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First Trust Dow 30 Equal Weight ETF

21 hedge funds and large institutions have $30.8M invested in First Trust Dow 30 Equal Weight ETF in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.55% less ownership

Funds ownership: 78.14%71.59% (-6.6%)

8% less capital invested

Capital invested by funds: $33.5M → $30.8M (-$2.76M)

22% less funds holding

Funds holding: 2721 (-6)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

82% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 11

Holders
21
Holders Change
-6
Holders Change %
-22.22%
% of All Funds
0.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
2
Reduced
11
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Truist Financial
1
Truist Financial
North Carolina
$20.2M +$19.5M +774,895 New
FHC
2
First Heartland Consultants
Missouri
$5.66M -$32.8K -1,305 -0.6%
LPL Financial
3
LPL Financial
California
$1.06M -$1.02M -40,450 -50%
Citadel Advisors
4
Citadel Advisors
Florida
$686K -$564K -22,447 -46%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$534K -$361K -14,347 -41%
AAS
6
Avantax Advisory Services
Texas
$518K +$506K +20,114 New
Bank of America
7
Bank of America
North Carolina
$436K -$124K -4,941 -23%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$414K +$57.7K +2,295 +17%
PIM
9
Provident Investment Management
Michigan
$259K +$250K +9,949 New
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$230K +$222K +8,820 New
AG
11
Advisor Group
Arizona
$220K +$31.2K +1,242 +17%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$208K -$325K -12,920 -62%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$157K
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$90K -$559K -22,229 -87%
1W
15
1776 Wealth
Georgia
$29K +$28.4K +1,131 New
APA
16
American Portfolios Advisors
New York
$22.5K -$346K -13,744 -94%
BFEC
17
Benjamin F. Edwards & Company
Missouri
$21K -$81.6K -3,245 -80%
AF
18
Allworth Financial
California
$11K +$10.7K +426 New
CFGS
19
Concourse Financial Group Securities
Alabama
$9K -$9.5K -378 -52%
VCP
20
Verus Capital Partners
Arizona
$9K +$8.62K +343 New
UBS Group
21
UBS Group
Switzerland
$5K -$12.3K -490 -70%
Jane Street
22
Jane Street
New York
-$2.32M -94,641 Closed
RJFSA
23
Raymond James Financial Services Advisors
Florida
-$887K -36,163 Closed
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
-$515K -21,013 Closed
IA
25
IFP Advisors
Florida
-$520K -20,672 Closed

EDOW Hedge Fund Activity: Q4 2019 in Review

21 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q4 2019, worth a combined $30.8M — down 8.2% from $33.5M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of EDOW and 7 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 2 added.

The largest buyer was Truist Financial, opening a new position worth an estimated $19.5M. The largest seller was Jane Street, exiting entirely with an estimated $2.32M sold.

  • 21 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q4 2019, down from 27 in Q3 2019.
  • Funds reported $30.8M of First Trust Dow 30 Equal Weight ETF stock for Q4 2019, down 8.2% quarter-over-quarter.
  • 7 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q4 2019 and 11 closed out, a net change of -4 holders.
  • The largest First Trust Dow 30 Equal Weight ETF buyer in Q4 2019 was Truist Financial, an estimated $19.5M added.
  • The largest First Trust Dow 30 Equal Weight ETF seller in Q4 2019 was Jane Street, an estimated $2.32M sold.

Based on aggregated 13F filings for Q4 2019.