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First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF

62 hedge funds and large institutions have $102M invested in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

145% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 11

80% more capital invested

Capital invested by funds: $56.6M → $102M (+$45M)

22% more funds holding

Funds holding: 5162 (+11)

10.99% more ownership

Funds ownership: 57.11%68.11% (+11%)

Holders
62
Holders Change
+11
Holders Change %
+21.57%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
27
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$24M +$8.34M +416,743 +54%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$17.3M +$15.9M +794,698 +1,219%
KAS
3
Kestra Advisory Services
Texas
$9.09M +$1.06M +53,052 +13%
RJA
4
Raymond James & Associates
Florida
$6.24M +$4.6M +229,688 +287%
Carson Wealth (CWM LLC)
5
Carson Wealth (CWM LLC)
Nebraska
$5.68M +$2.91M +145,663 +107%
RIG
6
RiverFront Investment Group
Virginia
$5.22M -$270K -13,510 -5%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$3.24M +$1.28M +64,062 +66%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$3.08M +$1.12M +56,182 +58%
BPA
9
Beacon Pointe Advisors
California
$1.94M +$115K +5,757 +6%
AAS
10
Ameritas Advisory Services
Nebraska
$1.94M +$474K +23,694 +33%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.9M -$6.06K -303 -0.3%
IWC
12
Integrated Wealth Concepts
Massachusetts
$1.87M +$1.09M +54,560 +142%
CA
13
Cetera Advisors
Colorado
$1.53M -$130K -6,503 -8%
Truist Financial
14
Truist Financial
North Carolina
$1.44M +$219K +10,934 +18%
AWS
15
Atria Wealth Solutions
New York
$1.42M +$363K +18,135 +35%
Stifel Financial
16
Stifel Financial
Missouri
$1.37M +$626K +31,294 +86%
LNC
17
Lincoln National Corp
Pennsylvania
$1.24M +$114K +5,696 +10%
NFG
18
Nations Financial Group
Iowa
$1.2M +$159K +7,950 +15%
Osaic Holdings
19
Osaic Holdings
Arizona
$995K +$85K +4,247 +9%
PFS
20
Prospera Financial Services
Texas
$993K +$124K +6,215 +14%
MML Investors Services
21
MML Investors Services
Massachusetts
$965K +$730K +36,466 +320%
AWM
22
AE Wealth Management
Kansas
$699K +$307K +15,361 +80%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$621K +$379K +18,957 +160%
CAN
24
Cetera Advisor Networks
California
$599K +$27.3K +1,362 +5%
AIFAIM
25
American Institute for Advanced Investment Management
Arizona
$531K +$619K +30,950 New

FTHI Hedge Fund Activity: Q1 2023 in Review

62 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) for Q1 2023, worth a combined $102M — up 80% from $56.6M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FTHI positions and 5 closed out — a net gain of 11 holders — while 27 added to existing stakes and 11 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $15.9M. The largest seller was RiverFront Investment Group, cutting an estimated $270K.

  • 62 institutional investors held First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) as of Q1 2023, up from 51 in Q4 2022.
  • Funds reported $102M of First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF stock for Q1 2023, up 80% quarter-over-quarter.
  • 16 funds opened new First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF positions in Q1 2023 and 5 closed out, a net change of +11 holders.
  • The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $15.9M added.
  • The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF seller in Q1 2023 was RiverFront Investment Group, an estimated $270K sold.

Based on aggregated 13F filings for Q1 2023.