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

18 hedge funds and large institutions have $3.97M invested in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 1

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

6% more funds holding

Funds holding: 1718 (+1)

32.3% less ownership

Funds ownership: 68.06%35.76% (-32%)

73% less capital invested

Capital invested by funds: $15M → $3.97M (-$11M)

Holders
18
Holders Change
+1
Holders Change %
+5.88%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
7
Reduced
1
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$1.02M +$1.09M +50,378 New
LTFS
2
Ladenburg Thalmann Financial Services
Florida
$922K +$134K +6,221 +16%
LPL Financial
3
LPL Financial
California
$770K -$100K -4,625 -11%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$424K +$311K +14,391 +218%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$270K +$289K +13,378 New
US Bancorp
6
US Bancorp
Minnesota
$203K +$31.9K +1,475 +17%
AIC
7
Ameritas Investment Company
Nebraska
$115K +$123K +5,709 New
AG
8
Advisor Group
Arizona
$68K +$34.8K +1,609 +90%
UBS Group
9
UBS Group
Switzerland
$60K +$64.5K +2,983 New
CFGS
10
Concourse Financial Group Securities
Alabama
$47K +$4.04K +187 +9%
APA
11
American Portfolios Advisors
New York
$44.1K +$4K +185 +9%
MOS
12
MGO One Seven
Ohio
$20K +$21.5K +995 New
Fifth Third Bancorp
13
Fifth Third Bancorp
Ohio
$4K
IA
14
IFP Advisors
Florida
$3K +$1.45K +67 +96%
FGC
15
Financial Gravity Companies
Texas
$2K +$1.86K +86 New
CIAS
16
Capital Investment Advisory Services
North Carolina
$1K +$865 +40 New
NFG
17
Next Financial Group
Texas
$1K +$1.08K +50 New
CWM
18
Cornerstone Wealth Management
Missouri
-$11.5M -258,365 Closed
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
-$680K -29,637 Closed
SS
20
Simplicity Solutions
Minnesota
-$210K -9,165 Closed
SG Americas Securities
21
SG Americas Securities
New York
-$149K -6,459 Closed
PFGIA
22
Patriot Financial Group Insurance Agency
Massachusetts
-$5K -203 Closed

FTQI Hedge Fund Activity: Q4 2018 in Review

18 of the 4,489 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 Q4 2018, worth a combined $3.97M — down 73% from $15M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FTQI positions and 5 closed out — a net gain of 3 holders — while 7 added to existing stakes and 1 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $1.09M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $11.5M sold.

  • 18 institutional investors held First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) as of Q4 2018, up from 17 in Q3 2018.
  • Funds reported $3.97M of First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF stock for Q4 2018, down 73% quarter-over-quarter.
  • 8 funds opened new First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF positions in Q4 2018 and 5 closed out, a net change of +3 holders.
  • The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF buyer in Q4 2018 was Jane Street, an estimated $1.09M added.
  • The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF seller in Q4 2018 was Cornerstone Wealth Management, an estimated $11.5M sold.

Based on aggregated 13F filings for Q4 2018.