First Trust SMID Growth Strength ETF
FSGS
12 hedge funds and large institutions have $14.8M invested in First Trust SMID Growth Strength ETF in 2026 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
1,987% more capital inflows, than outflows
Capital inflows: $4.12M | Capital outflows: $197K
15.19% more ownership
Funds ownership: 38.12% → 53.31% (+15%)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
8% less funds holding
Funds holding: 13 → 12 (-1)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$4.1M |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
+$23.3K |
| 3 |
Harbour Investments
Madison,
Wisconsin
|
+$3.18K |
| 4 |
LPL Financial
San Diego,
California
|
+$489 |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
+$31 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kestra Advisory Services
Austin,
Texas
|
-$72.8K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$55.3K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$30.5K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$19.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$12.1K |
FSGS Hedge Fund Activity: Q1 2026 in Review
12 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Growth Strength ETF (FSGS) for Q1 2026, worth a combined $14.8M — up 28% from $11.6M a quarter earlier.
Fund positioning in FSGS was balanced in Q1 2026: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 5 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $4.1M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $72.8K sold.
- 12 institutional investors held First Trust SMID Growth Strength ETF (FSGS) as of Q1 2026, down from 13 in Q4 2025.
- Funds reported $14.8M of First Trust SMID Growth Strength ETF stock for Q1 2026, up 28% quarter-over-quarter.
- 2 funds opened new First Trust SMID Growth Strength ETF positions in Q1 2026 and 2 closed out, a net change of 0 holders.
- The largest First Trust SMID Growth Strength ETF buyer in Q1 2026 was Independent Advisor Alliance, an estimated $4.1M added.
- The largest First Trust SMID Growth Strength ETF seller in Q1 2026 was Kestra Advisory Services, an estimated $72.8K sold.
Based on aggregated 13F filings for Q1 2026.