First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
263 hedge funds and large institutions have $1.07B invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2024 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 105 increasing their positions, 60 reducing their positions, and 26 closing their positions.
112% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 26
75% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 60
36% more capital invested
Capital invested by funds: $788M → $1.07B (+$286M)
11% more funds holding
Funds holding: 237 → 263 (+26)
7.81% more ownership
Funds ownership: 54.96% → 62.77% (+7.8%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$60.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$39.8M |
| 3 |
Morgan Stanley
New York
|
+$28.3M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$18.7M |
| 5 |
LPL Financial
San Diego,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$12.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.49M |
| 3 |
Jane Street
New York
|
-$3.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.39M |
| 5 |
AssetMark Inc
Concord,
California
|
-$3.22M |
GRID Hedge Fund Activity: Q3 2024 in Review
263 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q3 2024, worth a combined $1.07B — up 36% from $788M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new GRID positions and 26 closed out — a net gain of 29 holders — while 105 added to existing stakes and 60 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $60.1M. The largest seller was Bank Hapoalim BM, exiting entirely with an estimated $12.3M sold.
- 263 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q3 2024, up from 237 in Q2 2024.
- Funds reported $1.07B of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q3 2024, up 36% quarter-over-quarter.
- 55 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q3 2024 and 26 closed out, a net change of +29 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $60.1M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q3 2024 was Bank Hapoalim BM, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2024.