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

76 hedge funds and large institutions have $162M invested in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 12 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

217% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 12

90% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 10

24% more capital invested

Capital invested by funds: $130M → $162M (+$31.9M)

12% more funds holding

Funds holding: 6876 (+8)

2.08% less ownership

Funds ownership: 64.56%62.48% (-2.1%)

Holders
76
Holders Change
+8
Holders Change %
+11.76%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
38
Reduced
12
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$38.6M +$12.4M +589,252 +45%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$23.7M +$2.42M +115,361 +11%
KAS
3
Kestra Advisory Services
Texas
$10.1M +$838K +39,972 +9%
RJA
4
Raymond James & Associates
Florida
$8.72M +$1.33M +63,594 +17%
RIG
5
RiverFront Investment Group
Virginia
$7.74M +$2.75M +130,984 +53%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$5.01M +$1.36M +64,850 +36%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$4.92M +$1.04M +49,840 +26%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$4.27M +$606K +28,879 +16%
AAS
9
Ameritas Advisory Services
Nebraska
$4.1M +$2.9M +138,153 +221%
Osaic Holdings
10
Osaic Holdings
Arizona
$3.77M +$1.54M +73,525 +66%
Wealth Enhancement Advisory Services
11
Wealth Enhancement Advisory Services
Minnesota
$3.27M +$3.36M +160,067 New
CA
12
Cetera Advisors
Colorado
$3.25M +$1.47M +70,199 +79%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$3.01M +$1.1M +52,329 +55%
PFS
14
Prospera Financial Services
Texas
$2.95M +$2.01M +95,695 +197%
Carson Wealth (CWM LLC)
15
Carson Wealth (CWM LLC)
Nebraska
$2.78M -$1.75M -83,647 -38%
BPA
16
Beacon Pointe Advisors
California
$2.55M +$371K +17,685 +17%
Truist Financial
17
Truist Financial
North Carolina
$2.44M +$1.05M +49,845 +71%
IWC
18
Integrated Wealth Concepts
Massachusetts
$2.19M +$169K +8,053 +8%
AWS
19
Atria Wealth Solutions
New York
$1.98M +$545K +26,012 +37%
Stifel Financial
20
Stifel Financial
Missouri
$1.78M +$125K +5,984 +7%
MML Investors Services
21
MML Investors Services
Massachusetts
$1.63M +$253K +12,072 +18%
WWM
22
Western Wealth Management
Colorado
$1.48M +$473K +22,540 +45%
DF
23
Dunhill Financial
United Kingdom
$1.29M +$1M +47,767 +320%
NFG
24
Nations Financial Group
Iowa
$1.23M -$92.3K -4,400 -7%
AWM
25
AE Wealth Management
Kansas
$1.22M +$33.1K +1,579 +3%

FTHI Hedge Fund Activity: Q3 2023 in Review

76 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) for Q3 2023, worth a combined $162M — up 24% from $130M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FTHI positions and 10 closed out — a net gain of 9 holders — while 38 added to existing stakes and 12 trimmed.

The largest buyer was LPL Financial, adding an estimated $12.4M. The largest seller was International Assets Investment Management, exiting entirely with an estimated $5.04M sold.

  • 76 institutional investors held First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) as of Q3 2023, up from 68 in Q2 2023.
  • Funds reported $162M of First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF stock for Q3 2023, up 24% quarter-over-quarter.
  • 19 funds opened new First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF positions in Q3 2023 and 10 closed out, a net change of +9 holders.
  • The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF buyer in Q3 2023 was LPL Financial, an estimated $12.4M added.
  • The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF seller in Q3 2023 was International Assets Investment Management, an estimated $5.04M sold.

Based on aggregated 13F filings for Q3 2023.