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First Trust NYSE Arca Biotechnology Index Fund

130 hedge funds and large institutions have $497M invested in First Trust NYSE Arca Biotechnology Index Fund in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

366% more call options, than puts

Call options by funds: $3.25M | Put options by funds: $698K

88% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 16

22% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 32

12% more funds holding

Funds holding: 116130 (+14)

11% more capital invested

Capital invested by funds: $447M → $497M (+$50M)

2.13% more ownership

Funds ownership: 38.77%40.9% (+2.1%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
130
Holders Change
+14
Holders Change %
+12.07%
% of All Funds
2.95%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
30
Increased
39
Reduced
32
Closed
16
Calls
$3.25M
Puts
$698K
Net Calls
+$2.55M
Net Calls Change
+$2.68M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$106M -$10.7M -86,852 -9%
Bank of America
2
Bank of America
North Carolina
$65.8M +$14M +113,662 +27%
Wells Fargo
3
Wells Fargo
California
$65.8M +$9.42M +76,218 +17%
UBS Group
4
UBS Group
Switzerland
$47.5M +$1.5M +12,165 +3%
CM
5
Churchill Management
California
$38.4M +$33.2M +268,797 +686%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$16M +$2.07M +16,722 +15%
RJA
7
Raymond James & Associates
Florida
$12.9M +$341K +2,763 +3%
LPL Financial
8
LPL Financial
California
$12.5M -$725K -5,872 -6%
Ameriprise
9
Ameriprise
Minnesota
$12.3M +$246K +1,994 +2%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$7.24M +$183K +1,478 +3%
HFM
11
Hartford Financial Management
Connecticut
$7.1M -$167K -1,348 -2%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$6.79M +$590K +4,772 +10%
MCWS
13
McKinley Carter Wealth Services
West Virginia
$6.44M +$96.6K +782 +2%
Goldman Sachs
14
Goldman Sachs
New York
$6.27M -$585K -4,731 -9%
RIA
15
RPG Investment Advisory
California
$4.58M -$157K -1,273 -3%
MIAN
16
Mariner Independent Advisor Network
Kansas
$4.26M +$4.23M +34,227 New
Stifel Financial
17
Stifel Financial
Missouri
$3.54M +$810K +6,559 +30%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$3.33M +$388K +3,141 +13%
OA
19
Oxbow Advisors
Texas
$3.23M -$52.5K -425 -2%
AA
20
Ancora Advisors
Ohio
$2.77M -$4.57K -37 -0.2%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$2.75M +$709K +5,737 +35%
HFS
22
HL Financial Services
Kentucky
$2.65M +$1.02M +8,269 +64%
SPC
23
Sigma Planning Corp
Michigan
$2.61M +$9.76K +79 +0.4%
TRCT
24
Tower Research Capital (TRC)
New York
$2.58M -$369K -2,985 -13%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$2.48M +$28.4K +230 +1%

FBT Hedge Fund Activity: Q4 2017 in Review

130 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust NYSE Arca Biotechnology Index Fund (FBT) for Q4 2017, worth a combined $497M — up 11% from $447M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FBT positions and 16 closed out — a net gain of 14 holders — while 39 added to existing stakes and 32 trimmed.

The largest buyer was Churchill Management, adding an estimated $33.2M. The largest seller was Morgan Stanley, cutting an estimated $10.7M.

  • 130 institutional investors held First Trust NYSE Arca Biotechnology Index Fund (FBT) as of Q4 2017, up from 116 in Q3 2017.
  • Funds reported $497M of First Trust NYSE Arca Biotechnology Index Fund stock for Q4 2017, up 11% quarter-over-quarter.
  • 30 funds opened new First Trust NYSE Arca Biotechnology Index Fund positions in Q4 2017 and 16 closed out, a net change of +14 holders.
  • The largest First Trust NYSE Arca Biotechnology Index Fund buyer in Q4 2017 was Churchill Management, an estimated $33.2M added.
  • The largest First Trust NYSE Arca Biotechnology Index Fund seller in Q4 2017 was Morgan Stanley, an estimated $10.7M sold.

Based on aggregated 13F filings for Q4 2017.