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First Trust Nasdaq Bank ETF

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.

New
Increased
Maintained
Reduced
Closed

1.75% more ownership

Funds ownership: 57.41%59.16% (+1.7%)

8% less funds holding

Funds holding: 8376 (-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

Holders
76
Holders Change
-7
Holders Change %
-8.43%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
25
Reduced
32
Closed
16
Calls
Puts
$1.26M
Net Calls
-$1.26M
Net Calls Change
-$1.26M
Name Holding Trade Value Shares
Change
Change in
Stake
MIM
51
MTM Investment Management
South Carolina
$91.1K
AWM
52
Avior Wealth Management
Nebraska
$86K -$167K -7,992 -66%
CFGS
53
Concourse Financial Group Securities
Alabama
$58.2K -$37.6K -1,795 -40%
BEI
54
Benjamin Edwards Inc
Missouri
$44K +$1.65K +79 +4%
GWM
55
Geneos Wealth Management
Colorado
$38.5K +$9.08K +434 +31%
GRP
56
Global Retirement Partners
California
$26.4K +$1.53K +73 +6%
ACA
57
Aptus Capital Advisors
Alabama
$18.5K
CIAS
58
Capital Investment Advisory Services
North Carolina
$15.1K
FHA
59
First Horizon Advisors
Tennessee
$14.3K +$6.82K +326 +93%
LFG
60
Larson Financial Group
Missouri
$13.1K +$147 +7 +1%
TWM
61
Tradition Wealth Management
Minnesota
$12K
EWM
62
EPG Wealth Management
Georgia
$11.3K +$147 +7 +1%
SWM
63
Spire Wealth Management
Virginia
$11.3K -$460 -22 -4%
GWSG
64
GPS Wealth Strategies Group
Colorado
$11.2K
SS
65
Sunbelt Securities
Texas
$9.57K +$167 +8 +2%
WP
66
WealthShield Partners
North Carolina
$9.34K
RIA
67
Realta Investment Advisors
Delaware
$7.13K +$7.03K +336 New
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$5.98K -$5.65K -270 -50%
TFA
69
Transamerica Financial Advisors
Florida
$4K
SPIA
70
Steward Partners Investment Advisory
New York
$3.18K -$2.09K -100 -40%
TAM
71
Tucker Asset Management
Colorado
$2.97K -$14.2K -678 -83%
GWANC
72
Guardian Wealth Advisors (North Carolina)
North Carolina
$2.55K
WWMSC
73
Wagner Wealth Management (South Carolina)
South Carolina
$2.48K -$126 -6 -5%
KFI
74
Key Financial Inc
Pennsylvania
$1.74K
SIS
75
Sound Income Strategies
Florida
$1.65K +$1.61K +77 New

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.