First Trust US Equity Opportunities ETF
FPX
167 hedge funds and large institutions have $366M invested in First Trust US Equity Opportunities ETF in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 87 reducing their positions, and 22 closing their positions.
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2.2% less ownership
Funds ownership: 48.05% → 45.85% (-2.2%)
3% less funds holding
Funds holding: 172 → 167 (-5)
18% less capital invested
Capital invested by funds: $444M → $366M (-$77.9M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
66% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.92M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.5M |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$1.07M |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$590K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.9M |
| 2 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
-$9.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.34M |
| 4 |
LPL Financial
San Diego,
California
|
-$6.05M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.92M |
FPX Hedge Fund Activity: Q4 2022 in Review
167 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q4 2022, worth a combined $366M — down 18% from $444M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FPX and 20 opened new positions — a net loss of 2 holders — while 87 trimmed existing stakes and 30 added.
The largest buyer was Royal Bank of Canada, adding an estimated $3.92M. The largest seller was Morgan Stanley, cutting an estimated $12.9M.
- 167 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q4 2022, down from 172 in Q3 2022.
- Funds reported $366M of First Trust US Equity Opportunities ETF stock for Q4 2022, down 18% quarter-over-quarter.
- 20 funds opened new First Trust US Equity Opportunities ETF positions in Q4 2022 and 22 closed out, a net change of -2 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q4 2022 was Royal Bank of Canada, an estimated $3.92M added.
- The largest First Trust US Equity Opportunities ETF seller in Q4 2022 was Morgan Stanley, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2022.