First Trust Indxx Innovative Transaction & Process ETF
LEGR
23 hedge funds and large institutions have $9.9M invested in First Trust Indxx Innovative Transaction & Process ETF in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 6 closing their positions.
7.22% less ownership
Funds ownership: 34.06% → 26.84% (-7.2%)
14% less capital invested
Capital invested by funds: $11.5M → $9.9M (-$1.61M)
15% less funds holding
Funds holding: 27 → 23 (-4)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$482K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$209K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$151K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$133K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$60.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.31M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$899K |
| 3 |
Jane Street
New York
|
-$440K |
| 4 |
LPL Financial
San Diego,
California
|
-$247K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$23K | -942 | Closed |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -275 | Closed |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -41 | Closed |
|
LEGR Hedge Fund Activity: Q2 2020 in Review
23 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q2 2020, worth a combined $9.9M — down 14% from $11.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LEGR and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, adding an estimated $482K. The largest seller was Susquehanna International Group, cutting an estimated $2.31M.
- 23 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q2 2020, down from 27 in Q1 2020.
- Funds reported $9.9M of First Trust Indxx Innovative Transaction & Process ETF stock for Q2 2020, down 14% quarter-over-quarter.
- 3 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q2 2020 and 6 closed out, a net change of -3 holders.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q2 2020 was Citadel Advisors, an estimated $482K added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q2 2020 was Susquehanna International Group, an estimated $2.31M sold.
Based on aggregated 13F filings for Q2 2020.