First Trust US Equity Opportunities ETF
FPX
152 hedge funds and large institutions have $331M invested in First Trust US Equity Opportunities ETF in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 67 reducing their positions, and 23 closing their positions.
1.69% more ownership
Funds ownership: 45.88% → 47.57% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 160 → 152 (-8)
9% less capital invested
Capital invested by funds: $362M → $331M (-$31.6M)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
64% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$14.9M |
| 2 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
+$6.65M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$5.3M |
| 4 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
+$4.19M |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.83M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$6.94M |
| 3 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$5.92M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.41M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.2M |
FPX Hedge Fund Activity: Q3 2023 in Review
152 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q3 2023, worth a combined $331M — down 8.7% from $362M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of FPX and 18 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 24 added.
The largest buyer was International Assets Investment Management, opening a new position worth an estimated $14.9M. The largest seller was Morgan Stanley, cutting an estimated $8.83M.
- 152 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q3 2023, down from 160 in Q2 2023.
- Funds reported $331M of First Trust US Equity Opportunities ETF stock for Q3 2023, down 8.7% quarter-over-quarter.
- 18 funds opened new First Trust US Equity Opportunities ETF positions in Q3 2023 and 23 closed out, a net change of -5 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q3 2023 was International Assets Investment Management, an estimated $14.9M added.
- The largest First Trust US Equity Opportunities ETF seller in Q3 2023 was Morgan Stanley, an estimated $8.83M sold.
Based on aggregated 13F filings for Q3 2023.