First Trust Nasdaq Oil & Gas ETF
FTXN
105 hedge funds and large institutions have $219M invested in First Trust Nasdaq Oil & Gas ETF in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 25 increasing their positions, 46 reducing their positions, and 24 closing their positions.
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 104 → 105 (+1)
32.65% less ownership
Funds ownership: 88.54% → 55.89% (-33%)
46% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 46
79% less capital invested
Capital invested by funds: $1.06B → $219M (-$845M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$13.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$13.6M |
| 3 |
HF
HRT Financial
New York
|
+$3.73M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.79M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$688M |
| 2 |
Morgan Stanley
New York
|
-$48.4M |
| 3 |
ODG
O'Dell Group
Cincinnati,
Ohio
|
-$19.8M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$19.1M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$12.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
126
Register Financial Advisors
Atlanta,
Georgia
| – | -$19.2K | -687 | Closed |
|
|
NFSG
127
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$16.5K | -600 | Closed |
|
|
CS
128
Credit Suisse
Zurich,
Switzerland
| – | -$8.42K | -301 | Closed |
|
129
US Bancorp
Minneapolis,
Minnesota
| – | -$5.59K | -200 | Closed |
|
FTXN Hedge Fund Activity: Q1 2023 in Review
105 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Oil & Gas ETF (FTXN) for Q1 2023, worth a combined $219M — down 79% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FTXN positions and 24 closed out — a net gain of 3 holders — while 25 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $13.8M. The largest seller was First Trust Advisors, exiting entirely with an estimated $688M sold.
- 105 institutional investors held First Trust Nasdaq Oil & Gas ETF (FTXN) as of Q1 2023, up from 104 in Q4 2022.
- Funds reported $219M of First Trust Nasdaq Oil & Gas ETF stock for Q1 2023, down 79% quarter-over-quarter.
- 27 funds opened new First Trust Nasdaq Oil & Gas ETF positions in Q1 2023 and 24 closed out, a net change of +3 holders.
- The largest First Trust Nasdaq Oil & Gas ETF buyer in Q1 2023 was Bank of America, an estimated $13.8M added.
- The largest First Trust Nasdaq Oil & Gas ETF seller in Q1 2023 was First Trust Advisors, an estimated $688M sold.
Based on aggregated 13F filings for Q1 2023.