First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
10 hedge funds and large institutions have $2.48M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 2 closing their positions.
23% more capital invested
Capital invested by funds: $2.01M → $2.48M (+$471K)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.21M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$707K |
| 2 |
Jane Street
New York
|
-$259K |
| 3 |
Morgan Stanley
New York
|
-$76.4K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$25K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$18.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.24M | +$1.21M | +31,865 | New |
|
|
U
2
UBS
Zurich,
Switzerland
| $766K | +$207K | +5,456 | +38% |
|
|
3
Morgan Stanley
New York
| $175K | -$76.4K | -2,013 | -31% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $160K | -$18.2K | -478 | -10% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $75K | -$707K | -18,626 | -91% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $24K | -$11.7K | -307 | -33% |
|
7
Wells Fargo
San Francisco,
California
| $17K | -$760 | -20 | -4% |
|
|
PAS
8
Partnervest Advisory Services
Santa Barbara,
California
| $13K | – | – | – |
|
9
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
10
Jane Street
New York
| – | -$259K | -7,174 | Closed |
|
|
WEC
11
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$25K | -700 | Closed |
|
GRID Hedge Fund Activity: Q1 2014 in Review
10 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q1 2014, worth a combined $2.48M — up 23% from $2.01M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GRID and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.21M. The largest seller was Royal Bank of Canada, cutting an estimated $707K.
- 10 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q1 2014, down from 11 in Q4 2013.
- Funds reported $2.48M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q1 2014, up 23% quarter-over-quarter.
- 1 fund opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q1 2014 was Susquehanna International Group, an estimated $1.21M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q1 2014 was Royal Bank of Canada, an estimated $707K sold.
Based on aggregated 13F filings for Q1 2014.