First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
17 hedge funds and large institutions have $12.1M invested in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
6% less funds holding
Funds holding: 18 → 17 (-1)
35.41% less ownership
Funds ownership: 76.92% → 41.51% (-35%)
48% less capital invested
Capital invested by funds: $23M → $12.1M (-$11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$685K |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$519K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$402K |
| 4 |
Jane Street
New York
|
+$391K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
-$5.95M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$331K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$74.2K |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$14.3K |
| 5 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$2.4K |
FTQI Hedge Fund Activity: Q1 2023 in Review
17 of the 6,283 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 Q1 2023, worth a combined $12.1M — down 48% from $23M a quarter earlier.
Fund positioning in FTQI was balanced in Q1 2023: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 4 trimmed.
The largest buyer was LPL Financial, adding an estimated $685K. The largest seller was Rockefeller Capital Management, exiting entirely with an estimated $5.95M sold.
- 17 institutional investors held First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) as of Q1 2023, down from 18 in Q4 2022.
- Funds reported $12.1M of First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF stock for Q1 2023, down 48% quarter-over-quarter.
- 4 funds opened new First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF positions in Q1 2023 and 4 closed out, a net change of 0 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF buyer in Q1 2023 was LPL Financial, an estimated $685K added.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF seller in Q1 2023 was Rockefeller Capital Management, an estimated $5.95M sold.
Based on aggregated 13F filings for Q1 2023.