First Trust Dow 30 Equal Weight ETF
EDOW
65 hedge funds and large institutions have $220M invested in First Trust Dow 30 Equal Weight ETF in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
36% more capital invested
Capital invested by funds: $162M → $220M (+$57.8M)
14.97% more ownership
Funds ownership: 69.91% → 84.88% (+15%)
8% more funds holding
Funds holding: 60 → 65 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$27.7M |
| 2 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$6.54M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.01M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.5M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$12.1M |
| 2 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$11.3M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.29M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.07M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$846K |
EDOW Hedge Fund Activity: Q4 2023 in Review
65 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q4 2023, worth a combined $220M — up 36% from $162M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EDOW positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $27.7M. The largest seller was Kestra Advisory Services, cutting an estimated $12.1M.
- 65 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q4 2023, up from 60 in Q3 2023.
- Funds reported $220M of First Trust Dow 30 Equal Weight ETF stock for Q4 2023, up 36% quarter-over-quarter.
- 11 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q4 2023 and 6 closed out, a net change of +5 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q4 2023 was Morgan Stanley, an estimated $27.7M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q4 2023 was Kestra Advisory Services, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2023.