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

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.

New
Increased
Maintained
Reduced
Closed

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: 1725 (+8)

29.06% more ownership

Funds ownership: 41.51%70.57% (+29%)

Holders
25
Holders Change
+8
Holders Change %
+47.06%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
7
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IWC
1
Integrated Wealth Concepts
Massachusetts
$11.8M +$11.6M +598,098 New
LPL Financial
2
LPL Financial
California
$6.67M +$3.06M +157,273 +88%
PFS
3
Prospera Financial Services
Texas
$3.8M +$3.74M +192,036 New
HI
4
Harbour Investments
Wisconsin
$3.67M +$3.6M +185,294 New
PAG
5
Private Advisor Group
New Jersey
$2.18M +$16.6K +851 +0.8%
SFS
6
Sowell Financial Services
Arkansas
$1.59M -$387K -19,908 -20%
AWM
7
Avaii Wealth Management
Wisconsin
$1.21M -$66.3K -3,410 -5%
ECA
8
Elevated Capital Advisors
Utah
$818K +$804K +41,322 New
Osaic Holdings
9
Osaic Holdings
Arizona
$659K +$372K +19,127 +135%
OL
10
Owen LaRue
Kentucky
$467K +$457K +23,505 New
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$435K +$427K +21,963 New
OMC
12
Old Mission Capital
Illinois
$263K -$55.5K -2,852 -18%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$240K -$176K -9,039 -43%
CIAS
14
Capital Investment Advisory Services
North Carolina
$214K +$31.1K +1,597 +17%
CFGS
15
Concourse Financial Group Securities
Alabama
$210K +$206K +10,615 New
GM
16
GeoWealth Management
Illinois
$201K +$389 +20 +0.2%
OIA
17
OneDigital Investment Advisors
Kansas
$198K +$195K +10,000 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$88K +$13.7K +703 +19%
GWM
19
Geneos Wealth Management
Colorado
$45.6K
GWSG
20
GPS Wealth Strategies Group
Colorado
$41.1K +$19.8K +1,018 +96%
Carson Wealth (CWM LLC)
21
Carson Wealth (CWM LLC)
Nebraska
$32K +$31K +1,592 New
UBS Group
22
UBS Group
Switzerland
$29.5K +$29K +1,489 New
SWM
23
Spire Wealth Management
Virginia
$25.7K
NA
24
NewEdge Advisors
Louisiana
$14.2K
Wells Fargo
25
Wells Fargo
California
$24

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.