First Trust Nasdaq Bank ETF
FTXO
94 hedge funds and large institutions have $559M invested in First Trust Nasdaq Bank ETF in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
9% more funds holding
Funds holding: 86 → 94 (+8)
18% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 34
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45.82% less ownership
Funds ownership: 87.53% → 41.71% (-46%)
51% less capital invested
Capital invested by funds: $1.15B → $559M (-$587M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$64.2M |
| 2 |
Millennium Management
New York
|
+$38.7M |
| 3 |
Jane Street
New York
|
+$30.7M |
| 4 |
HF
HRT Financial
New York
|
+$21.3M |
| 5 |
VF
Virtu Financial
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$607M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$64.8M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$24.3M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$23M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$16.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SG
101
StoneX Group
New York
| – | -$595K | -20,886 | Closed |
|
102
M&T Bank
Buffalo,
New York
| – | -$264K | -9,279 | Closed |
|
|
JIP
103
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$203K | -7,134 | Closed |
|
104
SEI Investments
Oaks,
Pennsylvania
| – | -$11K | -385 | Closed |
|
|
WEC
105
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$12K | -380 | Closed |
|
106
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$8K | -280 | Closed |
|
107
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -266 | Closed |
|
|
CF
108
Centaurus Financial
Anaheim,
California
| – | -$7K | -257 | Closed |
|
|
SWP
109
Strategic Wealth Partners
Independence,
Ohio
| – | -$5K | -159 | Closed |
|
110
Fidelity Investments
Boston,
Massachusetts
| – | +$29 | +1 | New |
|
FTXO Hedge Fund Activity: Q3 2018 in Review
94 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q3 2018, worth a combined $559M — down 51% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FTXO positions and 16 closed out — a net gain of 8 holders — while 28 added to existing stakes and 34 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $64.2M. The largest seller was First Trust Advisors, exiting entirely with an estimated $607M sold.
- 94 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q3 2018, up from 86 in Q2 2018.
- Funds reported $559M of First Trust Nasdaq Bank ETF stock for Q3 2018, down 51% quarter-over-quarter.
- 24 funds opened new First Trust Nasdaq Bank ETF positions in Q3 2018 and 16 closed out, a net change of +8 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q3 2018 was Susquehanna International Group, an estimated $64.2M added.
- The largest First Trust Nasdaq Bank ETF seller in Q3 2018 was First Trust Advisors, an estimated $607M sold.
Based on aggregated 13F filings for Q3 2018.