First Trust Nasdaq Bank ETF
FTXO
64 hedge funds and large institutions have $81.7M invested in First Trust Nasdaq Bank ETF in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 28 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
10% more funds holding
Funds holding: 58 → 64 (+6)
1.54% more ownership
Funds ownership: 55% → 56.54% (+1.5%)
1% more capital invested
Capital invested by funds: $80.9M → $81.7M (+$864K)
39% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 28
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.62M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.76M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.67M |
| 4 |
VF
Virtu Financial
New York
|
+$1.26M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.37M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.54M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.02M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$904K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$889K |
FTXO Hedge Fund Activity: Q3 2019 in Review
64 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q3 2019, worth a combined $81.7M — up 1.1% from $80.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTXO positions and 4 closed out — a net gain of 6 holders — while 17 added to existing stakes and 28 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.62M. The largest seller was Envestnet Asset Management, cutting an estimated $2.37M.
- 64 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q3 2019, up from 58 in Q2 2019.
- Funds reported $81.7M of First Trust Nasdaq Bank ETF stock for Q3 2019, up 1.1% quarter-over-quarter.
- 10 funds opened new First Trust Nasdaq Bank ETF positions in Q3 2019 and 4 closed out, a net change of +6 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q3 2019 was Millennium Management, an estimated $2.62M added.
- The largest First Trust Nasdaq Bank ETF seller in Q3 2019 was Envestnet Asset Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2019.