First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
18 hedge funds and large institutions have $8.36M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
3.22% more ownership
Funds ownership: 26.56% → 29.78% (+3.2%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
5% less capital invested
Capital invested by funds: $8.8M → $8.36M (-$443K)
10% less funds holding
Funds holding: 20 → 18 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$889K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$805K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$416K |
| 4 |
LPL Financial
San Diego,
California
|
+$235K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$604K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$203K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$26.4K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$20.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$13K |
GRID Hedge Fund Activity: Q1 2020 in Review
18 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q1 2020, worth a combined $8.36M — down 5% from $8.8M a quarter earlier.
Fund positioning in GRID was balanced in Q1 2020: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $889K. The largest seller was Alpine Woods Capital Investors, exiting entirely with an estimated $604K sold.
- 18 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q1 2020, down from 20 in Q4 2019.
- Funds reported $8.36M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q1 2020, down 5% quarter-over-quarter.
- 4 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q1 2020 and 4 closed out, a net change of 0 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q1 2020 was Jane Street, an estimated $889K added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q1 2020 was Alpine Woods Capital Investors, an estimated $604K sold.
Based on aggregated 13F filings for Q1 2020.