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

68 hedge funds and large institutions have $130M invested in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

162% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 13

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

28% more capital invested

Capital invested by funds: $102M → $130M (+$28.8M)

10% more funds holding

Funds holding: 6268 (+6)

3.55% less ownership

Funds ownership: 68.11%64.56% (-3.5%)

Holders
68
Holders Change
+6
Holders Change %
+9.68%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
34
Reduced
13
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$27.4M +$2.28M +111,440 +9%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$22M +$3.83M +187,049 +22%
KAS
3
Kestra Advisory Services
Texas
$9.6M +$121K +5,911 +1%
RJA
4
Raymond James & Associates
Florida
$7.65M +$1.11M +54,136 +17%
RIG
5
RiverFront Investment Group
Virginia
$5.22M -$215K -10,498 -4%
IAIM
6
International Assets Investment Management
Florida
$5.04M +$3.04M +148,229 New
Carson Wealth (CWM LLC)
7
Carson Wealth (CWM LLC)
Nebraska
$4.62M -$1.26M -61,718 -22%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$4.02M +$623K +30,404 +19%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$3.79M +$1.77M +86,534 +92%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$3.79M +$570K +27,838 +18%
Osaic Holdings
11
Osaic Holdings
Arizona
$2.33M +$1.26M +61,702 +125%
BPA
12
Beacon Pointe Advisors
California
$2.25M +$217K +10,612 +11%
IWC
13
Integrated Wealth Concepts
Massachusetts
$2.09M +$136K +6,617 +7%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$2M +$1.32M +64,525 +209%
CA
15
Cetera Advisors
Colorado
$1.87M +$267K +13,034 +17%
Stifel Financial
16
Stifel Financial
Missouri
$1.7M +$270K +13,198 +19%
AWS
17
Atria Wealth Solutions
New York
$1.5M +$19.4K +948 +1%
Truist Financial
18
Truist Financial
North Carolina
$1.47M -$28.7K -1,402 -2%
MML Investors Services
19
MML Investors Services
Massachusetts
$1.42M +$405K +19,755 +41%
NFG
20
Nations Financial Group
Iowa
$1.36M +$102K +4,978 +8%
AAS
21
Ameritas Advisory Services
Nebraska
$1.31M -$686K -33,482 -35%
LNC
22
Lincoln National Corp
Pennsylvania
$1.24M -$51.9K -2,532 -4%
AWM
23
AE Wealth Management
Kansas
$1.23M +$485K +23,688 +68%
WWM
24
Western Wealth Management
Colorado
$1.05M +$522K +25,500 +104%
PFS
25
Prospera Financial Services
Texas
$1.02M -$12.6K -614 -1%

FTHI Hedge Fund Activity: Q2 2023 in Review

68 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) for Q2 2023, worth a combined $130M — up 28% from $102M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FTHI positions and 6 closed out — a net gain of 6 holders — while 34 added to existing stakes and 13 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $3.83M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $1.26M.

  • 68 institutional investors held First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) as of Q2 2023, up from 62 in Q1 2023.
  • Funds reported $130M of First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF stock for Q2 2023, up 28% quarter-over-quarter.
  • 12 funds opened new First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF positions in Q2 2023 and 6 closed out, a net change of +6 holders.
  • The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF buyer in Q2 2023 was Raymond James Financial Services Advisors, an estimated $3.83M added.
  • The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF seller in Q2 2023 was Carson Wealth (CWM LLC), an estimated $1.26M sold.

Based on aggregated 13F filings for Q2 2023.