First Trust Nasdaq Bank ETF
FTXO
83 hedge funds and large institutions have $96.6M invested in First Trust Nasdaq Bank ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 15 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
6% less funds holding
Funds holding: 88 → 83 (-5)
7.33% less ownership
Funds ownership: 64.74% → 57.41% (-7.3%)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
22% less capital invested
Capital invested by funds: $124M → $96.6M (-$27.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.16M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.86M |
| 3 |
Morgan Stanley
New York
|
+$1.31M |
| 4 |
SCA
Snowden Capital Advisors
New York
|
+$910K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.82M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.66M |
| 3 |
Bank of New York Mellon
New York
|
-$1.5M |
| 4 |
Goldman Sachs
New York
|
-$1.2M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.12M |
FTXO Hedge Fund Activity: Q1 2023 in Review
83 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q1 2023, worth a combined $96.6M — down 22% from $124M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FTXO and 13 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 34 added.
The largest buyer was Wells Fargo, adding an estimated $3.16M. The largest seller was Envestnet Asset Management, cutting an estimated $5.82M.
- 83 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q1 2023, down from 88 in Q4 2022.
- Funds reported $96.6M of First Trust Nasdaq Bank ETF stock for Q1 2023, down 22% quarter-over-quarter.
- 13 funds opened new First Trust Nasdaq Bank ETF positions in Q1 2023 and 15 closed out, a net change of -2 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q1 2023 was Wells Fargo, an estimated $3.16M added.
- The largest First Trust Nasdaq Bank ETF seller in Q1 2023 was Envestnet Asset Management, an estimated $5.82M sold.
Based on aggregated 13F filings for Q1 2023.