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First Trust US Equity Opportunities ETF

89 hedge funds and large institutions have $370M invested in First Trust US Equity Opportunities ETF in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 15

88% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 8

9% more funds holding

Funds holding: 8289 (+7)

27% less capital invested

Capital invested by funds: $505M → $370M (-$136M)

54.92% less ownership

Funds ownership: 99.37%44.46% (-55%)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
89
Holders Change
+7
Holders Change %
+8.54%
% of All Funds
2.22%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
44
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$69.6M +$8.28M +140,844 +14%
Citigroup
2
Citigroup
New York
$64.2M +$62.6M +1,064,900 +10,006%
Wells Fargo
3
Wells Fargo
California
$35.5M +$8.85M +150,503 +34%
LPL Financial
4
LPL Financial
California
$29.9M +$1.19M +20,301 +4%
Bank of America
5
Bank of America
North Carolina
$29.7M +$4.34M +73,852 +17%
UBS Group
6
UBS Group
Switzerland
$23.7M -$14.9M -253,737 -39%
BTS
7
BB&T Securities
Virginia
$9.01M +$7.92M +134,575 +820%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$7.37M +$1.42M +24,200 +24%
RJA
9
Raymond James & Associates
Florida
$7.36M +$1.24M +20,999 +21%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$7.01M +$690K +11,734 +11%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$6.31M +$1.59M +26,954 +34%
Ameriprise
12
Ameriprise
Minnesota
$5.31M -$41.6K -708 -0.8%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$5.07M +$713K +12,126 +17%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$5.05M +$1.18M +20,023 +31%
BCI
15
Brinker Capital Investments
Pennsylvania
$4.24M -$1,000K -17,000 -19%
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$3.63M +$614K +10,442 +21%
AIP
17
Ahrens Investment Partners
Louisiana
$3.29M +$2.71M +46,050 +503%
AG
18
Advisor Group
Arizona
$2.81M +$269K +4,571 +11%
AI
19
Atria Investments
North Carolina
$2.7M -$6.88K -117 -0.3%
DADC
20
D.A. Davidson & Co
Montana
$2.65M +$336K +5,710 +15%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$2.28M +$838K +14,241 +59%
IH
22
IFC Holdings
Florida
$2.08M +$1.85M +31,388 +877%
TRCT
23
Tower Research Capital (TRC)
New York
$1.97M +$1.94M +33,019 New
FAAS
24
First Allied Advisory Services
California
$1.95M +$1.47M +24,996 +330%
WI
25
Wintrust Investments
Illinois
$1.88M +$283K +4,815 +18%

FPX Hedge Fund Activity: Q2 2017 in Review

89 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q2 2017, worth a combined $370M — down 27% from $505M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FPX positions and 8 closed out — a net gain of 7 holders — while 44 added to existing stakes and 15 trimmed.

The largest buyer was Citigroup, adding an estimated $62.6M. The largest seller was MML Investors Services, cutting an estimated $438M.

  • 89 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q2 2017, up from 82 in Q1 2017.
  • Funds reported $370M of First Trust US Equity Opportunities ETF stock for Q2 2017, down 27% quarter-over-quarter.
  • 15 funds opened new First Trust US Equity Opportunities ETF positions in Q2 2017 and 8 closed out, a net change of +7 holders.
  • The largest First Trust US Equity Opportunities ETF buyer in Q2 2017 was Citigroup, an estimated $62.6M added.
  • The largest First Trust US Equity Opportunities ETF seller in Q2 2017 was MML Investors Services, an estimated $438M sold.

Based on aggregated 13F filings for Q2 2017.