First Trust Water ETF
313 hedge funds and large institutions have $957M invested in First Trust Water ETF in 2025 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 121 increasing their positions, 82 reducing their positions, and 29 closing their positions.
76% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 29
48% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 82
6% more funds holding
Funds holding: 295 → 313 (+18)
1.15% more ownership
Funds ownership: 49.19% → 50.34% (+1.2%)
1% more capital invested
Capital invested by funds: $949M → $957M (+$8.23M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
64% less call options, than puts
Call options by funds: $869K | Put options by funds: $2.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$20.9M |
| 2 |
PL
Polianta Ltd
St Helier,
Jersey
|
+$13.8M |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$12.1M |
| 4 |
HAG
HighPoint Advisor Group
Downers Grove,
Illinois
|
+$5.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPIME
Evelyn Partners Investment Management (Europe)
Dublin,
|
-$20.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.26M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.87M |
| 4 |
OC
Oppenheimer & Co
New York
|
-$3.63M |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$3.37M |
FIW Hedge Fund Activity: Q4 2025 in Review
313 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in First Trust Water ETF (FIW) for Q4 2025, worth a combined $957M — up 0.87% from $949M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FIW positions and 29 closed out — a net gain of 22 holders — while 121 added to existing stakes and 82 trimmed.
The largest buyer was Arax Advisory Partners, opening a new position worth an estimated $20.9M. The largest seller was Evelyn Partners Investment Management (Europe), cutting an estimated $20.7M.
- 313 institutional investors held First Trust Water ETF (FIW) as of Q4 2025, up from 295 in Q3 2025.
- Funds reported $957M of First Trust Water ETF stock for Q4 2025, up 0.87% quarter-over-quarter.
- 51 funds opened new First Trust Water ETF positions in Q4 2025 and 29 closed out, a net change of +22 holders.
- The largest First Trust Water ETF buyer in Q4 2025 was Arax Advisory Partners, an estimated $20.9M added.
- The largest First Trust Water ETF seller in Q4 2025 was Evelyn Partners Investment Management (Europe), an estimated $20.7M sold.
Based on aggregated 13F filings for Q4 2025.