First Trust Indxx Innovative Transaction & Process ETF
LEGR
24 hedge funds and large institutions have $13M invested in First Trust Indxx Innovative Transaction & Process ETF in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
31% more capital invested
Capital invested by funds: $9.9M → $13M (+$3.06M)
4% more funds holding
Funds holding: 23 → 24 (+1)
3.73% more ownership
Funds ownership: 26.84% → 30.56% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.3M |
| 2 |
EH
Equitable Holdings
New York
|
+$262K |
| 3 |
Jane Street
New York
|
+$202K |
| 4 |
LPL Financial
San Diego,
California
|
+$192K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$39.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.82M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$237K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$222K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$141K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$101K |
LEGR Hedge Fund Activity: Q3 2020 in Review
24 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q3 2020, worth a combined $13M — up 31% from $9.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LEGR positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $4.3M. The largest seller was Citadel Advisors, cutting an estimated $1.82M.
- 24 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q3 2020, up from 23 in Q2 2020.
- Funds reported $13M of First Trust Indxx Innovative Transaction & Process ETF stock for Q3 2020, up 31% quarter-over-quarter.
- 4 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q3 2020 and 3 closed out, a net change of +1 holder.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q3 2020 was Bank of America, an estimated $4.3M added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q3 2020 was Citadel Advisors, an estimated $1.82M sold.
Based on aggregated 13F filings for Q3 2020.