First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
157 hedge funds and large institutions have $354M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 53 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
9% more capital invested
Capital invested by funds: $326M → $354M (+$28.5M)
5% more funds holding
Funds holding: 150 → 157 (+7)
6% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 53
1.64% less ownership
Funds ownership: 52.54% → 50.9% (-1.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
+$9.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.49M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.42M |
| 4 |
Morgan Stanley
New York
|
+$4.31M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$12.6M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$5.41M |
| 3 |
AOG
Alpha Omega Group
Reston,
Virginia
|
-$2.82M |
| 4 |
MD
Money Design
Tokyo,
Japan
|
-$2.75M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.12M |
GRID Hedge Fund Activity: Q1 2023 in Review
157 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q1 2023, worth a combined $354M — up 8.7% from $326M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GRID positions and 12 closed out — a net gain of 9 holders — while 50 added to existing stakes and 53 trimmed.
The largest buyer was Barings, opening a new position worth an estimated $9.55M. The largest seller was Jane Street, cutting an estimated $12.6M.
- 157 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q1 2023, up from 150 in Q4 2022.
- Funds reported $354M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q1 2023, up 8.7% quarter-over-quarter.
- 21 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q1 2023 and 12 closed out, a net change of +9 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q1 2023 was Barings, an estimated $9.55M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q1 2023 was Jane Street, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2023.