First Trust US Equity Opportunities ETF
FPX
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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1.39% more ownership
Funds ownership: 46.06% → 47.45% (+1.4%)
6% less funds holding
Funds holding: 143 → 135 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$41.1M |
| 2 |
TC
Trilogy Capital
Irvine,
California
|
+$5.99M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$4.29M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.65M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$20.5M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$15.1M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$6.43M |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$4.48M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
151
tru Independence
Portland,
Oregon
| – | -$84K | -1,335 | Closed |
|
|
CTC
152
Central Trust Company
Jefferson City,
Missouri
| – | -$76K | -950 | Closed |
|
|
EW
153
Evoke Wealth
Los Angeles,
California
| – | -$66.8K | -784 | Closed |
|
|
TCWM
154
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$40K | -500 | Closed |
|
155
William Blair & Company
Chicago,
Illinois
| – | -$36K | -447 | Closed |
|
|
JCM
156
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$20K | -246 | Closed |
|
|
AF
157
Advisornet Financial
Minnetonka,
Minnesota
| – | -$8K | -100 | Closed |
|
|
FMII
158
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$4K | -50 | Closed |
|
|
PMFA
159
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3K | -33 | Closed |
|
|
SHWM
160
Silicon Hills Wealth Management
Austin,
Texas
| – | -$90 | -1 | Closed |
|
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.