First Trust Nasdaq Bank ETF
FTXO
69 hedge funds and large institutions have $92.5M invested in First Trust Nasdaq Bank ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 36 reducing their positions, and 16 closing their positions.
28% more capital invested
Capital invested by funds: $72.1M → $92.5M (+$20.3M)
4.55% more ownership
Funds ownership: 56.99% → 61.54% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 78 → 69 (-9)
53% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 36
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.25M |
| 3 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$3.72M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$584K |
| 5 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.27M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$874K |
| 4 |
LPL Financial
San Diego,
California
|
-$823K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$785K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OFS
76
OneAscent Financial Services
Birmingham,
Alabama
| – | -$231K | -11,191 | Closed |
|
|
PAS
77
Park Avenue Securities
New York
| – | -$222K | -10,729 | Closed |
|
|
AWS
78
Atria Wealth Solutions
New York
| – | -$213K | -10,299 | Closed |
|
|
BFEC
79
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$183K | -8,861 | Closed |
|
|
MIM
80
MTM Investment Management
Spartanburg,
South Carolina
| – | -$88.7K | -4,291 | Closed |
|
|
CFGS
81
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$61.3K | -2,802 | Closed |
|
|
BEI
82
Benjamin Edwards Inc
Clayton,
Missouri
| – | -$43K | -2,097 | Closed |
|
|
SS
83
Sunbelt Securities
Houston,
Texas
| – | -$9.4K | -455 | Closed |
|
|
RIA
84
Realta Investment Advisors
Wilmington,
Delaware
| – | -$7.13K | -336 | Closed |
|
|
SPIA
85
Steward Partners Investment Advisory
New York
| – | -$3.1K | -150 | Closed |
|
86
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$679 | -31 | -94% |
|
87
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$279 | -14 | Closed |
|
FTXO Hedge Fund Activity: Q4 2023 in Review
69 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q4 2023, worth a combined $92.5M — up 28% from $72.1M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FTXO and 7 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Envestnet Asset Management, cutting an estimated $4.5M.
- 69 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q4 2023, down from 78 in Q3 2023.
- Funds reported $92.5M of First Trust Nasdaq Bank ETF stock for Q4 2023, up 28% quarter-over-quarter.
- 7 funds opened new First Trust Nasdaq Bank ETF positions in Q4 2023 and 16 closed out, a net change of -9 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q4 2023 was Morgan Stanley, an estimated $10.1M added.
- The largest First Trust Nasdaq Bank ETF seller in Q4 2023 was Envestnet Asset Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q4 2023.