First Trust Nasdaq Bank ETF
FTXO
70 hedge funds and large institutions have $81M invested in First Trust Nasdaq Bank ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 38 reducing their positions, and 16 closing their positions.
11% more capital invested
Capital invested by funds: $72.7M → $81M (+$8.35M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.5% less ownership
Funds ownership: 57.42% → 53.92% (-3.5%)
11% less funds holding
Funds holding: 79 → 70 (-9)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
58% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.25M |
| 2 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$3.72M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$584K |
| 4 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$299K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.27M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$874K |
| 4 |
LPL Financial
San Diego,
California
|
-$823K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$785K |
FTXO Hedge Fund Activity: Q4 2023 in Review
70 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Trust Nasdaq Bank ETF (FTXO) for Q4 2023, worth a combined $81M — up 11% from $72.7M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FTXO and 7 opened new positions — a net loss of 9 holders — while 38 trimmed existing stakes and 16 added.
The largest buyer was UBS Group, adding an estimated $4.25M. The largest seller was Envestnet Asset Management, cutting an estimated $4.5M.
- 70 institutional investors held First Trust Nasdaq Bank ETF (FTXO) as of Q4 2023, down from 79 in Q3 2023.
- Funds reported $81M of First Trust Nasdaq Bank ETF stock for Q4 2023, up 11% quarter-over-quarter.
- 7 funds opened new First Trust Nasdaq Bank ETF positions in Q4 2023 and 16 closed out, a net change of -9 holders.
- The largest First Trust Nasdaq Bank ETF buyer in Q4 2023 was UBS Group, an estimated $4.25M added.
- The largest First Trust Nasdaq Bank ETF seller in Q4 2023 was Envestnet Asset Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q4 2023.