First Trust SMID Growth Strength ETF
FSGS
8 hedge funds and large institutions have $1.55M invested in First Trust SMID Growth Strength ETF in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
6.46% less ownership
Funds ownership: 26.39% → 19.93% (-6.5%)
20% less capital invested
Capital invested by funds: $1.92M → $1.55M (-$375K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$229K |
| 2 |
LPL Financial
San Diego,
California
|
+$75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$724K |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$48K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$20K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$11K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$3.31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $553K | +$75K | +3,509 | +16% |
|
|
LFAS
2
Level Four Advisory Services
Dallas,
Texas
| $358K | -$3.31K | -155 | -1% |
|
|
IAA
3
Independent Advisor Alliance
Charlotte,
North Carolina
| $237K | +$229K | +10,695 | New |
|
|
MIAN
4
Mariner Independent Advisor Network
Overland Park,
Kansas
| $223K | -$48K | -2,245 | -18% |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $77K | -$11K | -515 | -13% |
|
|
GWM
6
Geneos Wealth Management
Englewood,
Colorado
| $52K | – | – | – |
|
|
VCP
7
Verus Capital Partners
Scottsdale,
Arizona
| $43K | +$41.8K | +1,957 | New |
|
|
AG
8
Advisor Group
Phoenix,
Arizona
| $3K | -$235 | -11 | -7% |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$724K | -34,880 | Closed |
|
|
FAAS
10
First Allied Advisory Services
San Diego,
California
| – | -$20K | -971 | Closed |
|
FSGS Hedge Fund Activity: Q4 2019 in Review
8 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Growth Strength ETF (FSGS) for Q4 2019, worth a combined $1.55M — down 20% from $1.92M a quarter earlier.
Fund positioning in FSGS was balanced in Q4 2019: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 4 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $229K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $724K sold.
- 8 institutional investors held First Trust SMID Growth Strength ETF (FSGS) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $1.55M of First Trust SMID Growth Strength ETF stock for Q4 2019, down 20% quarter-over-quarter.
- 2 funds opened new First Trust SMID Growth Strength ETF positions in Q4 2019 and 2 closed out, a net change of 0 holders.
- The largest First Trust SMID Growth Strength ETF buyer in Q4 2019 was Independent Advisor Alliance, an estimated $229K added.
- The largest First Trust SMID Growth Strength ETF seller in Q4 2019 was Susquehanna International Group, an estimated $724K sold.
Based on aggregated 13F filings for Q4 2019.