First Trust Dow 30 Equal Weight ETF
EDOW
80 hedge funds and large institutions have $249M invested in First Trust Dow 30 Equal Weight ETF in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 9 closing their positions.
4% more capital invested
Capital invested by funds: $241M → $249M (+$8.52M)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less funds holding
Funds holding: 81 → 80 (-1)
2.35% less ownership
Funds ownership: 83.69% → 81.34% (-2.4%)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$27.8M |
| 2 |
KFS
Kirkwood Financial Services
San Antonio,
Texas
|
+$6.01M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.72M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$432K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$25.9M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$7.1M |
| 3 |
Morgan Stanley
New York
|
-$1.36M |
| 4 |
Jane Street
New York
|
-$1.1M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$727K |
EDOW Hedge Fund Activity: Q2 2026 in Review
80 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q2 2026, worth a combined $249M — up 3.5% from $241M a quarter earlier.
Fund positioning in EDOW was balanced in Q2 2026: 9 funds opened new positions, 9 closed out, 22 added to existing stakes and 29 trimmed.
The largest buyer was Modern Wealth Management, opening a new position worth an estimated $27.8M. The largest seller was LPL Financial, cutting an estimated $25.9M.
- 80 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q2 2026, down from 81 in Q1 2026.
- Funds reported $249M of First Trust Dow 30 Equal Weight ETF stock for Q2 2026, up 3.5% quarter-over-quarter.
- 9 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q2 2026 and 9 closed out, a net change of 0 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q2 2026 was Modern Wealth Management, an estimated $27.8M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q2 2026 was LPL Financial, an estimated $25.9M sold.
Based on aggregated 13F filings for Q2 2026.