First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
182 hedge funds and large institutions have $461M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2023 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 37 increasing their positions, 84 reducing their positions, and 31 closing their positions.
1% more funds holding
Funds holding: 180 → 182 (+2)
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
1.12% less ownership
Funds ownership: 57.62% → 56.5% (-1.1%)
21% less capital invested
Capital invested by funds: $587M → $461M (-$126M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.7M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$5.55M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$4.65M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.56M |
| 5 |
PI
PFG Investments
Woodbury,
New York
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$102M |
| 2 |
B
Barings
Charlotte,
North Carolina
|
-$29.2M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$22.6M |
| 4 |
Jane Street
New York
|
-$15.8M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$11.4M |
GRID Hedge Fund Activity: Q4 2023 in Review
182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q4 2023, worth a combined $461M — down 21% from $587M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new GRID positions and 31 closed out — a net gain of 3 holders — while 37 added to existing stakes and 84 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $39.7M. The largest seller was AssetMark Inc, cutting an estimated $102M.
- 182 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q4 2023, up from 180 in Q3 2023.
- Funds reported $461M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q4 2023, down 21% quarter-over-quarter.
- 34 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q4 2023 and 31 closed out, a net change of +3 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q4 2023 was Morgan Stanley, an estimated $39.7M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q4 2023 was AssetMark Inc, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2023.