First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
79 hedge funds and large institutions have $123M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 31 increasing their positions, 1 reducing their positions, and 5 closing their positions.
3,000% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 1
720% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 5
131% more capital invested
Capital invested by funds: $53M → $123M (+$69.5M)
84% more funds holding
Funds holding: 43 → 79 (+36)
7.54% more ownership
Funds ownership: 37.91% → 45.45% (+7.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$8.07M |
| 2 |
Morgan Stanley
New York
|
+$4.76M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.1M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.86M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$758K |
| 2 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$340K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$280K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$109K |
| 5 |
KTC
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FP
76
Fiduciary Planning
Englewood,
Florida
| $3K | +$2.56K | +30 | New |
|
|
JCM
77
Jacobi Capital Management
Pittston,
Pennsylvania
| $3K | +$2.56K | +30 | New |
|
78
Fidelity Investments
Boston,
Massachusetts
| $3K | +$3.16K | +37 | New |
|
|
EFSCE
79
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $2K | – | – | – |
|
|
SWM
80
Spire Wealth Management
Mclean,
Virginia
| $2K | +$1.71K | +20 | New |
|
|
81
Citadel Advisors
Miami,
Florida
| – | -$758K | -9,360 | Closed |
|
|
CCFM
82
Clear Creek Financial Management
Silverdale,
Washington
| – | -$340K | -4,202 | Closed |
|
|
AAS
83
Avantax Advisory Services
Dallas,
Texas
| – | -$280K | -3,445 | Closed |
|
|
KTC
84
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$12K | -150 | Closed |
|
|
FWM
85
ForthRight Wealth Management
Alpharetta,
Georgia
| – | -$11K | -136 | Closed |
|
GRID Hedge Fund Activity: Q1 2021 in Review
79 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q1 2021, worth a combined $123M — up 131% from $53M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new GRID positions and 5 closed out — a net gain of 36 holders — while 31 added to existing stakes and 1 trimmed.
The largest buyer was Bank of America, adding an estimated $8.07M. The largest seller was Citadel Advisors, exiting entirely with an estimated $758K sold.
- 79 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q1 2021, up from 43 in Q4 2020.
- Funds reported $123M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q1 2021, up 131% quarter-over-quarter.
- 41 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q1 2021 and 5 closed out, a net change of +36 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q1 2021 was Bank of America, an estimated $8.07M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q1 2021 was Citadel Advisors, an estimated $758K sold.
Based on aggregated 13F filings for Q1 2021.