First Trust Nasdaq Bank ETF
FTXO
76 hedge funds and large institutions have $79.8M invested in First Trust Nasdaq Bank ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 16 closing their positions.
1.75% more ownership
Funds ownership: 57.41% → 59.16% (+1.7%)
8% less funds holding
Funds holding: 83 → 76 (-7)
17% less capital invested
Capital invested by funds: $96.6M → $79.8M (-$16.8M)
22% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 32
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.9M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$432K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$430K |
| 4 |
EH
Equitable Holdings
New York
|
+$391K |
| 5 |
LPL Financial
San Diego,
California
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.65M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.46M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.72M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.43M |
| 5 |
Morgan Stanley
New York
|
-$1.16M |
FTXO Hedge Fund Activity: Q2 2023 in Review
76 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q2 2023, worth a combined $79.8M — down 17% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FTXO and 10 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 25 added.
The largest buyer was International Assets Investment Management, opening a new position worth an estimated $1.9M. The largest seller was Wells Fargo, cutting an estimated $4.65M.
- 76 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q2 2023, down from 83 in Q1 2023.
- Funds reported $79.8M of First Trust Nasdaq Bank ETF stock for Q2 2023, down 17% quarter-over-quarter.
- 10 funds opened new First Trust Nasdaq Bank ETF positions in Q2 2023 and 16 closed out, a net change of -6 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q2 2023 was International Assets Investment Management, an estimated $1.9M added.
- The largest First Trust Nasdaq Bank ETF seller in Q2 2023 was Wells Fargo, an estimated $4.65M sold.
Based on aggregated 13F filings for Q2 2023.