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First Trust US Equity Opportunities ETF

160 hedge funds and large institutions have $362M invested in First Trust US Equity Opportunities ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 67 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $341M → $362M (+$21.3M)

6% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 16

0.85% more ownership

Funds ownership: 45.02%45.88% (+0.85%)

1% less funds holding

Funds holding: 162160 (-2)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

51% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 67

Holders
160
Holders Change
-2
Holders Change %
-1.23%
% of All Funds
2.51%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
17
Increased
33
Reduced
67
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$66.7M +$1.39M +16,742 +2%
LPL Financial
2
LPL Financial
California
$32.3M -$1.8M -21,743 -6%
Wells Fargo
3
Wells Fargo
California
$25.1M -$1.18M -14,163 -5%
Bank of America
4
Bank of America
North Carolina
$13.6M -$6.81M -82,085 -35%
Cetera Investment Advisers
5
Cetera Investment Advisers
Illinois
$12.9M +$7.47K +90 +0.1%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$12.3M -$3.54M -42,646 -23%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$10.1M -$869K -10,466 -8%
KAS
8
Kestra Advisory Services
Texas
$9.91M -$24.8K -299 -0.3%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$8.92M -$487K -5,873 -5%
AAP
10
Arax Advisory Partners
Colorado
$7.85M +$179K +2,152 +2%
RJA
11
Raymond James & Associates
Florida
$7.78M -$310K -3,730 -4%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$7.75M +$174K +2,091 +2%
Ameriprise
13
Ameriprise
Minnesota
$7.62M -$247K -2,980 -3%
Osaic Holdings
14
Osaic Holdings
Arizona
$7.26M -$1.23M -14,846 -15%
PCIA
15
Prime Capital Investment Advisors
Kansas
$5.92M +$5.57M +67,152 New
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$5.31M -$98.9K -1,192 -2%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$5.04M -$4.31M -51,887 -48%
GLA
18
Good Life Advisors
Pennsylvania
$4.96M +$24.2K +292 +0.5%
CCP
19
Cassia Capital Partners
North Carolina
$4.34M +$8.46K +102 +0.2%
UBS Group
20
UBS Group
Switzerland
$4.33M -$834K -10,048 -17%
TCWA
21
Ten Capital Wealth Advisors
Washington
$4.12M -$384K -4,626 -9%
ACA
22
Ascension Capital Advisors
Texas
$4.01M
Truist Financial
23
Truist Financial
North Carolina
$3.84M -$160K -1,922 -4%
DADC
24
D.A. Davidson & Co
Montana
$3.67M -$383K -4,621 -10%
PFS
25
Prospera Financial Services
Texas
$3.54M -$85.9K -1,035 -3%

FPX Hedge Fund Activity: Q2 2023 in Review

160 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q2 2023, worth a combined $362M — up 6.3% from $341M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FPX positions and 16 closed out — a net gain of 1 holder — while 33 added to existing stakes and 67 trimmed.

The largest buyer was Prime Capital Investment Advisors, opening a new position worth an estimated $5.57M. The largest seller was Bank of America, cutting an estimated $6.81M.

  • 160 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q2 2023, down from 162 in Q1 2023.
  • Funds reported $362M of First Trust US Equity Opportunities ETF stock for Q2 2023, up 6.3% quarter-over-quarter.
  • 17 funds opened new First Trust US Equity Opportunities ETF positions in Q2 2023 and 16 closed out, a net change of +1 holder.
  • The largest First Trust US Equity Opportunities ETF buyer in Q2 2023 was Prime Capital Investment Advisors, an estimated $5.57M added.
  • The largest First Trust US Equity Opportunities ETF seller in Q2 2023 was Bank of America, an estimated $6.81M sold.

Based on aggregated 13F filings for Q2 2023.