FormulaFolios Smart Growth ETF
FFSG
FFSG was delisted on the 6th of October, 2023.
7 hedge funds and large institutions have $38.5M invested in FormulaFolios Smart Growth ETF in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
75% more funds holding
Funds holding: 4 → 7 (+3)
41% more capital invested
Capital invested by funds: $27.3M → $38.5M (+$11.2M)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$9.45M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$564K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$240K |
| 4 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$6.49K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$325K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FI
1
FormulaFolio Investments
Grand Rapids,
Michigan
| $37.7M | +$9.45M | +353,577 | +33% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $561K | +$564K | +21,115 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $239K | +$240K | +8,990 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $20K | -$3.15K | -118 | -13% |
|
|
ADL
5
Asset Dedication LLC
San Francisco,
California
| $13K | – | – | – |
|
|
GI
6
Gradient Investments
Arden Hills,
Minnesota
| $6K | +$6.49K | +243 | New |
|
|
NFSG
7
Newbridge Financial Services Group
Boca Raton,
Florida
| $3K | +$2.62K | +98 | New |
|
|
8
Jane Street
New York
| – | -$325K | -12,831 | Closed |
|
FFSG Hedge Fund Activity: Q3 2020 in Review
7 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FormulaFolios Smart Growth ETF (FFSG) for Q3 2020, worth a combined $38.5M — up 41% from $27.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FFSG positions and 1 closed out — a net gain of 3 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $9.45M. The largest seller was Jane Street, exiting entirely with an estimated $325K sold.
- 7 institutional investors held FormulaFolios Smart Growth ETF (FFSG) as of Q3 2020, up from 4 in Q2 2020.
- Funds reported $38.5M of FormulaFolios Smart Growth ETF stock for Q3 2020, up 41% quarter-over-quarter.
- 4 funds opened new FormulaFolios Smart Growth ETF positions in Q3 2020 and 1 closed out, a net change of +3 holders.
- The largest FormulaFolios Smart Growth ETF buyer in Q3 2020 was FormulaFolio Investments, an estimated $9.45M added.
- The largest FormulaFolios Smart Growth ETF seller in Q3 2020 was Jane Street, an estimated $325K sold.
Based on aggregated 13F filings for Q3 2020.