First Trust Indxx Innovative Transaction & Process ETF
LEGR
53 hedge funds and large institutions have $34.2M invested in First Trust Indxx Innovative Transaction & Process ETF in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 5 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less capital invested
Capital invested by funds: $35.2M → $34.2M (-$960K)
3.03% less ownership
Funds ownership: 41% → 37.97% (-3%)
4% less funds holding
Funds holding: 55 → 53 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$1.34M |
| 2 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$474K |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$220K |
| 4 |
AOG
Alpha Omega Group
Reston,
Virginia
|
+$114K |
| 5 |
LPL Financial
San Diego,
California
|
+$63.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$1.45M |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$994K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$980K |
| 4 |
Jane Street
New York
|
-$599K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$413K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $2.68K | -$2.44K | -50 | -48% |
|
|
HFS
52
Hantz Financial Services
Southfield,
Michigan
| $1K | – | – | – |
|
53
Wells Fargo
San Francisco,
California
| $54 | -$12.2K | -250 | -100% |
|
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$980K | -21,132 | Closed |
|
|
55
Jane Street
New York
| – | -$599K | -12,900 | Closed |
|
|
POIA
56
Pin Oak Investment Advisors
Houston,
Texas
| – | -$118K | -2,500 | Closed |
|
|
CFD
57
Creative Financial Designs
Kokomo,
Indiana
| – | -$3.22K | -69 | Closed |
|
|
CAS
58
Coppell Advisory Solutions
Coppell,
Texas
| – | -$2.69K | -58 | Closed |
|
LEGR Hedge Fund Activity: Q1 2025 in Review
53 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q1 2025, worth a combined $34.2M — down 2.7% from $35.2M a quarter earlier.
Fund positioning in LEGR was balanced in Q1 2025: 5 funds opened new positions, 5 closed out, 18 added to existing stakes and 14 trimmed.
The largest buyer was F.L. Putnam Investment Management, opening a new position worth an estimated $1.34M. The largest seller was Financial Engines Advisors, cutting an estimated $1.45M.
- 53 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q1 2025, down from 55 in Q4 2024.
- Funds reported $34.2M of First Trust Indxx Innovative Transaction & Process ETF stock for Q1 2025, down 2.7% quarter-over-quarter.
- 5 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q1 2025 and 5 closed out, a net change of 0 holders.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q1 2025 was F.L. Putnam Investment Management, an estimated $1.34M added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q1 2025 was Financial Engines Advisors, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2025.