First Trust Nasdaq Oil & Gas ETF
FTXN
95 hedge funds and large institutions have $162M invested in First Trust Nasdaq Oil & Gas ETF in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 45 reducing their positions, and 22 closing their positions.
11.52% more ownership
Funds ownership: 55.89% → 67.41% (+12%)
10% less funds holding
Funds holding: 105 → 95 (-10)
26% less capital invested
Capital invested by funds: $219M → $162M (-$56.8M)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
44% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 45
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.19M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.1M |
| 3 |
SCA
Snowden Capital Advisors
New York
|
+$1M |
| 4 |
Goldman Sachs
New York
|
+$860K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$813K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$13.5M |
| 2 |
Morgan Stanley
New York
|
-$7.92M |
| 3 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
-$6.43M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.44M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.22M |
FTXN Hedge Fund Activity: Q2 2023 in Review
95 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Oil & Gas ETF (FTXN) for Q2 2023, worth a combined $162M — down 26% from $219M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FTXN and 14 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 25 added.
The largest buyer was LPL Financial, adding an estimated $2.19M. The largest seller was Bank of America, exiting entirely with an estimated $13.5M sold.
- 95 institutional investors held First Trust Nasdaq Oil & Gas ETF (FTXN) as of Q2 2023, down from 105 in Q1 2023.
- Funds reported $162M of First Trust Nasdaq Oil & Gas ETF stock for Q2 2023, down 26% quarter-over-quarter.
- 14 funds opened new First Trust Nasdaq Oil & Gas ETF positions in Q2 2023 and 22 closed out, a net change of -8 holders.
- The largest First Trust Nasdaq Oil & Gas ETF buyer in Q2 2023 was LPL Financial, an estimated $2.19M added.
- The largest First Trust Nasdaq Oil & Gas ETF seller in Q2 2023 was Bank of America, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2023.