First Trust Nasdaq Bank ETF
FTXO
42 hedge funds and large institutions have $30.2M invested in First Trust Nasdaq Bank ETF in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 14 closing their positions.
2% less capital invested
Capital invested by funds: $30.7M → $30.2M (-$522K)
1.2% less ownership
Funds ownership: 49.11% → 47.91% (-1.2%)
19% less funds holding
Funds holding: 52 → 42 (-10)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.46M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.5M |
| 3 |
Millennium Management
New York
|
+$943K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$325K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.59M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.55M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.41M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.39M |
| 5 |
WC
Weil Company
San Diego,
California
|
-$844K |
FTXO Hedge Fund Activity: Q2 2020 in Review
42 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q2 2020, worth a combined $30.2M — down 1.7% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTXO and 5 opened new positions — a net loss of 9 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Bank of America, adding an estimated $3.46M. The largest seller was Morgan Stanley, cutting an estimated $1.59M.
- 42 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q2 2020, down from 52 in Q1 2020.
- Funds reported $30.2M of First Trust Nasdaq Bank ETF stock for Q2 2020, down 1.7% quarter-over-quarter.
- 5 funds opened new First Trust Nasdaq Bank ETF positions in Q2 2020 and 14 closed out, a net change of -9 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q2 2020 was Bank of America, an estimated $3.46M added.
- The largest First Trust Nasdaq Bank ETF seller in Q2 2020 was Morgan Stanley, an estimated $1.59M sold.
Based on aggregated 13F filings for Q2 2020.