First Trust Growth Strength ETF
FTGS
64 hedge funds and large institutions have $124M invested in First Trust Growth Strength ETF in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 19 increasing their positions, 2 reducing their positions, and 4 closing their positions.
975% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 4
850% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 2
156% more funds holding
Funds holding: 25 → 64 (+39)
105% more capital invested
Capital invested by funds: $60.5M → $124M (+$63.5M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20.19% less ownership
Funds ownership: 91.7% → 71.51% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$11.2M |
| 2 |
SFP
Sweet Financial Partners
Fairmont,
Minnesota
|
+$8.99M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.58M |
| 4 |
KAS
KPP Advisory Services
Louisville,
Kentucky
|
+$5.78M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$5.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$25.7M |
| 2 |
SCA
Snowden Capital Advisors
New York
|
-$1.67M |
| 3 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$868K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$818K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$57.7K |
FTGS Hedge Fund Activity: Q1 2024 in Review
64 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Growth Strength ETF (FTGS) for Q1 2024, worth a combined $124M — up 105% from $60.5M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FTGS positions and 4 closed out — a net gain of 39 holders — while 19 added to existing stakes and 2 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $11.2M. The largest seller was AE Wealth Management, cutting an estimated $25.7M.
- 64 institutional investors held First Trust Growth Strength ETF (FTGS) as of Q1 2024, up from 25 in Q4 2023.
- Funds reported $124M of First Trust Growth Strength ETF stock for Q1 2024, up 105% quarter-over-quarter.
- 43 funds opened new First Trust Growth Strength ETF positions in Q1 2024 and 4 closed out, a net change of +39 holders.
- The largest First Trust Growth Strength ETF buyer in Q1 2024 was LPL Financial, an estimated $11.2M added.
- The largest First Trust Growth Strength ETF seller in Q1 2024 was AE Wealth Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q1 2024.