First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
25 hedge funds and large institutions have $34.9M invested in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
190% more capital invested
Capital invested by funds: $12.1M → $34.9M (+$22.9M)
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
47% more funds holding
Funds holding: 17 → 25 (+8)
29.06% more ownership
Funds ownership: 41.51% → 70.57% (+29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$11.6M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$3.74M |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$3.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.06M |
| 5 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
+$804K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$1.33M |
| 2 |
Jane Street
New York
|
-$398K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$387K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$176K |
| 5 |
AWM
Avaii Wealth Management
Appleton,
Wisconsin
|
-$66.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
26
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$1.33M | -69,033 | Closed |
|
|
27
Jane Street
New York
| – | -$398K | -20,554 | Closed |
|
FTQI Hedge Fund Activity: Q2 2023 in Review
25 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) for Q2 2023, worth a combined $34.9M — up 190% from $12.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTQI positions and 2 closed out — a net gain of 8 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $11.6M. The largest seller was Ameritas Advisory Services, exiting entirely with an estimated $1.33M sold.
- 25 institutional investors held First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) as of Q2 2023, up from 17 in Q1 2023.
- Funds reported $34.9M of First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF stock for Q2 2023, up 190% quarter-over-quarter.
- 10 funds opened new First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF positions in Q2 2023 and 2 closed out, a net change of +8 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF buyer in Q2 2023 was Integrated Wealth Concepts, an estimated $11.6M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF seller in Q2 2023 was Ameritas Advisory Services, an estimated $1.33M sold.
Based on aggregated 13F filings for Q2 2023.