First Trust Indxx Innovative Transaction & Process ETF
LEGR
65 hedge funds and large institutions have $45.7M invested in First Trust Indxx Innovative Transaction & Process ETF in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 13 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
1.36% less ownership
Funds ownership: 39.61% → 38.24% (-1.4%)
8% less funds holding
Funds holding: 71 → 65 (-6)
23% less capital invested
Capital invested by funds: $59.1M → $45.7M (-$13.3M)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$779K |
| 2 |
TA
TrueWealth Advisors
Birmingham,
Alabama
|
+$647K |
| 3 |
Vontobel Holding
Zurich,
Switzerland
|
+$552K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$515K |
| 5 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$1.87M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.21M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$649K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$540K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$521K |
LEGR Hedge Fund Activity: Q2 2022 in Review
65 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q2 2022, worth a combined $45.7M — down 23% from $59.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of LEGR and 7 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was International Assets Investment Management, opening a new position worth an estimated $779K. The largest seller was Stratos Wealth Advisors, exiting entirely with an estimated $1.87M sold.
- 65 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q2 2022, down from 71 in Q1 2022.
- Funds reported $45.7M of First Trust Indxx Innovative Transaction & Process ETF stock for Q2 2022, down 23% quarter-over-quarter.
- 7 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q2 2022 and 13 closed out, a net change of -6 holders.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q2 2022 was International Assets Investment Management, an estimated $779K added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q2 2022 was Stratos Wealth Advisors, an estimated $1.87M sold.
Based on aggregated 13F filings for Q2 2022.