First Trust Indxx Innovative Transaction & Process ETF
LEGR
63 hedge funds and large institutions have $38.5M invested in First Trust Indxx Innovative Transaction & Process ETF in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 10 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
1.48% less ownership
Funds ownership: 38.24% → 36.77% (-1.5%)
3% less funds holding
Funds holding: 65 → 63 (-2)
15% less capital invested
Capital invested by funds: $45.2M → $38.5M (-$6.68M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$812K |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$345K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$286K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.41M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.51M |
| 3 |
Jane Street
New York
|
-$1.33M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.04M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$908K |
LEGR Hedge Fund Activity: Q3 2022 in Review
63 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q3 2022, worth a combined $38.5M — down 15% from $45.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LEGR and 8 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 23 added.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $2.12M. The largest seller was Ameriprise, cutting an estimated $2.41M.
- 63 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q3 2022, down from 65 in Q2 2022.
- Funds reported $38.5M of First Trust Indxx Innovative Transaction & Process ETF stock for Q3 2022, down 15% quarter-over-quarter.
- 8 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q3 2022 and 10 closed out, a net change of -2 holders.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q3 2022 was Old Mission Capital, an estimated $2.12M added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q3 2022 was Ameriprise, an estimated $2.41M sold.
Based on aggregated 13F filings for Q3 2022.