First Trust Global Wind Energy ETF
FAN
33 hedge funds and large institutions have $44.7M invested in First Trust Global Wind Energy ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 9 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
1.8% less ownership
Funds ownership: 53.77% → 51.98% (-1.8%)
18% less funds holding
Funds holding: 40 → 33 (-7)
34% less capital invested
Capital invested by funds: $67.4M → $44.7M (-$22.7M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$901K |
| 3 |
JP Morgan Chase
New York
|
+$821K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$765K |
| 5 |
M&T Bank
Buffalo,
New York
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.71M |
| 2 |
Morgan Stanley
New York
|
-$4.64M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.39M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.12M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.08M |
FAN Hedge Fund Activity: Q3 2014 in Review
33 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Wind Energy ETF (FAN) for Q3 2014, worth a combined $44.7M — down 34% from $67.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FAN and 4 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 13 added.
The largest buyer was UBS, adding an estimated $1.5M. The largest seller was Bank of America, cutting an estimated $7.71M.
- 33 institutional investors held First Trust Global Wind Energy ETF (FAN) as of Q3 2014, down from 40 in Q2 2014.
- Funds reported $44.7M of First Trust Global Wind Energy ETF stock for Q3 2014, down 34% quarter-over-quarter.
- 4 funds opened new First Trust Global Wind Energy ETF positions in Q3 2014 and 9 closed out, a net change of -5 holders.
- The largest First Trust Global Wind Energy ETF buyer in Q3 2014 was UBS, an estimated $1.5M added.
- The largest First Trust Global Wind Energy ETF seller in Q3 2014 was Bank of America, an estimated $7.71M sold.
Based on aggregated 13F filings for Q3 2014.