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First Trust NYSE Arca Biotechnology Index Fund
FBT

251 hedge funds and large institutions have $536M invested in First Trust NYSE Arca Biotechnology Index Fund in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 58 increasing their positions, 88 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 24

3% more funds holding

Funds holding: 243 → 251 (+8)

1.14% more ownership

Funds ownership: 47.55% → 48.69% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less capital invested

Capital invested by funds: $559M → $536M (-$23.6M)

34% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 88

Holders
251
Holders Change
+8
Holders Change %
+3.29%
% of All Funds
3.63%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
34
Increased
58
Reduced
88
Closed
24
Calls
$2.94M
Puts
–
Net Calls
+$2.94M
Net Calls Change
+$634K

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$6.1M
2
CAG
Csenge Advisory Group
Florida
+$4.01M
3
EAM
Empirical Asset Management
Massachusetts
+$3.38M
4
NA
Navellier & Associates
Nevada
+$3.2M
5
NW
NewEdge Wealth
Pennsylvania
+$3.1M

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$8.61M
2
LPL Financial
LPL Financial
California
-$7.7M
3
Morgan Stanley
Morgan Stanley
New York
-$7.49M
4
UBS Group
UBS Group
Switzerland
-$4.84M
5
RJA
Raymond James & Associates
Florida
-$4.66M
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
126
IFG Advisory
Georgia
$353K +$344K +2,295 New
EH
127
Equitable Holdings
New York
$353K -$27.8K -185 -7%
AWA
128
Arkadios Wealth Advisors
Georgia
$345K -$83K -553 -20%
BPWM
129
Black Point Wealth Management
Florida
$339K +$330K +2,201 New
GWSG
130
GPS Wealth Strategies Group
Colorado
$338K -$2.7K -18 -0.8%
CAM
131
Cozad Asset Management
Illinois
$333K – – –
MGIA
132
Moneta Group Investment Advisors
Missouri
$325K – – –
WIA
133
World Investment Advisors
California
$321K +$316K +2,107 New
AFA
134
American Financial Advisors
Georgia
$317K -$18K -120 -6%
Wealth Enhancement Advisory Services
135
Wealth Enhancement Advisory Services
Minnesota
$311K -$129K -860 -30%
VCM
136
Virtue Capital Management
Tennessee
$307K -$3.45K -23 -1%
SC
137
Savant Capital
Illinois
$303K +$65K +433 +28%
Marshall Wace
138
Marshall Wace
United Kingdom
$302K +$295K +1,963 New
DWP
139
Destiny Wealth Partners
Florida
$298K – – –
SWP
140
Stratos Wealth Partners
Ohio
$294K -$14K -93 -5%
GIA
141
Gladstone Institutional Advisory
Florida
$290K -$105K -702 -27%
IFG
142
Independent Financial Group
California
$288K +$9.45K +63 +3%
KA
143
Kovack Advisors
Florida
$286K +$278K +1,856 New
PWP
144
Pursue Wealth Partners
California
$277K – – –
BTWM
145
Brass Tax Wealth Management
Ohio
$272K – – –
OA
146
Oxbow Advisors
Texas
$267K -$205K -1,368 -44%
WI
147
WBI Investments
New Jersey
$265K +$258K +1,718 New
SB
148
Strategic Blueprint
Georgia
$259K -$7.95K -53 -3%
CAPTRUST Financial Advisors
149
CAPTRUST Financial Advisors
North Carolina
$256K +$250K +1,664 New
GWP
150
Gateway Wealth Partners
Wisconsin
$255K +$9.15K +61 +4%
4 5
6
7 8

FBT Hedge Fund Activity: Q2 2024 in Review

251 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust NYSE Arca Biotechnology Index Fund (FBT) for Q2 2024, worth a combined $536M — down 4.2% from $559M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new FBT positions and 24 closed out — a net gain of 10 holders — while 58 added to existing stakes and 88 trimmed.

The largest buyer was Jane Street, adding an estimated $6.1M. The largest seller was Wells Fargo, cutting an estimated $8.61M.

  • 251 institutional investors held First Trust NYSE Arca Biotechnology Index Fund (FBT) as of Q2 2024, up from 243 in Q1 2024.
  • Funds reported $536M of First Trust NYSE Arca Biotechnology Index Fund stock for Q2 2024, down 4.2% quarter-over-quarter.
  • 34 funds opened new First Trust NYSE Arca Biotechnology Index Fund positions in Q2 2024 and 24 closed out, a net change of +10 holders.
  • The largest First Trust NYSE Arca Biotechnology Index Fund buyer in Q2 2024 was Jane Street, an estimated $6.1M added.
  • The largest First Trust NYSE Arca Biotechnology Index Fund seller in Q2 2024 was Wells Fargo, an estimated $8.61M sold.

Based on aggregated 13F filings for Q2 2024.