First Trust Nasdaq Food & Beverage ETF
FTXG
64 hedge funds and large institutions have $98.9M invested in First Trust Nasdaq Food & Beverage ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 30 reducing their positions, and 25 closing their positions.
19% less funds holding
Funds holding: 79 → 64 (-15)
23.44% less ownership
Funds ownership: 93.62% → 70.18% (-23%)
43% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 30
60% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 25
89% less capital invested
Capital invested by funds: $934M → $98.9M (-$835M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$6.29M |
| 2 |
NP
Nilsine Partners
Greenwood Village,
Colorado
|
+$4.77M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$2.82M |
| 4 |
Jane Street
New York
|
+$2.63M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$669M |
| 2 |
Morgan Stanley
New York
|
-$26.2M |
| 3 |
ODG
O'Dell Group
Cincinnati,
Ohio
|
-$16.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$16M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$14M |
FTXG Hedge Fund Activity: Q3 2023 in Review
64 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Food & Beverage ETF (FTXG) for Q3 2023, worth a combined $98.9M — down 89% from $934M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FTXG and 10 opened new positions — a net loss of 15 holders — while 30 trimmed existing stakes and 17 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $6.29M. The largest seller was First Trust Advisors, exiting entirely with an estimated $669M sold.
- 64 institutional investors held First Trust Nasdaq Food & Beverage ETF (FTXG) as of Q3 2023, down from 79 in Q2 2023.
- Funds reported $98.9M of First Trust Nasdaq Food & Beverage ETF stock for Q3 2023, down 89% quarter-over-quarter.
- 10 funds opened new First Trust Nasdaq Food & Beverage ETF positions in Q3 2023 and 25 closed out, a net change of -15 holders.
- The largest First Trust Nasdaq Food & Beverage ETF buyer in Q3 2023 was Goldman Sachs, an estimated $6.29M added.
- The largest First Trust Nasdaq Food & Beverage ETF seller in Q3 2023 was First Trust Advisors, an estimated $669M sold.
Based on aggregated 13F filings for Q3 2023.