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First Trust Dow 30 Equal Weight ETF
EDOW

66 hedge funds and large institutions have $172M invested in First Trust Dow 30 Equal Weight ETF in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $165M → $172M (+$7.11M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

8% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 25

2.13% less ownership

Funds ownership: 71.63% → 69.49% (-2.1%)

8% less funds holding

Funds holding: 72 → 66 (-6)

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8

Holders
66
Holders Change
-6
Holders Change %
-8.33%
% of All Funds
0.88%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
2
Increased
23
Reduced
25
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$17.2M
2
Osaic Holdings
Osaic Holdings
Arizona
+$3M
3
NA
NewEdge Advisors
Louisiana
+$1.87M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$912K
5
MML Investors Services
MML Investors Services
Massachusetts
+$869K

Top Sellers

Rank Fund Capital Flow
1
IAA
Independent Advisor Alliance
North Carolina
-$6.76M
2
LPL Financial
LPL Financial
California
-$2.63M
3
IWC
Integrated Wealth Concepts
Massachusetts
-$2.08M
4
Morgan Stanley
Morgan Stanley
New York
-$1.08M
5
VAS
Vestmark Advisory Solutions
Massachusetts
-$1.05M
Name Holding Trade Value Shares
Change 		Change in
Stake
NFG
51
Nations Financial Group
Iowa
$200K – – –
GWS
52
Glassman Wealth Services
Virginia
$114K – – –
AF
53
Allworth Financial
California
$105K – – –
PTC
54
Private Trust Company
Ohio
$100K +$3.93K +106 +4%
JP Morgan Chase
55
JP Morgan Chase
New York
$91.2K -$20.3K -547 -18%
OP
56
ORG Partners
Indiana
$87.2K -$55.6K -1,500 -38%
SPIA
57
Steward Partners Investment Advisory
New York
$63.7K +$185 +5 +0.3%
PA
58
Parallel Advisors
California
$50.5K – – –
BlackRock
59
BlackRock
New York
$36.2K – – –
Northwestern Mutual Wealth Management
60
Northwestern Mutual Wealth Management
Wisconsin
$29.9K – – –
T
61
Tidemark
California
$17.1K – – –
Carson Wealth (CWM LLC)
62
Carson Wealth (CWM LLC)
Nebraska
$16K – – –
TSMHT
63
Thurston Springer Miller Herd & Titak
Indiana
$7.24K – – –
Fidelity Investments
64
Fidelity Investments
Massachusetts
$6.92K +$7.08K +191 New
FDW
65
Fourth Dimension Wealth
Ohio
$3.62K – – –
NS
66
NBC Securities
Alabama
$2K +$2.78K +75 New
IAA
67
Independent Advisor Alliance
North Carolina
– -$6.76M -186,356 Closed
IWC
68
Integrated Wealth Concepts
Massachusetts
– -$2.08M -57,351 Closed
IAS
69
Insigneo Advisory Services
Florida
– -$308K -8,496 Closed
NECFA
70
New England Capital Financial Advisors
Connecticut
– -$283K -7,799 Closed
CPIG
71
Chicago Partners Investment Group
Illinois
– -$278K -7,658 Closed
AF
72
Apollon Financial
South Carolina
– -$236K -6,498 Closed
Wells Fargo
73
Wells Fargo
California
– -$66.3K -1,829 Closed
DRP
74
Decker Retirement Planning
Utah
– -$36 -1 Closed
1 2
3

EDOW Hedge Fund Activity: Q1 2025 in Review

66 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q1 2025, worth a combined $172M — up 4.3% from $165M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of EDOW and 2 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 23 added.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $17.2M. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $6.76M sold.

  • 66 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q1 2025, down from 72 in Q4 2024.
  • Funds reported $172M of First Trust Dow 30 Equal Weight ETF stock for Q1 2025, up 4.3% quarter-over-quarter.
  • 2 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q1 2025 and 8 closed out, a net change of -6 holders.
  • The largest First Trust Dow 30 Equal Weight ETF buyer in Q1 2025 was Cambridge Investment Research Advisors, an estimated $17.2M added.
  • The largest First Trust Dow 30 Equal Weight ETF seller in Q1 2025 was Independent Advisor Alliance, an estimated $6.76M sold.

Based on aggregated 13F filings for Q1 2025.