First Trust Water ETF
84 hedge funds and large institutions have $105M invested in First Trust Water ETF in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 13 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
0% more funds holding
Funds holding: 84 → 84 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
6.59% less ownership
Funds ownership: 43.55% → 36.96% (-6.6%)
24% less capital invested
Capital invested by funds: $139M → $105M (-$34.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.99M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.45M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.52M |
| 5 |
Morgan Stanley
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$19.9M |
| 2 |
FA
Forefront Analytics
West Conshohocken,
Pennsylvania
|
-$11.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.34M |
| 4 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$2.87M |
| 5 |
Jane Street
New York
|
-$1.94M |
FIW Hedge Fund Activity: Q4 2018 in Review
84 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Water ETF (FIW) for Q4 2018, worth a combined $105M — down 24% from $139M a quarter earlier.
Fund positioning in FIW was balanced in Q4 2018: 13 funds opened new positions, 13 closed out, 25 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $6M. The largest seller was Cornerstone Wealth Management, cutting an estimated $19.9M.
- 84 institutional investors held First Trust Water ETF (FIW) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $105M of First Trust Water ETF stock for Q4 2018, down 24% quarter-over-quarter.
- 13 funds opened new First Trust Water ETF positions in Q4 2018 and 13 closed out, a net change of 0 holders.
- The largest First Trust Water ETF buyer in Q4 2018 was Bank of America, an estimated $6M added.
- The largest First Trust Water ETF seller in Q4 2018 was Cornerstone Wealth Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q4 2018.