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First Trust Dow 30 Equal Weight ETF

60 hedge funds and large institutions have $162M invested in First Trust Dow 30 Equal Weight ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

115% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 13

17% more capital invested

Capital invested by funds: $138M → $162M (+$23.8M)

9% more funds holding

Funds holding: 5560 (+5)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.13% less ownership

Funds ownership: 73.04%69.91% (-3.1%)

Holders
60
Holders Change
+5
Holders Change %
+9.09%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
28
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$27.2M +$1.53M +50,502 +6%
LPL Financial
2
LPL Financial
California
$27.2M -$224K -7,408 -0.8%
KAS
3
Kestra Advisory Services
Texas
$23.4M +$7.57M +250,518 +45%
NA
4
NewEdge Advisors
Louisiana
$16.4M +$1.3M +43,087 +8%
JAWM
5
J. Arnold Wealth Management
Ohio
$11.7M +$12.1M +402,108 New
VAS
6
Vestmark Advisory Solutions
Massachusetts
$9.28M -$1.07M -35,570 -10%
AWM
7
AE Wealth Management
Kansas
$4.52M +$4.7M +155,579 New
RJFSA
8
Raymond James Financial Services Advisors
Florida
$4.35M +$115K +3,816 +3%
IP
9
Ignite Planners
California
$3.83M -$1.86M -61,699 -32%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$3.82M +$212K +7,021 +6%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$3.21M -$384K -12,697 -10%
Bank of America
12
Bank of America
North Carolina
$2.47M +$1.99M +65,964 +348%
RJA
13
Raymond James & Associates
Florida
$2.29M +$453K +15,009 +24%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$2.12M -$381K -12,609 -15%
IWC
15
Integrated Wealth Concepts
Massachusetts
$2.01M +$2.09M +69,157 New
Osaic Holdings
16
Osaic Holdings
Arizona
$1.68M -$180K -5,966 -9%
SPC
17
Sigma Planning Corp
Michigan
$1.6M +$1.26M +41,574 +308%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$1.57M +$286K +9,465 +21%
AAS
19
Ameritas Advisory Services
Nebraska
$1.53M +$18.4K +608 +1%
WAP
20
Wealthcare Advisory Partners
Pennsylvania
$1.37M +$1.43M +47,357 New
HI
21
Harbour Investments
Wisconsin
$980K -$52.6K -1,740 -5%
DC
22
Davenport & Co
Virginia
$851K +$96.4K +3,190 +12%
BFEC
23
Benjamin F. Edwards & Company
Missouri
$741K +$11.3K +373 +1%
Jane Street
24
Jane Street
New York
$732K +$233K +7,710 +44%
MML Investors Services
25
MML Investors Services
Massachusetts
$519K +$121K +4,006 +29%

EDOW Hedge Fund Activity: Q3 2023 in Review

60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q3 2023, worth a combined $162M — up 17% from $138M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new EDOW positions and 4 closed out — a net gain of 5 holders — while 28 added to existing stakes and 13 trimmed.

The largest buyer was J. Arnold Wealth Management, opening a new position worth an estimated $12.1M. The largest seller was Ignite Planners, cutting an estimated $1.86M.

  • 60 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q3 2023, up from 55 in Q2 2023.
  • Funds reported $162M of First Trust Dow 30 Equal Weight ETF stock for Q3 2023, up 17% quarter-over-quarter.
  • 9 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q3 2023 and 4 closed out, a net change of +5 holders.
  • The largest First Trust Dow 30 Equal Weight ETF buyer in Q3 2023 was J. Arnold Wealth Management, an estimated $12.1M added.
  • The largest First Trust Dow 30 Equal Weight ETF seller in Q3 2023 was Ignite Planners, an estimated $1.86M sold.

Based on aggregated 13F filings for Q3 2023.