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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
ATPW
176
Ashton Thomas Private Wealth
Arizona
$130K +$127K +846 New
CIBC Private Wealth Group
177
CIBC Private Wealth Group
Georgia
$120K +$93.6K +624 +390%
HIA
178
Harbor Investment Advisory
Maryland
$102K – – –
BEI
179
Benjamin Edwards Inc
Missouri
$92K – – –
Bessemer Group
180
Bessemer Group
New Jersey
$92K – – –
PTC
181
Private Trust Company
Ohio
$67.3K +$2.25K +15 +4%
GWM
182
Geneos Wealth Management
Colorado
$67K – – –
CAS
183
Coppell Advisory Solutions
Texas
$65.3K +$63.6K +424 New
CFD
184
Creative Financial Designs
Indiana
$64.4K -$43.2K -288 -41%
William Blair & Company
185
William Blair & Company
Illinois
$61.6K -$93.3K -622 -61%
CPA
186
Clear Point Advisors
New York
$60.8K – – –
AWM
187
Avior Wealth Management
Nebraska
$60.1K -$30K -200 -34%
CIAS
188
Capital Investment Advisory Services
North Carolina
$57.2K – – –
PO
189
Private Ocean
California
$56.8K – – –
EAM
190
Eukles Asset Management
Ohio
$55.7K -$750 -5 -1%
FFA
191
Founders Financial Alliance
North Carolina
$52.2K – – –
DWS
192
Dynamic Wealth Strategies
California
$49K – – –
DFA
193
DHJJ Financial Advisors
Illinois
$44.5K – – –
SIC
194
Salem Investment Counselors
North Carolina
$40K +$39K +260 New
SS
195
Sunbelt Securities
Texas
$38.3K -$40.2K -268 -52%
CMA
196
Cedar Mountain Advisors
Oregon
$37.3K – – –
WB
197
Webster Bank
Connecticut
$36.6K – – –
PS
198
Principal Securities
Iowa
$31K – – –
BWP
199
Baldwin Wealth Partners
Massachusetts
$30.8K – – –
IBOK
200
Independence Bank of Kentucky
Kentucky
$30.8K – – –
6 7
8
9 10

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.