First Trust US Equity Opportunities ETF
FPX
133 hedge funds and large institutions have $605M invested in First Trust US Equity Opportunities ETF in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 57 reducing their positions, and 16 closing their positions.
29% more capital invested
Capital invested by funds: $469M → $605M (+$136M)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 134 → 133 (-1)
0.92% less ownership
Funds ownership: 47.4% → 46.48% (-0.92%)
37% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 57
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.36M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$5.35M |
| 3 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$4.7M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.72M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.8M |
| 2 |
Morgan Stanley
New York
|
-$6.15M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.54M |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$3.5M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.61M |
FPX Hedge Fund Activity: Q2 2020 in Review
133 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q2 2020, worth a combined $605M — up 29% from $469M a quarter earlier.
Fund positioning in FPX was balanced in Q2 2020: 16 funds opened new positions, 16 closed out, 36 added to existing stakes and 57 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $5.36M. The largest seller was Wells Fargo, cutting an estimated $10.8M.
- 133 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q2 2020, down from 134 in Q1 2020.
- Funds reported $605M of First Trust US Equity Opportunities ETF stock for Q2 2020, up 29% quarter-over-quarter.
- 16 funds opened new First Trust US Equity Opportunities ETF positions in Q2 2020 and 16 closed out, a net change of 0 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q2 2020 was Envestnet Asset Management, an estimated $5.36M added.
- The largest First Trust US Equity Opportunities ETF seller in Q2 2020 was Wells Fargo, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2020.