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First Trust Nasdaq Food & Beverage ETF

39 hedge funds and large institutions have $31.7M invested in First Trust Nasdaq Food & Beverage ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% less funds holding

Funds holding: 5339 (-14)

29.95% less ownership

Funds ownership: 85.44%55.49% (-30%)

51% less capital invested

Capital invested by funds: $64.3M → $31.7M (-$32.5M)

81% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 16

81% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 27

Holders
39
Holders Change
-14
Holders Change %
-26.42%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
5
Reduced
27
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KFI
51
Key Financial Inc
Pennsylvania
-$3.44K -142 Closed
GI
52
Gradient Investments
Minnesota
-$3.37K -139 Closed
BBPWM
53
Blue Bell Private Wealth Management
Pennsylvania
-$2.43K -100 Closed
BEI
54
Benjamin Edwards Inc
Missouri
-$2K -96 Closed

FTXG Hedge Fund Activity: Q1 2024 in Review

39 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Food & Beverage ETF (FTXG) for Q1 2024, worth a combined $31.7M — down 51% from $64.3M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FTXG and 3 opened new positions — a net loss of 13 holders — while 27 trimmed existing stakes and 5 added.

The largest buyer was BBJS Financial Advisors, opening a new position worth an estimated $2.95M. The largest seller was Morgan Stanley, cutting an estimated $18.1M.

  • 39 institutional investors held First Trust Nasdaq Food & Beverage ETF (FTXG) as of Q1 2024, down from 53 in Q4 2023.
  • Funds reported $31.7M of First Trust Nasdaq Food & Beverage ETF stock for Q1 2024, down 51% quarter-over-quarter.
  • 3 funds opened new First Trust Nasdaq Food & Beverage ETF positions in Q1 2024 and 16 closed out, a net change of -13 holders.
  • The largest First Trust Nasdaq Food & Beverage ETF buyer in Q1 2024 was BBJS Financial Advisors, an estimated $2.95M added.
  • The largest First Trust Nasdaq Food & Beverage ETF seller in Q1 2024 was Morgan Stanley, an estimated $18.1M sold.

Based on aggregated 13F filings for Q1 2024.