First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
191 hedge funds and large institutions have $540M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 55 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
29% more capital invested
Capital invested by funds: $417M → $540M (+$123M)
24% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 55
4% more funds holding
Funds holding: 183 → 191 (+8)
3.02% more ownership
Funds ownership: 51.16% → 54.17% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$27.9M |
| 2 |
GWM
Gitterman Wealth Management
Edison,
New Jersey
|
+$19.2M |
| 3 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
+$15.2M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$13.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$8.4M |
| 2 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$6.31M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.86M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.05M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$3.59M |
GRID Hedge Fund Activity: Q1 2024 in Review
191 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q1 2024, worth a combined $540M — up 29% from $417M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new GRID positions and 19 closed out — a net gain of 12 holders — while 68 added to existing stakes and 55 trimmed.
The largest buyer was Traphagen Investment Advisors, adding an estimated $27.9M. The largest seller was Osaic Holdings, cutting an estimated $8.4M.
- 191 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q1 2024, up from 183 in Q4 2023.
- Funds reported $540M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q1 2024, up 29% quarter-over-quarter.
- 31 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q1 2024 and 19 closed out, a net change of +12 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q1 2024 was Traphagen Investment Advisors, an estimated $27.9M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q1 2024 was Osaic Holdings, an estimated $8.4M sold.
Based on aggregated 13F filings for Q1 2024.