First Trust Dorsey Wright Focus 5 ETF
169 hedge funds and large institutions have $1.06B invested in First Trust Dorsey Wright Focus 5 ETF in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 75 reducing their positions, and 16 closing their positions.
4% less capital invested
Capital invested by funds: $1.11B → $1.06B (-$46.3M)
2% less funds holding
Funds holding: 173 → 169 (-4)
5.1% less ownership
Funds ownership: 56.59% → 51.49% (-5.1%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
47% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.09M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$3.77M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$2.17M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.66M |
| 5 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$49.9M |
| 2 |
TLP
Trinity Legacy Partners
Houston,
Texas
|
-$44.3M |
| 3 |
Morgan Stanley
New York
|
-$14.4M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.57M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.52M |
FV Hedge Fund Activity: Q3 2020 in Review
169 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Focus 5 ETF (FV) for Q3 2020, worth a combined $1.06B — down 4.2% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FV and 13 opened new positions — a net loss of 3 holders — while 75 trimmed existing stakes and 40 added.
The largest buyer was Royal Bank of Canada, adding an estimated $6.09M. The largest seller was Prospera Financial Services, cutting an estimated $49.9M.
- 169 institutional investors held First Trust Dorsey Wright Focus 5 ETF (FV) as of Q3 2020, down from 173 in Q2 2020.
- Funds reported $1.06B of First Trust Dorsey Wright Focus 5 ETF stock for Q3 2020, down 4.2% quarter-over-quarter.
- 13 funds opened new First Trust Dorsey Wright Focus 5 ETF positions in Q3 2020 and 16 closed out, a net change of -3 holders.
- The largest First Trust Dorsey Wright Focus 5 ETF buyer in Q3 2020 was Royal Bank of Canada, an estimated $6.09M added.
- The largest First Trust Dorsey Wright Focus 5 ETF seller in Q3 2020 was Prospera Financial Services, an estimated $49.9M sold.
Based on aggregated 13F filings for Q3 2020.