FormulaFolios Smart Growth ETF
FFSG
FFSG was delisted on the 6th of October, 2023.
5 hedge funds and large institutions have $18.9M invested in FormulaFolios Smart Growth ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
14% less capital invested
Capital invested by funds: $21.9M → $18.9M (-$3.07M)
38% less funds holding
Funds holding: 8 → 5 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$25.1K |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$22.8K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.98M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$762K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$527K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$49.4K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$46.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
1
Brookstone Capital Management
Wheaton,
Illinois
| $18.6M | -$1.98M | -62,815 | -10% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $253K | -$46.6K | -1,479 | -16% |
|
|
LFG
3
Larson Financial Group
St Louis,
Missouri
| $37.1K | +$25.1K | +796 | +208% |
|
|
GI
4
Gradient Investments
Arden Hills,
Minnesota
| $22.7K | +$22.8K | +722 | New |
|
|
5
Wells Fargo
San Francisco,
California
| $10.5K | +$3.4K | +108 | +48% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$762K | -24,804 | Closed |
|
|
7
Citadel Advisors
Miami,
Florida
| – | -$527K | -17,164 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$49.4K | -1,608 | Closed |
|
9
Fidelity Investments
Boston,
Massachusetts
| – | -$31 | -1 | Closed |
|
FFSG Hedge Fund Activity: Q1 2023 in Review
5 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FormulaFolios Smart Growth ETF (FFSG) for Q1 2023, worth a combined $18.9M — down 14% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FFSG and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Larson Financial Group, adding an estimated $25.1K. The largest seller was Brookstone Capital Management, cutting an estimated $1.98M.
- 5 institutional investors held FormulaFolios Smart Growth ETF (FFSG) as of Q1 2023, down from 8 in Q4 2022.
- Funds reported $18.9M of FormulaFolios Smart Growth ETF stock for Q1 2023, down 14% quarter-over-quarter.
- 1 fund opened new FormulaFolios Smart Growth ETF positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest FormulaFolios Smart Growth ETF buyer in Q1 2023 was Larson Financial Group, an estimated $25.1K added.
- The largest FormulaFolios Smart Growth ETF seller in Q1 2023 was Brookstone Capital Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q1 2023.