First Trust Dow 30 Equal Weight ETF
EDOW
53 hedge funds and large institutions have $103M invested in First Trust Dow 30 Equal Weight ETF in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 6 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
54% more capital invested
Capital invested by funds: $66.8M → $103M (+$35.8M)
15% more funds holding
Funds holding: 46 → 53 (+7)
7.59% more ownership
Funds ownership: 57.83% → 65.42% (+7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.99M |
| 2 |
IP
Ignite Planners
San Clemente,
California
|
+$5.64M |
| 3 |
Morgan Stanley
New York
|
+$5.07M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.63M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.69M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$1.24M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$395K |
| 4 |
Goldman Sachs
New York
|
-$330K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$240K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFAM
51
Institutional & Family Asset Management
Fort Collins,
Colorado
| $1.28K | +$676 | +24 | +120% |
|
|
AF
52
Allworth Financial
Folsom,
California
| $160 | – | – | – |
|
|
53
Citadel Advisors
Miami,
Florida
| – | -$1.69M | -67,958 | Closed |
|
|
KAS
54
Kestra Advisory Services
Austin,
Texas
| – | -$395K | -15,900 | Closed |
|
|
AAS
55
Avantax Advisory Services
Dallas,
Texas
| – | -$240K | -9,683 | Closed |
|
|
PAG
56
Private Advisor Group
Morristown,
New Jersey
| – | -$206K | -8,295 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$150K | -6,034 | Closed |
|
|
M1FG
58
Mach-1 Financial Group
Rogers,
Arkansas
| – | -$35K | -1,429 | Closed |
|
59
JP Morgan Chase
New York
| – | +$169 | +6 | New |
|
EDOW Hedge Fund Activity: Q4 2022 in Review
53 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q4 2022, worth a combined $103M — up 54% from $66.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EDOW positions and 6 closed out — a net gain of 9 holders — while 23 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.99M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.69M sold.
- 53 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q4 2022, up from 46 in Q3 2022.
- Funds reported $103M of First Trust Dow 30 Equal Weight ETF stock for Q4 2022, up 54% quarter-over-quarter.
- 15 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q4 2022 and 6 closed out, a net change of +9 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q4 2022 was LPL Financial, an estimated $5.99M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q4 2022 was Citadel Advisors, an estimated $1.69M sold.
Based on aggregated 13F filings for Q4 2022.