First Trust SMID Growth Strength ETF
FSGS
16 hedge funds and large institutions have $12.5M invested in First Trust SMID Growth Strength ETF in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.
11% less funds holding
Funds holding: 18 → 16 (-2)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
34.67% less ownership
Funds ownership: 76.95% → 42.28% (-35%)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
93% less capital inflows, than outflows
Capital inflows: $923K | Capital outflows: $12.4M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$529K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$142K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$91.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$49.7K |
| 5 |
AssetMark Inc
Concord,
California
|
+$8.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
-$11M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.29M |
| 3 |
Western Wealth Management
Golden,
Colorado
|
-$82.4K |
| 4 |
Three Cord True Wealth Management
Beaver,
Pennsylvania
|
-$20.3K |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
-$13.4K |
FSGS Hedge Fund Activity: Q2 2025 in Review
16 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Growth Strength ETF (FSGS) for Q2 2025, worth a combined $12.5M — down 46% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FSGS and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, adding an estimated $529K. The largest seller was Aft Forsyth & Sober, exiting entirely with an estimated $11M sold.
- 16 institutional investors held First Trust SMID Growth Strength ETF (FSGS) as of Q2 2025, down from 18 in Q1 2025.
- Funds reported $12.5M of First Trust SMID Growth Strength ETF stock for Q2 2025, down 46% quarter-over-quarter.
- 3 funds opened new First Trust SMID Growth Strength ETF positions in Q2 2025 and 5 closed out, a net change of -2 holders.
- The largest First Trust SMID Growth Strength ETF buyer in Q2 2025 was Citadel Advisors, an estimated $529K added.
- The largest First Trust SMID Growth Strength ETF seller in Q2 2025 was Aft Forsyth & Sober, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2025.