First Trust Dow 30 Equal Weight ETF
EDOW
46 hedge funds and large institutions have $66.8M invested in First Trust Dow 30 Equal Weight ETF in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 10 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
5.21% less ownership
Funds ownership: 63.03% → 57.83% (-5.2%)
8% less funds holding
Funds holding: 50 → 46 (-4)
13% less capital invested
Capital invested by funds: $77.1M → $66.8M (-$10.3M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$4.57M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.39M |
| 3 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$1.23M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.17M |
| 5 |
Morgan Stanley
New York
|
+$783K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$10.5M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$1.93M |
| 3 |
Jane Street
New York
|
-$815K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$758K |
| 5 |
LPL Financial
San Diego,
California
|
-$642K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
51
ACG Wealth
Atlanta,
Georgia
| – | -$64K | -2,359 | Closed |
|
|
CWAF
52
Core Wealth Advisors (Florida)
Lakeland,
Florida
| – | -$41K | -1,500 | Closed |
|
|
TSWM
53
Tyler-Stone Wealth Management
Beachwood,
Ohio
| – | -$16K | -600 | Closed |
|
|
AF
54
Allworth Financial
Folsom,
California
| – | -$12.3K | -441 | -99% |
|
55
UBS Group
Zurich,
Switzerland
| – | -$5K | -185 | Closed |
|
|
IFAM
56
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | +$558 | +20 | New |
|
EDOW Hedge Fund Activity: Q3 2022 in Review
46 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q3 2022, worth a combined $66.8M — down 13% from $77.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EDOW and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 23 added.
The largest buyer was NewEdge Advisors, adding an estimated $4.57M. The largest seller was Truist Financial, exiting entirely with an estimated $10.5M sold.
- 46 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q3 2022, down from 50 in Q2 2022.
- Funds reported $66.8M of First Trust Dow 30 Equal Weight ETF stock for Q3 2022, down 13% quarter-over-quarter.
- 6 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q3 2022 and 10 closed out, a net change of -4 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q3 2022 was NewEdge Advisors, an estimated $4.57M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q3 2022 was Truist Financial, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2022.