First Trust US Equity Opportunities ETF
FPX
166 hedge funds and large institutions have $402M invested in First Trust US Equity Opportunities ETF in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 24 increasing their positions, 79 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
34% more call options, than puts
Call options by funds: $115K | Put options by funds: $86K
22% more capital invested
Capital invested by funds: $331M → $402M (+$71.1M)
9% more funds holding
Funds holding: 152 → 166 (+14)
5.82% more ownership
Funds ownership: 47.57% → 53.39% (+5.8%)
70% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.9M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$2.56M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.64M |
| 4 |
CCP
Cassia Capital Partners
Winston Salem,
North Carolina
|
+$1.4M |
| 5 |
CA
Calton & Associates
Tampa,
Florida
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
-$6.35M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$5.38M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$4.63M |
| 4 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
-$4.01M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.49M |
FPX Hedge Fund Activity: Q4 2023 in Review
166 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q4 2023, worth a combined $402M — up 22% from $331M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FPX positions and 9 closed out — a net gain of 15 holders — while 24 added to existing stakes and 79 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $52.9M. The largest seller was Ethos Financial Group, exiting entirely with an estimated $6.35M sold.
- 166 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q4 2023, up from 152 in Q3 2023.
- Funds reported $402M of First Trust US Equity Opportunities ETF stock for Q4 2023, up 22% quarter-over-quarter.
- 24 funds opened new First Trust US Equity Opportunities ETF positions in Q4 2023 and 9 closed out, a net change of +15 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q4 2023 was Morgan Stanley, an estimated $52.9M added.
- The largest First Trust US Equity Opportunities ETF seller in Q4 2023 was Ethos Financial Group, an estimated $6.35M sold.
Based on aggregated 13F filings for Q4 2023.