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

31 hedge funds and large institutions have $45.1M invested in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

117% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 6

29% more capital invested

Capital invested by funds: $34.9M → $45.1M (+$10.1M)

24% more funds holding

Funds holding: 2531 (+6)

14.39% less ownership

Funds ownership: 70.57%56.18% (-14%)

Holders
31
Holders Change
+6
Holders Change %
+24%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
13
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$13M +$6.85M +350,395 +104%
IWC
2
Integrated Wealth Concepts
Massachusetts
$10.8M -$479K -24,517 -4%
HI
3
Harbour Investments
Wisconsin
$4.4M +$937K +47,968 +26%
PFS
4
Prospera Financial Services
Texas
$3.45M -$177K -9,052 -5%
AAS
5
Ameritas Advisory Services
Nebraska
$2.18M +$2.25M +115,283 New
PAG
6
Private Advisor Group
New Jersey
$2M -$76K -3,887 -4%
SFS
7
Sowell Financial Services
Arkansas
$1.51M -$4.53K -232 -0.3%
AWM
8
Avaii Wealth Management
Wisconsin
$1.15M -$1.99K -102 -0.2%
ECA
9
Elevated Capital Advisors
Utah
$811K +$31.9K +1,632 +4%
Osaic Holdings
10
Osaic Holdings
Arizona
$783K +$161K +8,237 +25%
OL
11
Owen LaRue
Kentucky
$664K +$228K +11,658 +50%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$556K +$146K +7,484 +34%
NA
13
NewEdge Advisors
Louisiana
$467K +$469K +24,017 +3,340%
WIA
14
World Investment Advisors
California
$462K +$479K +24,500 New
SCA
15
Snowden Capital Advisors
New York
$347K +$359K +18,379 New
M1FG
16
Mach-1 Financial Group
Arkansas
$340K +$352K +18,018 New
CFGS
17
Concourse Financial Group Securities
Alabama
$299K +$102K +5,236 +49%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$295K +$69.1K +3,535 +29%
KAS
19
Kestra Advisory Services
Texas
$261K +$270K +13,812 New
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$245K +$254K +12,981 New
CIAS
21
Capital Investment Advisory Services
North Carolina
$213K +$10.4K +530 +5%
OIA
22
OneDigital Investment Advisors
Kansas
$198K +$9.91K +507 +5%
Carson Wealth (CWM LLC)
23
Carson Wealth (CWM LLC)
Nebraska
$191K +$166K +8,514 +535%
GM
24
GeoWealth Management
Illinois
$170K -$21.6K -1,105 -11%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$113K +$30.8K +1,574 +36%

FTQI Hedge Fund Activity: Q3 2023 in Review

31 of the 6,302 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 Q3 2023, worth a combined $45.1M — up 29% from $34.9M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FTQI positions and 4 closed out — a net gain of 6 holders — while 13 added to existing stakes and 6 trimmed.

The largest buyer was LPL Financial, adding an estimated $6.85M. The largest seller was Integrated Wealth Concepts, cutting an estimated $479K.

  • 31 institutional investors held First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) as of Q3 2023, up from 25 in Q2 2023.
  • Funds reported $45.1M of First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF stock for Q3 2023, up 29% quarter-over-quarter.
  • 10 funds opened new First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF positions in Q3 2023 and 4 closed out, a net change of +6 holders.
  • The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF buyer in Q3 2023 was LPL Financial, an estimated $6.85M added.
  • The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF seller in Q3 2023 was Integrated Wealth Concepts, an estimated $479K sold.

Based on aggregated 13F filings for Q3 2023.