First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
264 hedge funds and large institutions have $1.08B invested in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund in 2024 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 106 increasing their positions, 60 reducing their positions, and 26 closing their positions.
112% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 26
77% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 60
36% more capital invested
Capital invested by funds: $799M → $1.08B (+$284M)
11% more funds holding
Funds holding: 238 → 264 (+26)
4.3% more ownership
Funds ownership: 55.43% → 59.73% (+4.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$39.8M |
| 2 |
Morgan Stanley
New York
|
+$28.3M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$18.7M |
| 4 |
LPL Financial
San Diego,
California
|
+$11.5M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$12.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.49M |
| 3 |
Jane Street
New York
|
-$3.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.39M |
| 5 |
AssetMark Inc
Concord,
California
|
-$3.22M |
GRID Hedge Fund Activity: Q3 2024 in Review
264 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) for Q3 2024, worth a combined $1.08B — up 36% from $799M a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new GRID positions and 26 closed out — a net gain of 29 holders — while 106 added to existing stakes and 60 trimmed.
The largest buyer was Bank of America, adding an estimated $39.8M. The largest seller was Bank Hapoalim BM, exiting entirely with an estimated $12.3M sold.
- 264 institutional investors held First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) as of Q3 2024, up from 238 in Q2 2024.
- Funds reported $1.08B of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock for Q3 2024, up 36% quarter-over-quarter.
- 55 funds opened new First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund positions in Q3 2024 and 26 closed out, a net change of +29 holders.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund buyer in Q3 2024 was Bank of America, an estimated $39.8M added.
- The largest First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund seller in Q3 2024 was Bank Hapoalim BM, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2024.