First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
22 hedge funds and large institutions have $9.81M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
22% more funds holding
Funds holding: 18 → 22 (+4)
17% more capital invested
Capital invested by funds: $8.36M → $9.81M (+$1.46M)
4.37% less ownership
Funds ownership: 29.78% → 25.41% (-4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$703K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$237K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$230K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$170K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.47M |
| 2 |
Morgan Stanley
New York
|
-$688K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$192K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$65.7K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$15.7K |
GRID Hedge Fund Activity: Q2 2020 in Review
22 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q2 2020, worth a combined $9.81M — up 17% from $8.36M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GRID positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $703K. The largest seller was Jane Street, cutting an estimated $1.47M.
- 22 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q2 2020, up from 18 in Q1 2020.
- Funds reported $9.81M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q2 2020, up 17% quarter-over-quarter.
- 6 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q2 2020 and 2 closed out, a net change of +4 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q2 2020 was Bank of America, an estimated $703K added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q2 2020 was Jane Street, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2020.