First Trust Dow 30 Equal Weight ETF
EDOW
20 hedge funds and large institutions have $22M invested in First Trust Dow 30 Equal Weight ETF in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
11% more funds holding
Funds holding: 18 → 20 (+2)
16% less capital invested
Capital invested by funds: $26.3M → $22M (-$4.25M)
20.81% less ownership
Funds ownership: 76.47% → 55.66% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$825K |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$338K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$317K |
| 5 |
LPL Financial
San Diego,
California
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$8.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.41M |
| 3 |
Jane Street
New York
|
-$689K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$297K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$215K |
EDOW Hedge Fund Activity: Q2 2020 in Review
20 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q2 2020, worth a combined $22M — down 16% from $26.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EDOW positions and 5 closed out — a net gain of 3 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.1M. The largest seller was Truist Financial, cutting an estimated $8.8M.
- 20 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q2 2020, up from 18 in Q1 2020.
- Funds reported $22M of First Trust Dow 30 Equal Weight ETF stock for Q2 2020, down 16% quarter-over-quarter.
- 8 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q2 2020 and 5 closed out, a net change of +3 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q2 2020 was Citadel Advisors, an estimated $1.1M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q2 2020 was Truist Financial, an estimated $8.8M sold.
Based on aggregated 13F filings for Q2 2020.