First Trust Nasdaq Bank ETF
FTXO
60 hedge funds and large institutions have $56.4M invested in First Trust Nasdaq Bank ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 29 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12.58% less ownership
Funds ownership: 61.54% → 48.96% (-13%)
13% less funds holding
Funds holding: 69 → 60 (-9)
39% less capital invested
Capital invested by funds: $92.5M → $56.4M (-$36.1M)
55% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 29
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$5.26M |
| 2 |
Jane Street
New York
|
+$567K |
| 3 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$450K |
| 4 |
Goldman Sachs
New York
|
+$288K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.78M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.04M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.74M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.64M |
FTXO Hedge Fund Activity: Q1 2024 in Review
60 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q1 2024, worth a combined $56.4M — down 39% from $92.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTXO and 6 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 13 added.
The largest buyer was Wagner Wealth Management (South Carolina), adding an estimated $5.26M. The largest seller was Morgan Stanley, cutting an estimated $17.7M.
- 60 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q1 2024, down from 69 in Q4 2023.
- Funds reported $56.4M of First Trust Nasdaq Bank ETF stock for Q1 2024, down 39% quarter-over-quarter.
- 6 funds opened new First Trust Nasdaq Bank ETF positions in Q1 2024 and 14 closed out, a net change of -8 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q1 2024 was Wagner Wealth Management (South Carolina), an estimated $5.26M added.
- The largest First Trust Nasdaq Bank ETF seller in Q1 2024 was Morgan Stanley, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2024.