Nicholas Fixed Income Alternative ETF
FIAX
8 hedge funds and large institutions have $21.1M invested in Nicholas Fixed Income Alternative ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 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
14% more funds holding
Funds holding: 7 → 8 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $23.3M → $21.1M (-$2.24M)
9.83% less ownership
Funds ownership: 68.51% → 58.68% (-9.8%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$406K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$316K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$74.9K |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$74.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SMART Wealth
Omaha,
Nebraska
|
-$1.73M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.17M |
| 3 |
Jane Street
New York
|
-$90.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$53.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
1
AE Wealth Management
Topeka,
Kansas
| $14.9M | -$1.17M | -58,591 | -7% |
|
|
SW
2
SMART Wealth
Omaha,
Nebraska
| $3.87M | -$1.73M | -86,250 | -31% |
|
|
BCI
3
Brinker Capital Investments
Berwyn,
Pennsylvania
| $632K | +$74.9K | +3,745 | +13% |
|
|
OPS
4
Orion Portfolio Solutions
Omaha,
Nebraska
| $632K | +$74.9K | +3,745 | +13% |
|
|
5
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $405K | +$406K | +20,276 | New |
|
|
6
Jane Street
New York
| $334K | -$90.3K | -4,511 | -21% |
|
|
7
Citadel Advisors
Miami,
Florida
| $315K | +$316K | +15,780 | New |
|
|
IFAM
8
Institutional & Family Asset Management
Fort Collins,
Colorado
| $9.99K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$53.1K | -2,650 | Closed |
|
FIAX Hedge Fund Activity: Q2 2023 in Review
8 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Nicholas Fixed Income Alternative ETF (FIAX) for Q2 2023, worth a combined $21.1M — down 9.6% from $23.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FIAX positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $406K. The largest seller was SMART Wealth, cutting an estimated $1.73M.
- 8 institutional investors held Nicholas Fixed Income Alternative ETF (FIAX) as of Q2 2023, up from 7 in Q1 2023.
- Funds reported $21.1M of Nicholas Fixed Income Alternative ETF stock for Q2 2023, down 9.6% quarter-over-quarter.
- 2 funds opened new Nicholas Fixed Income Alternative ETF positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest Nicholas Fixed Income Alternative ETF buyer in Q2 2023 was Cambridge Investment Research Advisors, an estimated $406K added.
- The largest Nicholas Fixed Income Alternative ETF seller in Q2 2023 was SMART Wealth, an estimated $1.73M sold.
Based on aggregated 13F filings for Q2 2023.