First Trust Nasdaq Bank ETF
FTXO
67 hedge funds and large institutions have $95.6M invested in First Trust Nasdaq Bank ETF in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 38 reducing their positions, and 38 closing their positions.
16.07% more ownership
Funds ownership: 41.71% → 57.78% (+16%)
29% less funds holding
Funds holding: 94 → 67 (-27)
66% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 38
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
68% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 38
83% less capital invested
Capital invested by funds: $559M → $95.6M (-$463M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.81M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$1.78M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.34M |
| 4 |
MM
Main Management
San Francisco,
California
|
+$806K |
| 5 |
AT
Arden Trust
Wilmington,
Delaware
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$105M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$55.3M |
| 3 |
Millennium Management
New York
|
-$36.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$30.5M |
| 5 |
Jane Street
New York
|
-$25.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
101
Steward Partners Investment Advisory
New York
| – | -$17K | -625 | Closed |
|
|
MWM
102
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$7K | -268 | Closed |
|
|
AP
103
Atwood & Palmer
Kansas City,
Missouri
| – | -$4K | -145 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -80 | Closed |
|
FTXO Hedge Fund Activity: Q4 2018 in Review
67 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q4 2018, worth a combined $95.6M — down 83% from $559M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of FTXO and 12 opened new positions — a net loss of 26 holders — while 38 trimmed existing stakes and 13 added.
The largest buyer was Envestnet Asset Management, adding an estimated $1.81M. The largest seller was Morgan Stanley, cutting an estimated $105M.
- 67 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q4 2018, down from 94 in Q3 2018.
- Funds reported $95.6M of First Trust Nasdaq Bank ETF stock for Q4 2018, down 83% quarter-over-quarter.
- 12 funds opened new First Trust Nasdaq Bank ETF positions in Q4 2018 and 38 closed out, a net change of -26 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q4 2018 was Envestnet Asset Management, an estimated $1.81M added.
- The largest First Trust Nasdaq Bank ETF seller in Q4 2018 was Morgan Stanley, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2018.