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First Trust US Equity Opportunities ETF

135 hedge funds and large institutions have $469M invested in First Trust US Equity Opportunities ETF in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

1.39% more ownership

Funds ownership: 46.06%47.45% (+1.4%)

6% less funds holding

Funds holding: 143135 (-8)

19% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 54

22% less capital invested

Capital invested by funds: $602M → $469M (-$133M)

25% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 24

Holders
135
Holders Change
-8
Holders Change %
-5.59%
% of All Funds
2.97%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
18
Increased
44
Reduced
54
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JMPWA
26
JP Morgan Private Wealth Advisors
California
$2.46M -$3.39M -43,919 -53%
SI
27
Stephens Inc
Arkansas
$2.41M -$235K -3,048 -7%
PWM
28
Provident Wealth Management
Tennessee
$2.27M -$52K -674 -2%
Baird Financial Group
29
Baird Financial Group
Wisconsin
$2.23M +$600K +7,771 +28%
WS
30
Wedbush Securities
California
$1.97M -$58K -752 -2%
Citadel Advisors
31
Citadel Advisors
Florida
$1.73M +$734K +9,511 +53%
CAN
32
Cetera Advisor Networks
California
$1.63M -$1.7K -22 -0.1%
MML Investors Services
33
MML Investors Services
Massachusetts
$1.62M -$541K -7,009 -21%
CPIG
34
Chicago Partners Investment Group
Illinois
$1.59M -$241K -3,128 -12%
TRCT
35
Tower Research Capital (TRC)
New York
$1.52M +$1.15M +14,902 +160%
BFEC
36
Benjamin F. Edwards & Company
Missouri
$1.38M +$1.77K +23 +0.1%
CBFP
37
Cedar Brook Financial Partners
Ohio
$1.3M +$194K +2,520 +14%
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$1.27M +$110K +1,427 +8%
ACA
39
Ascension Capital Advisors
Texas
$1.27M -$9.57K -124 -0.6%
CWM
40
Cornerstone Wealth Management
Missouri
$1.23M +$159K +2,055 +12%
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$1.2M +$512K +6,635 +54%
SWAG
42
Spectrum Wealth Advisory Group
California
$1.19M -$149K -1,925 -9%
MAFM
43
Mid Atlantic Financial Management
Pennsylvania
$1.19M -$199K -2,578 -12%
NFG
44
Next Financial Group
Texas
$1.13M -$13.4K -174 -1%
KA
45
Kovack Advisors
Florida
$1.06M +$685K +8,876 +112%
CA
46
Cetera Advisors
Colorado
$1.02M -$765K -9,906 -38%
OC
47
Oppenheimer & Co
New York
$966K -$4.4K -57 -0.4%
SPIA
48
Steward Partners Investment Advisory
New York
$945K -$137K -1,777 -11%
NAM
49
NTV Asset Management
West Virginia
$902K +$77 +1 +0%
CAAS
50
Capital Asset Advisory Services
Michigan
$865K +$45K +583 +5%

FPX Hedge Fund Activity: Q1 2020 in Review

135 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q1 2020, worth a combined $469M — down 22% from $602M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of FPX and 18 opened new positions — a net loss of 6 holders — while 54 trimmed existing stakes and 44 added.

The largest buyer was Morgan Stanley, adding an estimated $41.1M. The largest seller was Bank of America, cutting an estimated $20.5M.

  • 135 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q1 2020, down from 143 in Q4 2019.
  • Funds reported $469M of First Trust US Equity Opportunities ETF stock for Q1 2020, down 22% quarter-over-quarter.
  • 18 funds opened new First Trust US Equity Opportunities ETF positions in Q1 2020 and 24 closed out, a net change of -6 holders.
  • The largest First Trust US Equity Opportunities ETF buyer in Q1 2020 was Morgan Stanley, an estimated $41.1M added.
  • The largest First Trust US Equity Opportunities ETF seller in Q1 2020 was Bank of America, an estimated $20.5M sold.

Based on aggregated 13F filings for Q1 2020.