First Trust Dorsey Wright Focus 5 ETF
254 hedge funds and large institutions have $1.97B invested in First Trust Dorsey Wright Focus 5 ETF in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 86 increasing their positions, 102 reducing their positions, and 18 closing their positions.
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0.43% more ownership
Funds ownership: 63.15% → 63.58% (+0.43%)
1% less funds holding
Funds holding: 256 → 254 (-2)
7% less capital invested
Capital invested by funds: $2.11B → $1.97B (-$145M)
16% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
+$10.8M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$9.7M |
| 3 |
MFS
Madrona Financial Services
Everett,
Washington
|
+$8.46M |
| 4 |
LPL Financial
San Diego,
California
|
+$6.07M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$46.7M |
| 2 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$9.45M |
| 3 |
DWMG
DB Wealth Management Group
San Diego,
California
|
-$4.3M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$4.17M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.95M |
FV Hedge Fund Activity: Q3 2023 in Review
254 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Focus 5 ETF (FV) for Q3 2023, worth a combined $1.97B — down 6.9% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FV positions and 18 closed out — a net gain of 1 holder — while 86 added to existing stakes and 102 trimmed.
The largest buyer was MinichMacGregor Wealth Management, adding an estimated $10.8M. The largest seller was Morgan Stanley, cutting an estimated $46.7M.
- 254 institutional investors held First Trust Dorsey Wright Focus 5 ETF (FV) as of Q3 2023, down from 256 in Q2 2023.
- Funds reported $1.97B of First Trust Dorsey Wright Focus 5 ETF stock for Q3 2023, down 6.9% quarter-over-quarter.
- 19 funds opened new First Trust Dorsey Wright Focus 5 ETF positions in Q3 2023 and 18 closed out, a net change of +1 holder.
- The largest First Trust Dorsey Wright Focus 5 ETF buyer in Q3 2023 was MinichMacGregor Wealth Management, an estimated $10.8M added.
- The largest First Trust Dorsey Wright Focus 5 ETF seller in Q3 2023 was Morgan Stanley, an estimated $46.7M sold.
Based on aggregated 13F filings for Q3 2023.