FT Vest US Equity Buffer ETF November
FNOV
139 hedge funds and large institutions have $224M invested in FT Vest US Equity Buffer ETF November in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 56 reducing their positions, and 22 closing their positions.
9% less funds holding
Funds holding: 152 → 139 (-13)
9.04% less ownership
Funds ownership: 34.4% → 25.36% (-9%)
29% less capital invested
Capital invested by funds: $316M → $224M (-$91.2M)
46% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 56
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.5M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.93M |
| 3 |
AssetMark Inc
Concord,
California
|
+$1.87M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.74M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Altman Advisors
Chicago,
Illinois
|
-$14.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$14.2M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$14M |
| 4 |
MC
McCarthy & Cox
Marysville,
Ohio
|
-$13.4M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$10.8M |
FNOV Hedge Fund Activity: Q1 2025 in Review
139 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Equity Buffer ETF November (FNOV) for Q1 2025, worth a combined $224M — down 29% from $316M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FNOV and 10 opened new positions — a net loss of 12 holders — while 56 trimmed existing stakes and 30 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $2.5M. The largest seller was Altman Advisors, cutting an estimated $14.7M.
- 139 institutional investors held FT Vest US Equity Buffer ETF November (FNOV) as of Q1 2025, down from 152 in Q4 2024.
- Funds reported $224M of FT Vest US Equity Buffer ETF November stock for Q1 2025, down 29% quarter-over-quarter.
- 10 funds opened new FT Vest US Equity Buffer ETF November positions in Q1 2025 and 22 closed out, a net change of -12 holders.
- The largest FT Vest US Equity Buffer ETF November buyer in Q1 2025 was Commonwealth Equity Services, an estimated $2.5M added.
- The largest FT Vest US Equity Buffer ETF November seller in Q1 2025 was Altman Advisors, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2025.