First Trust Dow 30 Equal Weight ETF
EDOW
18 hedge funds and large institutions have $26.3M invested in First Trust Dow 30 Equal Weight ETF in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 7 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
4.88% more ownership
Funds ownership: 71.59% → 76.47% (+4.9%)
14% less funds holding
Funds holding: 21 → 18 (-3)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
15% less capital invested
Capital invested by funds: $30.8M → $26.3M (-$4.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$4.44M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.68M |
| 3 |
Jane Street
New York
|
+$1.44M |
| 4 |
LPL Financial
San Diego,
California
|
+$522K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$5.66M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$686K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$534K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$518K |
| 5 |
PIM
Provident Investment Management
Novi,
Michigan
|
-$259K |
EDOW Hedge Fund Activity: Q1 2020 in Review
18 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q1 2020, worth a combined $26.3M — down 15% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EDOW and 6 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 7 added.
The largest buyer was Truist Financial, adding an estimated $4.44M. The largest seller was First Heartland Consultants, exiting entirely with an estimated $5.66M sold.
- 18 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q1 2020, down from 21 in Q4 2019.
- Funds reported $26.3M of First Trust Dow 30 Equal Weight ETF stock for Q1 2020, down 15% quarter-over-quarter.
- 6 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q1 2020 and 7 closed out, a net change of -1 holder.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q1 2020 was Truist Financial, an estimated $4.44M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q1 2020 was First Heartland Consultants, an estimated $5.66M sold.
Based on aggregated 13F filings for Q1 2020.