First Trust Dorsey Wright Focus 5 ETF
322 hedge funds and large institutions have $2.08B invested in First Trust Dorsey Wright Focus 5 ETF in 2026 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 87 increasing their positions, 138 reducing their positions, and 30 closing their positions.
1.54% less ownership
Funds ownership: 65.38% → 63.84% (-1.5%)
3% less funds holding
Funds holding: 331 → 322 (-9)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
12% less capital invested
Capital invested by funds: $2.37B → $2.08B (-$285M)
17% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 30
37% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWS
Proactive Wealth Strategies
Marietta,
Georgia
|
+$19.1M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$14.8M |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$10.5M |
| 4 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
+$6.9M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$4.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$68.1M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$31.8M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$31.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$30.1M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$24.5M |
FV Hedge Fund Activity: Q1 2026 in Review
322 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Focus 5 ETF (FV) for Q1 2026, worth a combined $2.08B — down 12% from $2.37B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FV and 25 opened new positions — a net loss of 5 holders — while 138 trimmed existing stakes and 87 added.
The largest buyer was Proactive Wealth Strategies, adding an estimated $19.1M. The largest seller was LPL Financial, cutting an estimated $68.1M.
- 322 institutional investors held First Trust Dorsey Wright Focus 5 ETF (FV) as of Q1 2026, down from 331 in Q4 2025.
- Funds reported $2.08B of First Trust Dorsey Wright Focus 5 ETF stock for Q1 2026, down 12% quarter-over-quarter.
- 25 funds opened new First Trust Dorsey Wright Focus 5 ETF positions in Q1 2026 and 30 closed out, a net change of -5 holders.
- The largest First Trust Dorsey Wright Focus 5 ETF buyer in Q1 2026 was Proactive Wealth Strategies, an estimated $19.1M added.
- The largest First Trust Dorsey Wright Focus 5 ETF seller in Q1 2026 was LPL Financial, an estimated $68.1M sold.
Based on aggregated 13F filings for Q1 2026.