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First Trust NYSE Arca Biotechnology Index Fund

257 hedge funds and large institutions have $576M invested in First Trust NYSE Arca Biotechnology Index Fund in 2024 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 55 increasing their positions, 97 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

8% more capital invested

Capital invested by funds: $536M → $576M (+$40.6M)

3.26% more ownership

Funds ownership: 48.69%51.95% (+3.3%)

2% more funds holding

Funds holding: 251257 (+6)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

43% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 97

Holders
257
Holders Change
+6
Holders Change %
+2.39%
% of All Funds
3.69%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
32
Increased
55
Reduced
97
Closed
23
Calls
$4.38M
Puts
Net Calls
+$4.38M
Net Calls Change
+$1.44M
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
151
Snowden Capital Advisors
New York
$282K -$113K -680 -29%
FAM
152
Family Asset Management
South Carolina
$279K
SB
153
Strategic Blueprint
Georgia
$274K -$14.2K -86 -5%
FAIM
154
Financial Advocates Investment Management
Washington
$270K -$2.98K -18 -1%
SFP
155
Shepherd Financial Partners
Massachusetts
$269K
EC
156
EdgeRock Capital
Colorado
$269K +$259K +1,564 New
CPIA
157
Cornell Pochily Investment Advisors
New York
$268K -$3.31K -20 -1%
SWA
158
Stratos Wealth Advisors
Ohio
$262K +$252K +1,522 New
NPFS
159
Novak & Powell Financial Services
Florida
$260K
GIA
160
Gladstone Institutional Advisory
Florida
$253K -$67.4K -407 -22%
KA
161
Kovack Advisors
Florida
$250K -$66.4K -401 -22%
WIP
162
WealthCare Investment Partners
Rhode Island
$249K -$12.7K -77 -5%
MWM
163
MGB Wealth Management
Texas
$242K -$166K -1,000 -42%
TA
164
TFG Advisers
Michigan
$242K
TSS
165
Two Sigma Securities
New York
$241K -$258K -1,559 -53%
JCM
166
Jacobi Capital Management
Pennsylvania
$241K
Bank of Montreal
167
Bank of Montreal
Ontario, Canada
$240K
RWS
168
Resolute Wealth Strategies
Mississippi
$231K -$12.4K -75 -5%
HAG
169
HF Advisory Group
Maryland
$228K -$828 -5 -0.4%
BPWM
170
Black Point Wealth Management
Florida
$227K -$145K -878 -40%
PA
171
PFG Advisors
Arizona
$220K -$12.1K -73 -5%
GRP
172
Global Retirement Partners
California
$215K -$37.4K -226 -15%
IWM
173
IHT Wealth Management
Illinois
$215K +$207K +1,251 New
WAM
174
Walker Asset Management
Missouri
$211K +$203K +1,226 New
MSFS
175
Main Street Financial Solutions
Pennsylvania
$210K +$202K +1,219 New

FBT Hedge Fund Activity: Q3 2024 in Review

257 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust NYSE Arca Biotechnology Index Fund (FBT) for Q3 2024, worth a combined $576M — up 7.6% from $536M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new FBT positions and 23 closed out — a net gain of 9 holders — while 55 added to existing stakes and 97 trimmed.

The largest buyer was International Assets Investment Management, adding an estimated $30.5M. The largest seller was Wells Fargo, cutting an estimated $30.3M.

  • 257 institutional investors held First Trust NYSE Arca Biotechnology Index Fund (FBT) as of Q3 2024, up from 251 in Q2 2024.
  • Funds reported $576M of First Trust NYSE Arca Biotechnology Index Fund stock for Q3 2024, up 7.6% quarter-over-quarter.
  • 32 funds opened new First Trust NYSE Arca Biotechnology Index Fund positions in Q3 2024 and 23 closed out, a net change of +9 holders.
  • The largest First Trust NYSE Arca Biotechnology Index Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $30.5M added.
  • The largest First Trust NYSE Arca Biotechnology Index Fund seller in Q3 2024 was Wells Fargo, an estimated $30.3M sold.

Based on aggregated 13F filings for Q3 2024.