First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
10 hedge funds and large institutions have $2.13M invested in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
9% less funds holding
Funds holding: 11 → 10 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
37% less capital invested
Capital invested by funds: $3.4M → $2.13M (-$1.26M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$318K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$880K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$362K |
| 3 |
LPL Financial
San Diego,
California
|
-$286K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$14.9K |
| 5 |
AIG
American International Group
New York
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.7M | -$362K | -18,570 | -18% |
|
|
VKH
2
Virtu KCG Holdings
New York
| $316K | +$318K | +16,318 | New |
|
|
MFS
3
MSI Financial Services
Springfield,
Massachusetts
| $57K | – | – | – |
|
|
DADC
4
D.A. Davidson & Co
Great Falls,
Montana
| $15K | – | – | – |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $12K | +$11.5K | +593 | +8,471% |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $12K | +$12.3K | +630 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $10K | -$14.9K | -764 | -61% |
|
|
WA
8
WFG Advisors
Dallas,
Texas
| $10K | – | – | – |
|
|
IA
9
IFP Advisors
Tampa,
Florida
| $8K | -$4.62K | -237 | -37% |
|
|
10
Jane Street
New York
| – | -$880K | -44,554 | Closed |
|
|
11
LPL Financial
San Diego,
California
| – | -$286K | -14,528 | Closed |
|
|
AIG
12
American International Group
New York
| – | -$12K | -630 | Closed |
|
FTQI Hedge Fund Activity: Q2 2016 in Review
10 of the 3,749 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 2016, worth a combined $2.13M — down 37% from $3.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FTQI and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $318K. The largest seller was Jane Street, exiting entirely with an estimated $880K sold.
- 10 institutional investors held First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) as of Q2 2016, down from 11 in Q1 2016.
- Funds reported $2.13M of First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF stock for Q2 2016, down 37% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF positions in Q2 2016 and 3 closed out, a net change of -1 holder.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF buyer in Q2 2016 was Virtu KCG Holdings, an estimated $318K added.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF seller in Q2 2016 was Jane Street, an estimated $880K sold.
Based on aggregated 13F filings for Q2 2016.