First Trust Growth Strength ETF
FTGS
25 hedge funds and large institutions have $60.5M invested in First Trust Growth Strength ETF in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,000% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 1
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
253% more capital invested
Capital invested by funds: $17.1M → $60.5M (+$43.4M)
56% more funds holding
Funds holding: 16 → 25 (+9)
15.91% more ownership
Funds ownership: 75.79% → 91.7% (+16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$23.2M |
| 2 |
RA
RiverTree Advisors
Winter Park,
Florida
|
+$7.24M |
| 3 |
PNC
Park National Corp
Newark,
Ohio
|
+$1.44M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.23M |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.08M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$594K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$39.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Goldman Sachs
New York
| – | -$1.08M | -45,293 | Closed |
|
|
AA
27
Advisory Alpha
Holland,
Michigan
| – | -$594K | -24,997 | Closed |
|
FTGS Hedge Fund Activity: Q4 2023 in Review
25 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Growth Strength ETF (FTGS) for Q4 2023, worth a combined $60.5M — up 253% from $17.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FTGS positions and 2 closed out — a net gain of 9 holders — while 11 added to existing stakes and 1 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $23.2M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.08M sold.
- 25 institutional investors held First Trust Growth Strength ETF (FTGS) as of Q4 2023, up from 16 in Q3 2023.
- Funds reported $60.5M of First Trust Growth Strength ETF stock for Q4 2023, up 253% quarter-over-quarter.
- 11 funds opened new First Trust Growth Strength ETF positions in Q4 2023 and 2 closed out, a net change of +9 holders.
- The largest First Trust Growth Strength ETF buyer in Q4 2023 was AE Wealth Management, an estimated $23.2M added.
- The largest First Trust Growth Strength ETF seller in Q4 2023 was Goldman Sachs, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2023.