First Trust US Equity Opportunities ETF
FPX
146 hedge funds and large institutions have $776M invested in First Trust US Equity Opportunities ETF in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 56 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
28% more capital invested
Capital invested by funds: $605M → $776M (+$171M)
10% more funds holding
Funds holding: 133 → 146 (+13)
4.76% more ownership
Funds ownership: 46.48% → 51.24% (+4.8%)
30% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$17.6M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$17.6M |
| 3 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$6.26M |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$5.17M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$5.03M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.98M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.82M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$2.44M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NWP
151
Northstar Wealth Partners
West Hartford,
Connecticut
| – | -$573K | -6,840 | Closed |
|
|
PPA
152
Parametric Portfolio Associates
Seattle,
Washington
| – | -$250K | -2,984 | Closed |
|
|
BRWM
153
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$243K | -2,900 | Closed |
|
|
NC
154
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$79K | -947 | Closed |
|
155
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$6K | -70 | Closed |
|
|
FWM
156
FSA Wealth Management
Needham,
Massachusetts
| – | -$4K | -51 | Closed |
|
FPX Hedge Fund Activity: Q3 2020 in Review
146 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q3 2020, worth a combined $776M — up 28% from $605M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FPX positions and 8 closed out — a net gain of 14 holders — while 39 added to existing stakes and 56 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $17.6M. The largest seller was Prospera Financial Services, cutting an estimated $5.03M.
- 146 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q3 2020, up from 133 in Q2 2020.
- Funds reported $776M of First Trust US Equity Opportunities ETF stock for Q3 2020, up 28% quarter-over-quarter.
- 22 funds opened new First Trust US Equity Opportunities ETF positions in Q3 2020 and 8 closed out, a net change of +14 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q3 2020 was AE Wealth Management, an estimated $17.6M added.
- The largest First Trust US Equity Opportunities ETF seller in Q3 2020 was Prospera Financial Services, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2020.