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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.04M |
| 2 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$1.62M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$1.29M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$430K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.13M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.67M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$1.38M |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$1.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.02M |
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.