First Trust US Equity Opportunities ETF
FPX
76 hedge funds and large institutions have $180M invested in First Trust US Equity Opportunities ETF in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 39 reducing their positions, and 18 closing their positions.
9.72% less ownership
Funds ownership: 40.19% → 30.48% (-9.7%)
17% less funds holding
Funds holding: 92 → 76 (-16)
43% less capital invested
Capital invested by funds: $317M → $180M (-$138M)
46% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 39
83% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$26M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$18.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$14.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.3M |
FPX Hedge Fund Activity: Q1 2016 in Review
76 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q1 2016, worth a combined $180M — down 43% from $317M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FPX and 3 opened new positions — a net loss of 15 holders — while 39 trimmed existing stakes and 21 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $1.29M. The largest seller was Bank of Montreal, exiting entirely with an estimated $26M sold.
- 76 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q1 2016, down from 92 in Q4 2015.
- Funds reported $180M of First Trust US Equity Opportunities ETF stock for Q1 2016, down 43% quarter-over-quarter.
- 3 funds opened new First Trust US Equity Opportunities ETF positions in Q1 2016 and 18 closed out, a net change of -15 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q1 2016 was Tower Research Capital (TRC), an estimated $1.29M added.
- The largest First Trust US Equity Opportunities ETF seller in Q1 2016 was Bank of Montreal, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2016.