First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
16 hedge funds and large institutions have $3.08M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 2 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
16.92% more ownership
Funds ownership: 0% → 16.92% (+17%)
15% more capital invested
Capital invested by funds: $2.68M → $3.08M (+$404K)
7% more funds holding
Funds holding: 15 → 16 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$389K |
| 2 |
FA
FDx Advisors
Chicago,
Illinois
|
+$342K |
| 3 |
Jane Street
New York
|
+$181K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$66.9K |
| 5 |
Morgan Stanley
New York
|
+$62.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$724K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$12K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
GRID Hedge Fund Activity: Q4 2016 in Review
16 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q4 2016, worth a combined $3.08M — up 15% from $2.68M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GRID positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Kovack Advisors, opening a new position worth an estimated $389K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $724K sold.
- 16 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q4 2016, up from 15 in Q3 2016.
- Funds reported $3.08M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q4 2016, up 15% quarter-over-quarter.
- 3 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q4 2016 and 2 closed out, a net change of +1 holder.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q4 2016 was Kovack Advisors, an estimated $389K added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q4 2016 was Susquehanna International Group, an estimated $724K sold.
Based on aggregated 13F filings for Q4 2016.