First Trust Dorsey Wright Focus 5 ETF
332 hedge funds and large institutions have $2.37B invested in First Trust Dorsey Wright Focus 5 ETF in 2025 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 95 increasing their positions, 127 reducing their positions, and 17 closing their positions.
141% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 17
6% more funds holding
Funds holding: 313 → 332 (+19)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.19% less ownership
Funds ownership: 65.57% → 65.39% (-0.19%)
3% less capital invested
Capital invested by funds: $2.43B → $2.37B (-$69.6M)
25% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AlphaCore Capital
La Jolla,
California
|
+$8.84M |
| 2 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$7.65M |
| 3 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$4.15M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.51M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$21M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$20.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$19.3M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$10.6M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.24M |
FV Hedge Fund Activity: Q4 2025 in Review
332 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Focus 5 ETF (FV) for Q4 2025, worth a combined $2.37B — down 2.9% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FV positions and 17 closed out — a net gain of 24 holders — while 95 added to existing stakes and 127 trimmed.
The largest buyer was AlphaCore Capital, opening a new position worth an estimated $8.84M. The largest seller was Morgan Stanley, cutting an estimated $21M.
- 332 institutional investors held First Trust Dorsey Wright Focus 5 ETF (FV) as of Q4 2025, up from 313 in Q3 2025.
- Funds reported $2.37B of First Trust Dorsey Wright Focus 5 ETF stock for Q4 2025, down 2.9% quarter-over-quarter.
- 41 funds opened new First Trust Dorsey Wright Focus 5 ETF positions in Q4 2025 and 17 closed out, a net change of +24 holders.
- The largest First Trust Dorsey Wright Focus 5 ETF buyer in Q4 2025 was AlphaCore Capital, an estimated $8.84M added.
- The largest First Trust Dorsey Wright Focus 5 ETF seller in Q4 2025 was Morgan Stanley, an estimated $21M sold.
Based on aggregated 13F filings for Q4 2025.