First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
57 hedge funds and large institutions have $324M invested in First Trust Dorsey Wright Dynamic Focus 5 ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 28 reducing their positions, and 10 closing their positions.
0.74% less ownership
Funds ownership: 69.93% → 69.18% (-0.74%)
8% less funds holding
Funds holding: 62 → 57 (-5)
10% less capital invested
Capital invested by funds: $361M → $324M (-$36.8M)
25% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 28
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$4.35M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.62M |
| 3 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$2.11M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.7M |
| 5 |
Morgan Stanley
New York
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$12.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.8M |
| 4 |
LPL Financial
San Diego,
California
|
-$4.41M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.15M |
FVC Hedge Fund Activity: Q3 2019 in Review
57 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) for Q3 2019, worth a combined $324M — down 10% from $361M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FVC and 5 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 21 added.
The largest buyer was IFG Advisory, opening a new position worth an estimated $4.35M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $12.4M.
- 57 institutional investors held First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) as of Q3 2019, down from 62 in Q2 2019.
- Funds reported $324M of First Trust Dorsey Wright Dynamic Focus 5 ETF stock for Q3 2019, down 10% quarter-over-quarter.
- 5 funds opened new First Trust Dorsey Wright Dynamic Focus 5 ETF positions in Q3 2019 and 10 closed out, a net change of -5 holders.
- The largest First Trust Dorsey Wright Dynamic Focus 5 ETF buyer in Q3 2019 was IFG Advisory, an estimated $4.35M added.
- The largest First Trust Dorsey Wright Dynamic Focus 5 ETF seller in Q3 2019 was Raymond James Financial Services Advisors, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2019.