FT Vest US Equity Buffer ETF November
FNOV
98 hedge funds and large institutions have $158M invested in FT Vest US Equity Buffer ETF November in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 36 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
7% more funds holding
Funds holding: 92 → 98 (+6)
16.97% less ownership
Funds ownership: 63.84% → 46.87% (-17%)
26% less capital invested
Capital invested by funds: $212M → $158M (-$54.5M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
39% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MW
MBL Wealth
Charlotte,
North Carolina
|
+$8.44M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$2.09M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.31M |
| 4 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$1.11M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
PRW Wealth Management
Quincy,
Massachusetts
|
-$46.1M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$14.2M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.9M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$3.85M |
| 5 |
EFL
ERn Financial LLC
Middleton,
Wisconsin
|
-$3.24M |
FNOV Hedge Fund Activity: Q1 2023 in Review
98 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Equity Buffer ETF November (FNOV) for Q1 2023, worth a combined $158M — down 26% from $212M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FNOV positions and 8 closed out — a net gain of 8 holders — while 22 added to existing stakes and 36 trimmed.
The largest buyer was MBL Wealth, opening a new position worth an estimated $8.44M. The largest seller was PRW Wealth Management, cutting an estimated $46.1M.
- 98 institutional investors held FT Vest US Equity Buffer ETF November (FNOV) as of Q1 2023, up from 92 in Q4 2022.
- Funds reported $158M of FT Vest US Equity Buffer ETF November stock for Q1 2023, down 26% quarter-over-quarter.
- 16 funds opened new FT Vest US Equity Buffer ETF November positions in Q1 2023 and 8 closed out, a net change of +8 holders.
- The largest FT Vest US Equity Buffer ETF November buyer in Q1 2023 was MBL Wealth, an estimated $8.44M added.
- The largest FT Vest US Equity Buffer ETF November seller in Q1 2023 was PRW Wealth Management, an estimated $46.1M sold.
Based on aggregated 13F filings for Q1 2023.