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First Trust Nasdaq Bank ETF

67 hedge funds and large institutions have $78M invested in First Trust Nasdaq Bank ETF in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 31 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

5% more funds holding

Funds holding: 6467 (+3)

5% less capital invested

Capital invested by funds: $81.7M → $78M (-$3.76M)

2.21% less ownership

Funds ownership: 56.54%54.33% (-2.2%)

58% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 31

Holders
67
Holders Change
+3
Holders Change %
+4.69%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
13
Reduced
31
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TRCT
26
Tower Research Capital (TRC)
New York
$718K -$775K -28,819 -53%
PAG
27
Private Advisor Group
New Jersey
$718K -$96.2K -3,579 -12%
BWCS
28
Beirne Wealth Consulting Services
Connecticut
$690K -$1.56M -58,206 -70%
AT
29
Arden Trust
Delaware
$660K -$2.45K -91 -0.4%
Goldman Sachs
30
Goldman Sachs
New York
$612K
SCA
31
Snowden Capital Advisors
New York
$451K -$434K -16,132 -50%
WS
32
Wedbush Securities
California
$433K +$126K +4,675 +44%
FAIM
33
Financial Advocates Investment Management
Washington
$426K +$175K +6,514 +76%
Truist Financial
34
Truist Financial
North Carolina
$353K +$336K +12,510 New
MIAN
35
Mariner Independent Advisor Network
Kansas
$351K -$120K -4,457 -26%
SPC
36
Sigma Planning Corp
Michigan
$337K +$45.3K +1,686 +16%
Koshinski Asset Management
37
Koshinski Asset Management
Illinois
$330K +$315K +11,714 New
BWFA
38
Baltimore-Washington Financial Advisors
Maryland
$324K -$3.33K -124 -1%
RIA
39
Regal Investment Advisors
Michigan
$320K -$17.4K -647 -5%
VAG
40
VisionPoint Advisory Group
Texas
$310K -$2.18K -81 -0.7%
CAN
41
Cetera Advisor Networks
California
$283K -$550K -20,451 -67%
PFS
42
Prospera Financial Services
Texas
$225K
IA
43
IFG Advisory
Georgia
$218K +$208K +7,737 New
CFGS
44
Concourse Financial Group Securities
Alabama
$194K -$109K -4,069 -37%
VCP
45
Verus Capital Partners
Arizona
$177K +$169K +6,273 New
1W
46
1776 Wealth
Georgia
$96K +$91.6K +3,408 New
BFEC
47
Benjamin F. Edwards & Company
Missouri
$89K -$61.6K -2,292 -42%
JCM
48
Jacobi Capital Management
Pennsylvania
$72K +$538 +20 +0.8%
MM
49
Main Management
California
$50K
SPIA
50
Steward Partners Investment Advisory
New York
$28K

FTXO Hedge Fund Activity: Q4 2019 in Review

67 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q4 2019, worth a combined $78M — down 4.6% from $81.7M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FTXO positions and 10 closed out — a net gain of 4 holders — while 13 added to existing stakes and 31 trimmed.

The largest buyer was Merit Financial Group, opening a new position worth an estimated $1.48M. The largest seller was Royal Bank of Canada, cutting an estimated $4.22M.

  • 67 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q4 2019, up from 64 in Q3 2019.
  • Funds reported $78M of First Trust Nasdaq Bank ETF stock for Q4 2019, down 4.6% quarter-over-quarter.
  • 14 funds opened new First Trust Nasdaq Bank ETF positions in Q4 2019 and 10 closed out, a net change of +4 holders.
  • The largest First Trust Nasdaq Bank ETF buyer in Q4 2019 was Merit Financial Group, an estimated $1.48M added.
  • The largest First Trust Nasdaq Bank ETF seller in Q4 2019 was Royal Bank of Canada, an estimated $4.22M sold.

Based on aggregated 13F filings for Q4 2019.