First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
45 hedge funds and large institutions have $55M invested in First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 2 closing their positions.
700% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 2
45% more funds holding
Funds holding: 31 → 45 (+14)
22% more capital invested
Capital invested by funds: $45.1M → $55M (+$9.93M)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
15.69% less ownership
Funds ownership: 56.18% → 40.5% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.85M |
| 2 |
SCA
Snowden Capital Advisors
New York
|
+$928K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$735K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$579K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$561K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$3.45M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$1.36M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$253K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$167K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$131K |
FTQI Hedge Fund Activity: Q4 2023 in Review
45 of the 6,860 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 2023, worth a combined $55M — up 22% from $45.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FTQI positions and 2 closed out — a net gain of 14 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.85M. The largest seller was Prospera Financial Services, exiting entirely with an estimated $3.45M sold.
- 45 institutional investors held First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF (FTQI) as of Q4 2023, up from 31 in Q3 2023.
- Funds reported $55M of First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF stock for Q4 2023, up 22% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF positions in Q4 2023 and 2 closed out, a net change of +14 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF buyer in Q4 2023 was LPL Financial, an estimated $3.85M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF seller in Q4 2023 was Prospera Financial Services, an estimated $3.45M sold.
Based on aggregated 13F filings for Q4 2023.