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First Trust Nasdaq Bank ETF

67 hedge funds and large institutions have $78M invested in First Trust Nasdaq Bank ETF in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 31 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

5% more funds holding

Funds holding: 6467 (+3)

5% less capital invested

Capital invested by funds: $81.7M → $78M (-$3.76M)

2.21% less ownership

Funds ownership: 56.54%54.33% (-2.2%)

58% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 31

Holders
67
Holders Change
+3
Holders Change %
+4.69%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
13
Reduced
31
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$13.3M -$280K -10,407 -2%
Wells Fargo
2
Wells Fargo
California
$10.1M -$580K -21,591 -6%
LPL Financial
3
LPL Financial
California
$5.74M -$1.08M -40,026 -16%
UBS Group
4
UBS Group
Switzerland
$5.25M -$382K -14,201 -7%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$3.61M -$4.22M -156,778 -55%
Millennium Management
6
Millennium Management
New York
$3.44M +$476K +17,716 +17%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$3.3M -$1.15M -42,921 -27%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$3.1M +$535K +19,881 +22%
Bank of America
9
Bank of America
North Carolina
$2.86M -$1.28M -47,777 -32%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$1.91M -$345K -12,831 -16%
MFG
11
Merit Financial Group
Georgia
$1.55M +$1.48M +54,957 New
Stifel Financial
12
Stifel Financial
Missouri
$1.53M +$1.46M +54,384 New
AC
13
Avestar Capital
New York
$1.5M -$63.2K -2,350 -4%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$1.39M +$35.9K +1,335 +3%
Jane Street
15
Jane Street
New York
$1.27M +$272K +10,099 +29%
RJA
16
Raymond James & Associates
Florida
$1.26M -$226K -8,393 -16%
DADC
17
D.A. Davidson & Co
Montana
$1.14M -$68.5K -2,546 -6%
SG
18
StoneX Group
New York
$1.11M +$1.06M +39,534 New
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$1.01M +$35.2K +1,310 +4%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$943K -$272K -10,126 -22%
WI
21
Wintrust Investments
Illinois
$869K +$55.6K +2,067 +7%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$832K -$542K -20,160 -41%
AG
23
Advisor Group
Arizona
$831K +$19.5K +727 +3%
JIP
24
Jaffetilchin Investment Partners
Florida
$800K +$16.2K +602 +2%
FAAS
25
First Allied Advisory Services
California
$728K -$218K -8,117 -24%

FTXO Hedge Fund Activity: Q4 2019 in Review

67 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q4 2019, worth a combined $78M — down 4.6% from $81.7M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FTXO positions and 10 closed out — a net gain of 4 holders — while 13 added to existing stakes and 31 trimmed.

The largest buyer was Merit Financial Group, opening a new position worth an estimated $1.48M. The largest seller was Royal Bank of Canada, cutting an estimated $4.22M.

  • 67 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q4 2019, up from 64 in Q3 2019.
  • Funds reported $78M of First Trust Nasdaq Bank ETF stock for Q4 2019, down 4.6% quarter-over-quarter.
  • 14 funds opened new First Trust Nasdaq Bank ETF positions in Q4 2019 and 10 closed out, a net change of +4 holders.
  • The largest First Trust Nasdaq Bank ETF buyer in Q4 2019 was Merit Financial Group, an estimated $1.48M added.
  • The largest First Trust Nasdaq Bank ETF seller in Q4 2019 was Royal Bank of Canada, an estimated $4.22M sold.

Based on aggregated 13F filings for Q4 2019.