First Trust Indxx Innovative Transaction & Process ETF
LEGR
61 hedge funds and large institutions have $29.4M invested in First Trust Indxx Innovative Transaction & Process ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 8 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 60 → 61 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.04% less ownership
Funds ownership: 40.33% → 31.29% (-9%)
32% less capital invested
Capital invested by funds: $43.2M → $29.4M (-$13.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$556K |
| 2 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$415K |
| 3 |
EA
Eudaimonia Advisors
Winchester,
Tennessee
|
+$415K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$329K |
| 5 |
AOG
Alpha Omega Group
Reston,
Virginia
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.63M |
| 2 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$4.8M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$718K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$689K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$560K |
LEGR Hedge Fund Activity: Q3 2023 in Review
61 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q3 2023, worth a combined $29.4M — down 32% from $43.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LEGR positions and 8 closed out — a net gain of 1 holder — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $556K. The largest seller was Jane Street, cutting an estimated $6.63M.
- 61 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q3 2023, up from 60 in Q2 2023.
- Funds reported $29.4M of First Trust Indxx Innovative Transaction & Process ETF stock for Q3 2023, down 32% quarter-over-quarter.
- 9 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q3 2023 and 8 closed out, a net change of +1 holder.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q3 2023 was Envestnet Asset Management, an estimated $556K added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q3 2023 was Jane Street, an estimated $6.63M sold.
Based on aggregated 13F filings for Q3 2023.