We are live on ! Find out more
FBT icon

First Trust NYSE Arca Biotechnology Index Fund

243 hedge funds and large institutions have $559M invested in First Trust NYSE Arca Biotechnology Index Fund in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 60 increasing their positions, 97 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% less funds holding

Funds holding: 257243 (-14)

12.66% less ownership

Funds ownership: 60.21%47.55% (-13%)

25% less capital invested

Capital invested by funds: $746M → $559M (-$187M)

36% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 28

38% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 97

Holders
243
Holders Change
-14
Holders Change %
-5.45%
% of All Funds
3.5%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
18
Increased
60
Reduced
97
Closed
28
Calls
$2.31M
Puts
Net Calls
+$2.31M
Net Calls Change
+$1.36M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$71.9M -$143M -938,344 -67%
Wells Fargo
2
Wells Fargo
California
$66.2M +$5.2M +34,083 +9%
LPL Financial
3
LPL Financial
California
$38.5M +$11.8M +77,701 +45%
Bank of America
4
Bank of America
North Carolina
$37M -$3.32M -21,742 -8%
UBS Group
5
UBS Group
Switzerland
$35.8M +$550K +3,607 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$26.6M -$7.56M -49,560 -22%
BFG
7
Berger Financial Group
Minnesota
$22.7M +$3.95M +25,907 +21%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$18.4M -$12.3M -80,762 -40%
RJA
9
Raymond James & Associates
Florida
$17.1M -$2.12M -13,879 -11%
Osaic Holdings
10
Osaic Holdings
Arizona
$9.59M -$3.56M -23,369 -27%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$8.86M -$216K -1,415 -2%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$7.92M -$482K -3,162 -6%
AAS
13
Ameritas Advisory Services
Nebraska
$7.47M +$193K +1,263 +3%
Truist Financial
14
Truist Financial
North Carolina
$6.5M +$383K +2,515 +6%
Stifel Financial
15
Stifel Financial
Missouri
$5.96M +$139K +910 +2%
DADC
16
D.A. Davidson & Co
Montana
$5.87M -$125K -821 -2%
HFM
17
Hartford Financial Management
Connecticut
$5.22M +$39K +256 +0.8%
TWC
18
TD Waterhouse Canada
Ontario, Canada
$4.93M +$4.75M +31,142 New
IWC
19
Integrated Wealth Concepts
Massachusetts
$4.9M -$112K -732 -2%
Ameriprise
20
Ameriprise
Minnesota
$4.84M -$72.1K -473 -1%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$4.8M +$901K +5,908 +23%
YC
22
Yarbrough Capital
Tennessee
$4.79M
MIG
23
McGuire Investment Group
Rhode Island
$4.73M +$251K +1,648 +6%
MML Investors Services
24
MML Investors Services
Massachusetts
$4.21M +$403K +2,641 +11%
IAA
25
Independent Advisor Alliance
North Carolina
$4.16M +$172K +1,131 +4%

FBT Hedge Fund Activity: Q1 2024 in Review

243 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust NYSE Arca Biotechnology Index Fund (FBT) for Q1 2024, worth a combined $559M — down 25% from $746M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of FBT and 18 opened new positions — a net loss of 10 holders — while 97 trimmed existing stakes and 60 added.

The largest buyer was LPL Financial, adding an estimated $11.8M. The largest seller was Morgan Stanley, cutting an estimated $143M.

  • 243 institutional investors held First Trust NYSE Arca Biotechnology Index Fund (FBT) as of Q1 2024, down from 257 in Q4 2023.
  • Funds reported $559M of First Trust NYSE Arca Biotechnology Index Fund stock for Q1 2024, down 25% quarter-over-quarter.
  • 18 funds opened new First Trust NYSE Arca Biotechnology Index Fund positions in Q1 2024 and 28 closed out, a net change of -10 holders.
  • The largest First Trust NYSE Arca Biotechnology Index Fund buyer in Q1 2024 was LPL Financial, an estimated $11.8M added.
  • The largest First Trust NYSE Arca Biotechnology Index Fund seller in Q1 2024 was Morgan Stanley, an estimated $143M sold.

Based on aggregated 13F filings for Q1 2024.