First Trust Dow 30 Equal Weight ETF
EDOW
66 hedge funds and large institutions have $170M invested in First Trust Dow 30 Equal Weight ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 21 reducing their positions, and 5 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 21
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 65 → 66 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18.02% less ownership
Funds ownership: 84.88% → 66.86% (-18%)
23% less capital invested
Capital invested by funds: $220M → $170M (-$50.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.83M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.44M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$2.04M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$1.1M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31.4M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$18.2M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$11.7M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$7.86M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.34M |
EDOW Hedge Fund Activity: Q1 2024 in Review
66 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q1 2024, worth a combined $170M — down 23% from $220M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EDOW positions and 5 closed out — a net gain of 2 holders — while 30 added to existing stakes and 21 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $4.83M. The largest seller was Morgan Stanley, cutting an estimated $31.4M.
- 66 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q1 2024, up from 65 in Q4 2023.
- Funds reported $170M of First Trust Dow 30 Equal Weight ETF stock for Q1 2024, down 23% quarter-over-quarter.
- 7 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q1 2024 and 5 closed out, a net change of +2 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q1 2024 was Cambridge Investment Research Advisors, an estimated $4.83M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q1 2024 was Morgan Stanley, an estimated $31.4M sold.
Based on aggregated 13F filings for Q1 2024.