First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
14 hedge funds and large institutions have $1.47M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 13 → 14 (+1)
17% less capital invested
Capital invested by funds: $1.77M → $1.47M (-$301K)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$343K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$10.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$410K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$107K |
| 3 |
PIM
Progressive Investment Management
Lake Oswego,
Oregon
|
-$99K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$45.3K |
| 5 |
Morgan Stanley
New York
|
-$25.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $644K | -$410K | -13,013 | -41% |
|
|
2
Jane Street
New York
| $379K | +$343K | +10,908 | New |
|
|
3
UBS Group
Zurich,
Switzerland
| $175K | -$107K | -3,384 | -40% |
|
|
4
Morgan Stanley
New York
| $146K | -$25.5K | -809 | -16% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $39K | -$45.3K | -1,440 | -56% |
|
6
Bank of America
Charlotte,
North Carolina
| $32K | -$24.1K | -767 | -45% |
|
7
Wells Fargo
San Francisco,
California
| $19K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $13K | +$10.4K | +330 | +767% |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $11K | – | – | – |
|
|
GI
10
Gradient Investments
Arden Hills,
Minnesota
| $9K | – | – | – |
|
11
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
GWM
12
Geneos Wealth Management
Englewood,
Colorado
| $3K | +$3.15K | +100 | New |
|
|
PIM
13
Progressive Investment Management
Lake Oswego,
Oregon
| – | -$99K | -2,973 | Closed |
|
GRID Hedge Fund Activity: Q1 2016 in Review
14 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q1 2016, worth a combined $1.47M — down 17% from $1.77M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GRID positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $343K. The largest seller was Susquehanna International Group, cutting an estimated $410K.
- 14 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q1 2016, up from 13 in Q4 2015.
- Funds reported $1.47M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q1 2016, down 17% quarter-over-quarter.
- 2 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q1 2016 and 1 closed out, a net change of +1 holder.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q1 2016 was Jane Street, an estimated $343K added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q1 2016 was Susquehanna International Group, an estimated $410K sold.
Based on aggregated 13F filings for Q1 2016.