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First Trust Dorsey Wright Focus 5 ETF

273 hedge funds and large institutions have $2.58B invested in First Trust Dorsey Wright Focus 5 ETF in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 72 increasing their positions, 113 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

122% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 18

31% more capital invested

Capital invested by funds: $1.97B → $2.58B (+$609M)

20% more funds holding in top 10

Funds holding in top 10: 1012 (+2)

11.22% more ownership

Funds ownership: 63.54%74.76% (+11%)

8% more funds holding

Funds holding: 253273 (+20)

36% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 113

Holders
273
Holders Change
+20
Holders Change %
+7.91%
% of All Funds
3.98%
Holding in Top 10
12
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+20%
% of All Funds
0.17%
New
40
Increased
72
Reduced
113
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$726M +$303M +6,565,516 +87%
Wells Fargo
2
Wells Fargo
California
$217M -$23.5M -508,651 -11%
LPL Financial
3
LPL Financial
California
$213M -$4.84M -104,829 -2%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$154M -$3.96M -85,761 -3%
UBS Group
5
UBS Group
Switzerland
$107M +$974K +21,091 +1%
Bank of America
6
Bank of America
North Carolina
$88.7M -$557K -12,057 -0.7%
RJA
7
Raymond James & Associates
Florida
$85.3M +$2.73M +59,069 +4%
Osaic Holdings
8
Osaic Holdings
Arizona
$71.7M -$9.73M -210,597 -13%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$55.1M -$5.53M -119,747 -10%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$53.9M -$2.75M -59,434 -5%
PFS
11
Prospera Financial Services
Texas
$51.9M -$31.8M -687,603 -41%
NA
12
NewEdge Advisors
Louisiana
$49.4M +$1.84M +39,933 +4%
CIA
13
Concurrent Investment Advisors
Florida
$29.5M +$26.5M +572,706 New
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$26.7M -$2.77M -60,040 -10%
SWMG
15
Sard Wealth Management Group
Georgia
$26.5M +$23.7M +514,023 New
MFS
16
Madrona Financial Services
Washington
$25.2M +$2.68M +58,105 +13%
DADC
17
D.A. Davidson & Co
Montana
$23.3M +$1.26M +27,326 +6%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$21.2M +$2.83M +61,190 +18%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$21M -$3.42M -74,035 -15%
Stifel Financial
20
Stifel Financial
Missouri
$20M -$1.29M -28,031 -7%
CAN
21
Cetera Advisor Networks
California
$19.6M -$820K -17,750 -4%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$18.8M +$1.07M +23,152 +7%
PAG
23
Private Advisor Group
New Jersey
$16.5M -$750K -16,236 -5%
AP
24
Atwood & Palmer
Missouri
$16.3M +$165K +3,562 +1%
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$15.4M -$273K -5,907 -2%

FV Hedge Fund Activity: Q4 2023 in Review

273 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Focus 5 ETF (FV) for Q4 2023, worth a combined $2.58B — up 31% from $1.97B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new FV positions and 18 closed out — a net gain of 22 holders — while 72 added to existing stakes and 113 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $303M. The largest seller was Prospera Financial Services, cutting an estimated $31.8M.

  • 273 institutional investors held First Trust Dorsey Wright Focus 5 ETF (FV) as of Q4 2023, up from 253 in Q3 2023.
  • Funds reported $2.58B of First Trust Dorsey Wright Focus 5 ETF stock for Q4 2023, up 31% quarter-over-quarter.
  • 40 funds opened new First Trust Dorsey Wright Focus 5 ETF positions in Q4 2023 and 18 closed out, a net change of +22 holders.
  • The largest First Trust Dorsey Wright Focus 5 ETF buyer in Q4 2023 was Morgan Stanley, an estimated $303M added.
  • The largest First Trust Dorsey Wright Focus 5 ETF seller in Q4 2023 was Prospera Financial Services, an estimated $31.8M sold.

Based on aggregated 13F filings for Q4 2023.