First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
32 hedge funds and large institutions have $33.9M invested in First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more funds holding
Funds holding: 28 → 32 (+4)
7% more capital invested
Capital invested by funds: $31.5M → $33.9M (+$2.35M)
3.17% less ownership
Funds ownership: 53.94% → 50.76% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$479K |
| 2 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$416K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$410K |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$376K |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$452K |
| 2 |
LPL Financial
San Diego,
California
|
-$156K |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$86K |
| 4 |
GWSG
GPS Wealth Strategies Group
Centennial,
Colorado
|
-$62.9K |
| 5 |
PWS
Proactive Wealth Strategies
Marietta,
Georgia
|
-$44.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
26
Triumph Capital Management
Denver,
Colorado
| $11.5K | +$11.4K | +500 | New |
|
|
HWP
27
Highline Wealth Partners
Sherman Oaks,
California
| $3.45K | +$3.42K | +150 | New |
|
|
TSMHT
28
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| $3.01K | +$2.98K | +131 | New |
|
|
LWMI
29
Legacy Wealth Management (Idaho)
Boise,
Idaho
| $368 | – | – | – |
|
|
FHA
30
Flagship Harbor Advisors
Boston,
Massachusetts
| $115 | +$114 | +5 | New |
|
|
DWM
31
Darwin Wealth Management
Tampa,
Florida
| $114 | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $23 | – | – | – |
|
|
AAS
33
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$86K | -3,758 | Closed |
|
|
GWSG
34
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$62.9K | -2,748 | Closed |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| – | -$11.4K | -500 | Closed |
|
FCEF Hedge Fund Activity: Q4 2025 in Review
32 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF (FCEF) for Q4 2025, worth a combined $33.9M — up 7.4% from $31.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FCEF positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $479K. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $452K.
- 32 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF (FCEF) as of Q4 2025, up from 28 in Q3 2025.
- Funds reported $33.9M of First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF stock for Q4 2025, up 7.4% quarter-over-quarter.
- 7 funds opened new First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF positions in Q4 2025 and 3 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF buyer in Q4 2025 was Commonwealth Equity Services, an estimated $479K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF seller in Q4 2025 was Cambridge Investment Research Advisors, an estimated $452K sold.
Based on aggregated 13F filings for Q4 2025.