First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
238 hedge funds and large institutions have $799M invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2024 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 92 increasing their positions, 49 reducing their positions, and 7 closing their positions.
757% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 7
88% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 49
48% more capital invested
Capital invested by funds: $540M → $799M (+$259M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more funds holding
Funds holding: 191 → 238 (+47)
1.26% more ownership
Funds ownership: 54.17% → 55.43% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$95.3M |
| 2 |
Morgan Stanley
New York
|
+$21.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.1M |
| 4 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$12.4M |
| 5 |
LPL Financial
San Diego,
California
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$6.75M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.53M |
| 3 |
KFGK
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
|
-$2.37M |
| 4 |
GWM
Gitterman Wealth Management
Edison,
New Jersey
|
-$932K |
| 5 |
MD
Money Design
Tokyo,
Japan
|
-$859K |
GRID Hedge Fund Activity: Q2 2024 in Review
238 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q2 2024, worth a combined $799M — up 48% from $540M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new GRID positions and 7 closed out — a net gain of 53 holders — while 92 added to existing stakes and 49 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $95.3M. The largest seller was National Bank of Canada, cutting an estimated $6.75M.
- 238 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q2 2024, up from 191 in Q1 2024.
- Funds reported $799M of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q2 2024, up 48% quarter-over-quarter.
- 60 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q2 2024 and 7 closed out, a net change of +53 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q2 2024 was AssetMark Inc, an estimated $95.3M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q2 2024 was National Bank of Canada, an estimated $6.75M sold.
Based on aggregated 13F filings for Q2 2024.