First Trust Dow 30 Equal Weight ETF
EDOW
65 hedge funds and large institutions have $168M invested in First Trust Dow 30 Equal Weight ETF in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 8 closing their positions.
4.35% more ownership
Funds ownership: 69.49% → 73.85% (+4.4%)
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
2% less capital invested
Capital invested by funds: $172M → $168M (-$3.92M)
2% less funds holding
Funds holding: 66 → 65 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$8.85M |
| 2 |
GWANC
Guardian Wealth Advisors (North Carolina)
Raleigh,
North Carolina
|
+$3.39M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.4M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.75M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$841K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$17.3M |
| 2 |
PIS
POM Investment Strategies
Raleigh,
North Carolina
|
-$7.08M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.27M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.12M |
| 5 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$1.08M |
EDOW Hedge Fund Activity: Q2 2025 in Review
65 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q2 2025, worth a combined $168M — down 2.3% from $172M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EDOW and 7 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 21 added.
The largest buyer was Vestmark Advisory Solutions, adding an estimated $8.85M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $17.3M.
- 65 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q2 2025, down from 66 in Q1 2025.
- Funds reported $168M of First Trust Dow 30 Equal Weight ETF stock for Q2 2025, down 2.3% quarter-over-quarter.
- 7 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q2 2025 and 8 closed out, a net change of -1 holder.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q2 2025 was Vestmark Advisory Solutions, an estimated $8.85M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q2 2025 was Cambridge Investment Research Advisors, an estimated $17.3M sold.
Based on aggregated 13F filings for Q2 2025.