First Trust Water ETF
260 hedge funds and large institutions have $818M invested in First Trust Water ETF in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 84 increasing their positions, 89 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
30% more capital invested
Capital invested by funds: $629M → $818M (+$189M)
9% more funds holding
Funds holding: 239 → 260 (+21)
6.7% more ownership
Funds ownership: 47.19% → 53.89% (+6.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$93.2M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$7.69M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$6.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.45M |
| 5 |
JP Morgan Chase
New York
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$7.22M |
| 2 |
Goldman Sachs
New York
|
-$4.22M |
| 3 |
MD
Money Design
Tokyo,
Japan
|
-$2.91M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.84M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.19M |
FIW Hedge Fund Activity: Q4 2023 in Review
260 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in First Trust Water ETF (FIW) for Q4 2023, worth a combined $818M — up 30% from $629M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FIW positions and 11 closed out — a net gain of 23 holders — while 84 added to existing stakes and 89 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $93.2M. The largest seller was MinichMacGregor Wealth Management, cutting an estimated $7.22M.
- 260 institutional investors held First Trust Water ETF (FIW) as of Q4 2023, up from 239 in Q3 2023.
- Funds reported $818M of First Trust Water ETF stock for Q4 2023, up 30% quarter-over-quarter.
- 34 funds opened new First Trust Water ETF positions in Q4 2023 and 11 closed out, a net change of +23 holders.
- The largest First Trust Water ETF buyer in Q4 2023 was Morgan Stanley, an estimated $93.2M added.
- The largest First Trust Water ETF seller in Q4 2023 was MinichMacGregor Wealth Management, an estimated $7.22M sold.
Based on aggregated 13F filings for Q4 2023.