First Trust US Equity Opportunities ETF
FPX
162 hedge funds and large institutions have $360M invested in First Trust US Equity Opportunities ETF in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 83 reducing their positions, and 16 closing their positions.
2% less funds holding
Funds holding: 166 → 162 (-4)
6.76% less ownership
Funds ownership: 53.39% → 46.63% (-6.8%)
10% less capital invested
Capital invested by funds: $402M → $360M (-$41.6M)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAG
SageView Advisory Group
Newport Beach,
California
|
+$7.07M |
| 2 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$7.05M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.83M |
| 4 |
CCA
Cottonwood Capital Advisors
Salt Lake City,
Utah
|
+$2.51M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$67.8M |
| 2 |
ACA
Ascension Capital Advisors
Houston,
Texas
|
-$4.34M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$3.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.03M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.38M |
FPX Hedge Fund Activity: Q1 2024 in Review
162 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q1 2024, worth a combined $360M — down 10% from $402M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FPX and 14 opened new positions — a net loss of 2 holders — while 83 trimmed existing stakes and 30 added.
The largest buyer was SageView Advisory Group, opening a new position worth an estimated $7.07M. The largest seller was Morgan Stanley, cutting an estimated $67.8M.
- 162 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q1 2024, down from 166 in Q4 2023.
- Funds reported $360M of First Trust US Equity Opportunities ETF stock for Q1 2024, down 10% quarter-over-quarter.
- 14 funds opened new First Trust US Equity Opportunities ETF positions in Q1 2024 and 16 closed out, a net change of -2 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q1 2024 was SageView Advisory Group, an estimated $7.07M added.
- The largest First Trust US Equity Opportunities ETF seller in Q1 2024 was Morgan Stanley, an estimated $67.8M sold.
Based on aggregated 13F filings for Q1 2024.