First Trust SMID Growth Strength ETF
FSGS
15 hedge funds and large institutions have $20.7M invested in First Trust SMID Growth Strength ETF in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 3 closing their positions.
7.67% less ownership
Funds ownership: 84.38% → 76.71% (-7.7%)
21% less funds holding
Funds holding: 19 → 15 (-4)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
74% less capital invested
Capital invested by funds: $78.6M → $20.7M (-$58M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
+$160K |
| 2 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$3.93K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.22K |
| 4 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$625 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$55.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.57M |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$648K |
| 4 |
AIC
Archer Investment Corporation
Carmel,
Indiana
|
-$279K |
| 5 |
AFO
Arrowroot Family Office
Marina Del Rey,
California
|
-$278K |
FSGS Hedge Fund Activity: Q2 2023 in Review
15 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Growth Strength ETF (FSGS) for Q2 2023, worth a combined $20.7M — down 74% from $78.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FSGS and 0 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was ICA Group Wealth Management, adding an estimated $160K. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $55.2M sold.
- 15 institutional investors held First Trust SMID Growth Strength ETF (FSGS) as of Q2 2023, down from 19 in Q1 2023.
- Funds reported $20.7M of First Trust SMID Growth Strength ETF stock for Q2 2023, down 74% quarter-over-quarter.
- 0 funds opened new First Trust SMID Growth Strength ETF positions in Q2 2023 and 3 closed out, a net change of -3 holders.
- The largest First Trust SMID Growth Strength ETF buyer in Q2 2023 was ICA Group Wealth Management, an estimated $160K added.
- The largest First Trust SMID Growth Strength ETF seller in Q2 2023 was Mach-1 Financial Group, an estimated $55.2M sold.
Based on aggregated 13F filings for Q2 2023.