First Trust Water ETF
307 hedge funds and large institutions have $889M invested in First Trust Water ETF in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 140 increasing their positions, 94 reducing their positions, and 17 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 94
14% more call options, than puts
Call options by funds: $1.09M | Put options by funds: $959K
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
0.62% less ownership
Funds ownership: 50.34% → 49.72% (-0.62%)
2% less funds holding
Funds holding: 313 → 307 (-6)
7% less capital invested
Capital invested by funds: $957M → $889M (-$67.6M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.88M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.53M |
| 3 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$3.83M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.25M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$13.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$8.59M |
| 3 |
Morgan Stanley
New York
|
-$5.62M |
| 4 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$2.92M |
| 5 |
Jane Street
New York
|
-$2.6M |
FIW Hedge Fund Activity: Q1 2026 in Review
307 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in First Trust Water ETF (FIW) for Q1 2026, worth a combined $889M — down 7.1% from $957M a quarter earlier.
Fund positioning in FIW was balanced in Q1 2026: 17 funds opened new positions, 17 closed out, 140 added to existing stakes and 94 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $5.88M. The largest seller was Arax Advisory Partners, cutting an estimated $13.2M.
- 307 institutional investors held First Trust Water ETF (FIW) as of Q1 2026, down from 313 in Q4 2025.
- Funds reported $889M of First Trust Water ETF stock for Q1 2026, down 7.1% quarter-over-quarter.
- 17 funds opened new First Trust Water ETF positions in Q1 2026 and 17 closed out, a net change of 0 holders.
- The largest First Trust Water ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $5.88M added.
- The largest First Trust Water ETF seller in Q1 2026 was Arax Advisory Partners, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2026.