First Trust US Equity Opportunities ETF
203 hedge funds and large institutions have $595M invested in First Trust US Equity Opportunities ETF in 2025 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 60 increasing their positions, 65 reducing their positions, and 22 closing their positions.
303% more call options, than puts
Call options by funds: $262K | Put options by funds: $65K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
7% more capital invested
Capital invested by funds: $555M → $595M (+$40M)
2.04% more ownership
Funds ownership: 47.76% → 49.8% (+2%)
2% more funds holding
Funds holding: 200 → 203 (+3)
8% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$18.1M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$6.15M |
| 3 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
+$5.93M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.39M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.84M |
| 2 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
-$1.67M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.45M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.34M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$1.33M |
FPX Hedge Fund Activity: Q4 2025 in Review
203 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in First Trust US Equity Opportunities ETF (FPX) for Q4 2025, worth a combined $595M — up 7.2% from $555M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FPX positions and 22 closed out — a net gain of 5 holders — while 60 added to existing stakes and 65 trimmed.
The largest buyer was Systelligence LLC, opening a new position worth an estimated $18.1M. The largest seller was LPL Financial, cutting an estimated $3.84M.
- 203 institutional investors held First Trust US Equity Opportunities ETF (FPX) as of Q4 2025, up from 200 in Q3 2025.
- Funds reported $595M of First Trust US Equity Opportunities ETF stock for Q4 2025, up 7.2% quarter-over-quarter.
- 27 funds opened new First Trust US Equity Opportunities ETF positions in Q4 2025 and 22 closed out, a net change of +5 holders.
- The largest First Trust US Equity Opportunities ETF buyer in Q4 2025 was Systelligence LLC, an estimated $18.1M added.
- The largest First Trust US Equity Opportunities ETF seller in Q4 2025 was LPL Financial, an estimated $3.84M sold.
Based on aggregated 13F filings for Q4 2025.