First Trust Dorsey Wright Focus 5 ETF
255 hedge funds and large institutions have $2.11B invested in First Trust Dorsey Wright Focus 5 ETF in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 108 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
13% more capital invested
Capital invested by funds: $1.87B → $2.11B (+$239M)
5% more funds holding
Funds holding: 244 → 255 (+11)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.2% less ownership
Funds ownership: 63.32% → 63.11% (-0.2%)
31% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$35.8M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$32.5M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$16.8M |
| 4 |
Morgan Stanley
New York
|
+$10.5M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
One Capital Management
Westlake Village,
California
|
-$28.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$25.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$10M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7.63M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$6.64M |
FV Hedge Fund Activity: Q2 2023 in Review
255 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Focus 5 ETF (FV) for Q2 2023, worth a combined $2.11B — up 13% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FV positions and 15 closed out — a net gain of 13 holders — while 75 added to existing stakes and 108 trimmed.
The largest buyer was LPL Financial, adding an estimated $35.8M. The largest seller was One Capital Management, exiting entirely with an estimated $28.4M sold.
- 255 institutional investors held First Trust Dorsey Wright Focus 5 ETF (FV) as of Q2 2023, up from 244 in Q1 2023.
- Funds reported $2.11B of First Trust Dorsey Wright Focus 5 ETF stock for Q2 2023, up 13% quarter-over-quarter.
- 28 funds opened new First Trust Dorsey Wright Focus 5 ETF positions in Q2 2023 and 15 closed out, a net change of +13 holders.
- The largest First Trust Dorsey Wright Focus 5 ETF buyer in Q2 2023 was LPL Financial, an estimated $35.8M added.
- The largest First Trust Dorsey Wright Focus 5 ETF seller in Q2 2023 was One Capital Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2023.