First Trust Nasdaq Bank ETF
FTXO
58 hedge funds and large institutions have $80.9M invested in First Trust Nasdaq Bank ETF in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.38% less ownership
Funds ownership: 57.38% → 55% (-2.4%)
11% less funds holding
Funds holding: 65 → 58 (-7)
16% less capital invested
Capital invested by funds: $96.3M → $80.9M (-$15.4M)
41% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 27
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.07M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$693K |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$662K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$456K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.83M |
| 2 |
Morgan Stanley
New York
|
-$4.47M |
| 3 |
Jane Street
New York
|
-$2.2M |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$2.15M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.31M |
FTXO Hedge Fund Activity: Q2 2019 in Review
58 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q2 2019, worth a combined $80.9M — down 16% from $96.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FTXO and 6 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 16 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.07M. The largest seller was Wells Fargo, cutting an estimated $4.83M.
- 58 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q2 2019, down from 65 in Q1 2019.
- Funds reported $80.9M of First Trust Nasdaq Bank ETF stock for Q2 2019, down 16% quarter-over-quarter.
- 6 funds opened new First Trust Nasdaq Bank ETF positions in Q2 2019 and 11 closed out, a net change of -5 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q2 2019 was Royal Bank of Canada, an estimated $1.07M added.
- The largest First Trust Nasdaq Bank ETF seller in Q2 2019 was Wells Fargo, an estimated $4.83M sold.
Based on aggregated 13F filings for Q2 2019.