First Trust Water ETF
295 hedge funds and large institutions have $949M invested in First Trust Water ETF in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 119 increasing their positions, 86 reducing their positions, and 23 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 86
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
1% more capital invested
Capital invested by funds: $937M → $949M (+$11.7M)
0% less funds holding
Funds holding: 296 → 295 (-1)
1.39% less ownership
Funds ownership: 50.58% → 49.19% (-1.4%)
61% less call options, than puts
Call options by funds: $247K | Put options by funds: $640K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPIME
Evelyn Partners Investment Management (Europe)
Dublin,
|
+$20.4M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$8.27M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$4.45M |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$3.99M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$19.5M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$13M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$11.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.35M |
| 5 |
Morgan Stanley
New York
|
-$4.66M |
FIW Hedge Fund Activity: Q3 2025 in Review
295 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in First Trust Water ETF (FIW) for Q3 2025, worth a combined $949M — up 1.2% from $937M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FIW positions and 23 closed out — a net gain of 3 holders — while 119 added to existing stakes and 86 trimmed.
The largest buyer was Evelyn Partners Investment Management (Europe), adding an estimated $20.4M. The largest seller was Arax Advisory Partners, exiting entirely with an estimated $19.5M sold.
- 295 institutional investors held First Trust Water ETF (FIW) as of Q3 2025, down from 296 in Q2 2025.
- Funds reported $949M of First Trust Water ETF stock for Q3 2025, up 1.2% quarter-over-quarter.
- 26 funds opened new First Trust Water ETF positions in Q3 2025 and 23 closed out, a net change of +3 holders.
- The largest First Trust Water ETF buyer in Q3 2025 was Evelyn Partners Investment Management (Europe), an estimated $20.4M added.
- The largest First Trust Water ETF seller in Q3 2025 was Arax Advisory Partners, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2025.