOW

54 hedge funds and large institutions have $146M invested in First Trust Dow 30 Equal Weight ETF in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

42% more capital invested

Capital invested by funds: $103M → $146M (+$43.4M)

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

2% more funds holding

Funds holding: 53 → 54 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.95% less ownership

Funds ownership: 65.42% → 64.47% (-0.95%)

Holders
54
Holders Change
+1
Holders Change %
+1.89%
% of All Funds
0.86%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
11
Increased
22
Reduced
14
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$5.04M
2
VAS
Vestmark Advisory Solutions
Massachusetts
+$1.62M
3
SFS
Sowell Financial Services
Arkansas
+$1.29M
4
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$430K
5
NA
NewEdge Advisors
Louisiana
+$378K

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$4.13M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.67M
3
PP
Prudential plc
United Kingdom
-$1.38M
4
AAS
Ameritas Advisory Services
Nebraska
-$1.1M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.02M
Name Holding Trade Value Shares
Change 		Change in
Stake
Wealthfront Advisers
26
Wealthfront Advisers
California
$370K +$8.89K +303 +2%
AAS
27
Avantax Advisory Services
Texas
$369K +$366K +12,467 New
OP
28
ORG Partners
Indiana
$365K +$359K +12,223 New
KPWS
29
Kestra Private Wealth Services
Texas
$338K +$9.68K +330 +3%
WE
30
Wealth Effects
Massachusetts
$279K +$88 +3 +0%
CAN
31
Cetera Advisor Networks
California
$255K +$27.4K +933 +12%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$251K +$205 +7 +0.1%
MML Investors Services
33
MML Investors Services
Massachusetts
$250K +$248K +8,469 New
JWCA
34
J.W. Cole Advisors
Florida
$250K -$13.9K -475 -5%
Jane Street
35
Jane Street
New York
$237K +$236K +8,028 New
CPIG
36
Chicago Partners Investment Group
Illinois
$237K +$675 +23 +0.3%
SFPG
37
Stonebridge Financial Planning Group
Florida
$235K – – –
PAG
38
Private Advisor Group
New Jersey
$218K +$216K +7,366 New
WEG
39
World Equity Group
Illinois
$172K +$332K +11,307 New
CF
40
Centaurus Financial
California
$129K +$128K +4,377 New
GWS
41
Glassman Wealth Services
Virginia
$93.4K – – –
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$78.1K +$77.5K +2,643 New
SPIA
43
Steward Partners Investment Advisory
New York
$73.6K +$293 +10 +0.4%
UBS Group
44
UBS Group
Switzerland
$65.9K +$33.1K +1,129 +103%
PA
45
Parallel Advisors
California
$51.6K – – –
CFGS
46
Concourse Financial Group Securities
Alabama
$37.9K -$48.4K -1,650 -56%
GWM
47
Geneos Wealth Management
Colorado
$26.6K – – –
IGWM
48
ICA Group Wealth Management
Colorado
$26.3K -$2.93K -100 -10%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$21.6K +$88 +3 +0.4%
WP
50
WealthPLAN Partners
Nebraska
$6.42K +$6.37K +217 New
1
2
3

EDOW Hedge Fund Activity: Q1 2023 in Review

54 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q1 2023, worth a combined $146M — up 42% from $103M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new EDOW positions and 10 closed out — a net gain of 1 holder — while 22 added to existing stakes and 14 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.04M. The largest seller was LPL Financial, cutting an estimated $4.13M.

  • 54 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q1 2023, up from 53 in Q4 2022.
  • Funds reported $146M of First Trust Dow 30 Equal Weight ETF stock for Q1 2023, up 42% quarter-over-quarter.
  • 11 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q1 2023 and 10 closed out, a net change of +1 holder.
  • The largest First Trust Dow 30 Equal Weight ETF buyer in Q1 2023 was Morgan Stanley, an estimated $5.04M added.
  • The largest First Trust Dow 30 Equal Weight ETF seller in Q1 2023 was LPL Financial, an estimated $4.13M sold.

Based on aggregated 13F filings for Q1 2023.