First Trust Nasdaq Bank ETF
FTXO
52 hedge funds and large institutions have $30.7M invested in First Trust Nasdaq Bank ETF in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 23 reducing their positions, and 20 closing their positions.
5.23% less ownership
Funds ownership: 54.33% → 49.11% (-5.2%)
22% less funds holding
Funds holding: 67 → 52 (-15)
39% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 23
61% less capital invested
Capital invested by funds: $78M → $30.7M (-$47.3M)
65% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Weil Company
San Diego,
California
|
+$1.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.44M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$714K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$393K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.44M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.07M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.55M |
| 4 |
Morgan Stanley
New York
|
-$1.91M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$1.55M |
FTXO Hedge Fund Activity: Q1 2020 in Review
52 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q1 2020, worth a combined $30.7M — down 61% from $78M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FTXO and 7 opened new positions — a net loss of 13 holders — while 23 trimmed existing stakes and 14 added.
The largest buyer was Weil Company, opening a new position worth an estimated $1.53M. The largest seller was Millennium Management, exiting entirely with an estimated $3.44M sold.
- 52 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q1 2020, down from 67 in Q4 2019.
- Funds reported $30.7M of First Trust Nasdaq Bank ETF stock for Q1 2020, down 61% quarter-over-quarter.
- 7 funds opened new First Trust Nasdaq Bank ETF positions in Q1 2020 and 20 closed out, a net change of -13 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q1 2020 was Weil Company, an estimated $1.53M added.
- The largest First Trust Nasdaq Bank ETF seller in Q1 2020 was Millennium Management, an estimated $3.44M sold.
Based on aggregated 13F filings for Q1 2020.