First Trust Indxx Innovative Transaction & Process ETF
LEGR
57 hedge funds and large institutions have $36.3M invested in First Trust Indxx Innovative Transaction & Process ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 7 closing their positions.
11% more capital invested
Capital invested by funds: $32.9M → $36.3M (+$3.47M)
3.02% more ownership
Funds ownership: 31.52% → 34.54% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 64 → 57 (-7)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$1.07M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$841K |
| 3 |
Jane Street
New York
|
+$431K |
| 4 |
EA
Eudaimonia Advisors
Winchester,
Tennessee
|
+$397K |
| 5 |
AOG
Alpha Omega Group
Reston,
Virginia
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$551K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$428K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$315K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$266K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
William Blair & Company
Chicago,
Illinois
| $4.29K | – | – | – |
|
|
TWC
52
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $4.27K | – | – | – |
|
|
CFD
53
Creative Financial Designs
Kokomo,
Indiana
| $2.92K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $1.94K | – | – | – |
|
|
VWM
55
Valley Wealth Managers
Paramus,
New Jersey
| $387 | – | – | – |
|
56
Wells Fargo
San Francisco,
California
| $47 | -$38.5K | -931 | -100% |
|
|
AWM
57
AE Wealth Management
Topeka,
Kansas
| – | -$266K | -6,527 | Closed |
|
58
JP Morgan Chase
New York
| – | -$14.7K | -359 | Closed |
|
|
CAL
59
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$11K | -281 | Closed |
|
|
ASN
60
Advisory Services Network
Atlanta,
Georgia
| – | -$10.9K | -266 | Closed |
|
|
TVAMP
61
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
| – | -$10.7K | -262 | Closed |
|
|
SWM
62
Sanctuary Wealth Management
Pocatello,
Idaho
| – | -$9.25K | -226 | Closed |
|
63
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$41 | -1 | Closed |
|
LEGR Hedge Fund Activity: Q1 2024 in Review
57 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q1 2024, worth a combined $36.3M — up 11% from $32.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LEGR and 2 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 15 added.
The largest buyer was Financial Engines Advisors, adding an estimated $1.07M. The largest seller was Bank of America, cutting an estimated $551K.
- 57 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q1 2024, down from 64 in Q4 2023.
- Funds reported $36.3M of First Trust Indxx Innovative Transaction & Process ETF stock for Q1 2024, up 11% quarter-over-quarter.
- 2 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q1 2024 and 7 closed out, a net change of -5 holders.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q1 2024 was Financial Engines Advisors, an estimated $1.07M added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q1 2024 was Bank of America, an estimated $551K sold.
Based on aggregated 13F filings for Q1 2024.