First Trust Indxx Innovative Transaction & Process ETF
LEGR
27 hedge funds and large institutions have $11.5M invested in First Trust Indxx Innovative Transaction & Process ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.06% less ownership
Funds ownership: 34.12% → 34.06% (-0.06%)
10% less funds holding
Funds holding: 30 → 27 (-3)
25% less capital invested
Capital invested by funds: $15.3M → $11.5M (-$3.79M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$768K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$556K |
| 3 |
LPL Financial
San Diego,
California
|
+$158K |
| 4 |
Rockefeller Capital Management
New York
|
+$90.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$62.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$660K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$289K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$59K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$43.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
26
Global Retirement Partners
San Rafael,
California
| $1K | – | – | – |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$289K | -9,050 | Closed |
|
|
WAP
28
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$4K | -140 | Closed |
|
|
SIC
29
Samalin Investment Counsel
Chappaqua,
New York
| – | -$3K | -103 | Closed |
|
|
SFS
30
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$2.62K | -87 | Closed |
|
LEGR Hedge Fund Activity: Q1 2020 in Review
27 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q1 2020, worth a combined $11.5M — down 25% from $15.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LEGR and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $768K. The largest seller was Jane Street, cutting an estimated $1.22M.
- 27 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q1 2020, down from 30 in Q4 2019.
- Funds reported $11.5M of First Trust Indxx Innovative Transaction & Process ETF stock for Q1 2020, down 25% quarter-over-quarter.
- 3 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q1 2020 was Citadel Advisors, an estimated $768K added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q1 2020 was Jane Street, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2020.