First Trust Dow 30 Equal Weight ETF
EDOW
55 hedge funds and large institutions have $138M invested in First Trust Dow 30 Equal Weight ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
8.57% more ownership
Funds ownership: 64.47% → 73.04% (+8.6%)
2% more funds holding
Funds holding: 54 → 55 (+1)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $146M → $138M (-$7.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$16.4M |
| 2 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$5.15M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.08M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.91M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$42.2M |
| 2 |
LPL Financial
San Diego,
California
|
-$664K |
| 3 |
Morgan Stanley
New York
|
-$439K |
| 4 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$425K |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
51
WealthPLAN Partners
Omaha,
Nebraska
| $6.54K | – | – | – |
|
|
IFAM
52
Institutional & Family Asset Management
Fort Collins,
Colorado
| $2.2K | +$356 | +12 | +20% |
|
|
AF
53
Allworth Financial
Folsom,
California
| $168 | – | – | – |
|
54
JP Morgan Chase
New York
| $168 | – | – | – |
|
|
SIS
55
Sound Income Strategies
Ft Lauderdale,
Florida
| $28 | +$30 | +1 | New |
|
|
SOS
56
Silver Oak Securities
Jackson,
Tennessee
| – | -$425K | -14,381 | Closed |
|
|
57
Fisher Asset Management
Camas,
Washington
| – | -$399K | -13,482 | Closed |
|
58
Mariner
Overland Park,
Kansas
| – | -$377K | -12,753 | Closed |
|
|
WEG
59
World Equity Group
Schaumburg,
Illinois
| – | -$172K | -11,307 | Closed |
|
|
CF
60
Centaurus Financial
Anaheim,
California
| – | -$129K | -4,377 | Closed |
|
61
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$78.1K | -2,643 | Closed |
|
|
M1FG
62
Mach-1 Financial Group
Rogers,
Arkansas
| – | -$42.2M | -1,429 | Closed |
|
EDOW Hedge Fund Activity: Q2 2023 in Review
55 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q2 2023, worth a combined $138M — down 5.2% from $146M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EDOW positions and 7 closed out — a net gain of 1 holder — while 20 added to existing stakes and 19 trimmed.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $16.4M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $42.2M sold.
- 55 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q2 2023, up from 54 in Q1 2023.
- Funds reported $138M of First Trust Dow 30 Equal Weight ETF stock for Q2 2023, down 5.2% quarter-over-quarter.
- 8 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q2 2023 and 7 closed out, a net change of +1 holder.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q2 2023 was Kestra Advisory Services, an estimated $16.4M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q2 2023 was Mach-1 Financial Group, an estimated $42.2M sold.
Based on aggregated 13F filings for Q2 2023.