First Trust Water ETF
266 hedge funds and large institutions have $796M invested in First Trust Water ETF in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 108 increasing their positions, 70 reducing their positions, and 22 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 70
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 22
2% more funds holding
Funds holding: 260 → 266 (+6)
3% less capital invested
Capital invested by funds: $818M → $796M (-$21.2M)
4.01% less ownership
Funds ownership: 53.89% → 49.88% (-4%)
68% less call options, than puts
Call options by funds: $245K | Put options by funds: $776K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$25.3M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$6.35M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.88M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.4M |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$110M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.88M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.38M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.04M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.72M |
FIW Hedge Fund Activity: Q1 2024 in Review
266 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust Water ETF (FIW) for Q1 2024, worth a combined $796M — down 2.6% from $818M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FIW positions and 22 closed out — a net gain of 11 holders — while 108 added to existing stakes and 70 trimmed.
The largest buyer was Global Assets Advisory, opening a new position worth an estimated $25.3M. The largest seller was Morgan Stanley, cutting an estimated $110M.
- 266 institutional investors held First Trust Water ETF (FIW) as of Q1 2024, up from 260 in Q4 2023.
- Funds reported $796M of First Trust Water ETF stock for Q1 2024, down 2.6% quarter-over-quarter.
- 33 funds opened new First Trust Water ETF positions in Q1 2024 and 22 closed out, a net change of +11 holders.
- The largest First Trust Water ETF buyer in Q1 2024 was Global Assets Advisory, an estimated $25.3M added.
- The largest First Trust Water ETF seller in Q1 2024 was Morgan Stanley, an estimated $110M sold.
Based on aggregated 13F filings for Q1 2024.