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First Trust Nasdaq Bank ETF

76 hedge funds and large institutions have $79.8M invested in First Trust Nasdaq Bank ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.75% more ownership

Funds ownership: 57.41%59.16% (+1.7%)

8% less funds holding

Funds holding: 8376 (-7)

17% less capital invested

Capital invested by funds: $96.6M → $79.8M (-$16.8M)

22% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 32

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.26M

Holders
76
Holders Change
-7
Holders Change %
-8.43%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
25
Reduced
32
Closed
16
Calls
Puts
$1.26M
Net Calls
-$1.26M
Net Calls Change
-$1.26M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$13.4M -$1.16M -55,579 -8%
LPL Financial
2
LPL Financial
California
$9.62M +$308K +14,729 +3%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$5.09M -$230K -10,972 -4%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$4.61M -$1.43M -68,246 -24%
Cambridge Investment Research Advisors
5
Cambridge Investment Research Advisors
Iowa
$4.21M -$104K -4,974 -2%
UBS Group
6
UBS Group
Switzerland
$3.36M -$923K -44,073 -22%
Wells Fargo
7
Wells Fargo
California
$3.33M -$4.65M -222,147 -59%
Bank of America
8
Bank of America
North Carolina
$2.96M -$585K -27,970 -17%
IAIM
9
International Assets Investment Management
Florida
$2.68M +$1.9M +90,847 New
Osaic Holdings
10
Osaic Holdings
Arizona
$2.67M -$3.46M -165,384 -57%
Ameriprise
11
Ameriprise
Minnesota
$1.88M -$513K -24,495 -22%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$1.67M +$69.6K +3,323 +4%
CA
13
Cetera Advisors
Colorado
$1.33M -$296K -14,137 -18%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$1.28M -$67.4K -3,218 -5%
CAS
15
Coppell Advisory Solutions
Texas
$1.26M +$33.9K +1,620 +3%
AAS
16
Avantax Advisory Services
Texas
$1.24M -$628K -30,004 -34%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$1.16M -$97.7K -4,667 -8%
SCA
18
Snowden Capital Advisors
New York
$1.14M -$539K -25,740 -32%
RJA
19
Raymond James & Associates
Florida
$1.12M +$12.9K +615 +1%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$1.11M -$383K -18,284 -26%
Goldman Sachs
21
Goldman Sachs
New York
$986K -$392K -18,724 -29%
Citadel Advisors
22
Citadel Advisors
Florida
$941K +$430K +20,538 +86%
SAM
23
Secure Asset Management
Michigan
$923K -$526K -25,116 -37%
Qube Research & Technologies (QRT)
24
Qube Research & Technologies (QRT)
United Kingdom
$828K +$230K +10,979 +23,867%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$784K +$73.7K +3,521 +11%

FTXO Hedge Fund Activity: Q2 2023 in Review

76 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q2 2023, worth a combined $79.8M — down 17% from $96.6M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of FTXO and 10 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 25 added.

The largest buyer was International Assets Investment Management, opening a new position worth an estimated $1.9M. The largest seller was Wells Fargo, cutting an estimated $4.65M.

  • 76 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q2 2023, down from 83 in Q1 2023.
  • Funds reported $79.8M of First Trust Nasdaq Bank ETF stock for Q2 2023, down 17% quarter-over-quarter.
  • 10 funds opened new First Trust Nasdaq Bank ETF positions in Q2 2023 and 16 closed out, a net change of -6 holders.
  • The largest First Trust Nasdaq Bank ETF buyer in Q2 2023 was International Assets Investment Management, an estimated $1.9M added.
  • The largest First Trust Nasdaq Bank ETF seller in Q2 2023 was Wells Fargo, an estimated $4.65M sold.

Based on aggregated 13F filings for Q2 2023.