FormulaFolios Smart Growth ETF
FFSG
FFSG was delisted on the 6th of October, 2023.
6 hedge funds and large institutions have $17.6M invested in FormulaFolios Smart Growth ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
20% more funds holding
Funds holding: 5 → 6 (+1)
7% less capital invested
Capital invested by funds: $18.9M → $17.6M (-$1.25M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$226K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$32 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.74M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$54.2K |
| 3 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$23.4K |
| 4 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$22.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
1
Brookstone Capital Management
Wheaton,
Illinois
| $17.2M | -$1.74M | -55,091 | -9% |
|
|
2
Morgan Stanley
New York
| $233K | +$226K | +7,156 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $205K | -$54.2K | -1,718 | -21% |
|
|
LFG
4
Larson Financial Group
St Louis,
Missouri
| $14.2K | -$23.4K | -741 | -63% |
|
5
Wells Fargo
San Francisco,
California
| $10.9K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $33 | +$32 | +1 | New |
|
|
GI
7
Gradient Investments
Arden Hills,
Minnesota
| – | -$22.7K | -722 | Closed |
|
FFSG Hedge Fund Activity: Q2 2023 in Review
6 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FormulaFolios Smart Growth ETF (FFSG) for Q2 2023, worth a combined $17.6M — down 6.6% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FFSG positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $226K. The largest seller was Brookstone Capital Management, cutting an estimated $1.74M.
- 6 institutional investors held FormulaFolios Smart Growth ETF (FFSG) as of Q2 2023, up from 5 in Q1 2023.
- Funds reported $17.6M of FormulaFolios Smart Growth ETF stock for Q2 2023, down 6.6% quarter-over-quarter.
- 2 funds opened new FormulaFolios Smart Growth ETF positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest FormulaFolios Smart Growth ETF buyer in Q2 2023 was Morgan Stanley, an estimated $226K added.
- The largest FormulaFolios Smart Growth ETF seller in Q2 2023 was Brookstone Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2023.