First Trust US Equity Opportunities ETF
FPX
200 hedge funds and large institutions have $555M invested in First Trust US Equity Opportunities ETF in 2025 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 64 increasing their positions, 50 reducing their positions, and 5 closing their positions.
580% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 5
28% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 50
22% more capital invested
Capital invested by funds: $456M → $555M (+$99M)
14% more funds holding
Funds holding: 176 → 200 (+24)
0.05% more ownership
Funds ownership: 47.71% → 47.76% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.1M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$9.93M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.61M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.45M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.03M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$998K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$960K |
| 4 |
PWM
Puff Wealth Management
Haddonfield,
New Jersey
|
-$792K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$680K |
FPX Hedge Fund Activity: Q3 2025 in Review
200 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q3 2025, worth a combined $555M — up 22% from $456M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new FPX positions and 5 closed out — a net gain of 29 holders — while 64 added to existing stakes and 50 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.1M. The largest seller was HRT Financial, exiting entirely with an estimated $1.03M sold.
- 200 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q3 2025, up from 176 in Q2 2025.
- Funds reported $555M of First Trust US Equity Opportunities ETF stock for Q3 2025, up 22% quarter-over-quarter.
- 34 funds opened new First Trust US Equity Opportunities ETF positions in Q3 2025 and 5 closed out, a net change of +29 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q3 2025 was Morgan Stanley, an estimated $12.1M added.
- The largest First Trust US Equity Opportunities ETF seller in Q3 2025 was HRT Financial, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2025.