First Trust Indxx Innovative Transaction & Process ETF
LEGR
61 hedge funds and large institutions have $35.9M invested in First Trust Indxx Innovative Transaction & Process ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 12 closing their positions.
5.19% less ownership
Funds ownership: 35.69% → 30.5% (-5.2%)
7% less capital invested
Capital invested by funds: $38.5M → $35.9M (-$2.63M)
12% less funds holding
Funds holding: 69 → 61 (-8)
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$751K |
| 2 |
EA
Eudaimonia Advisors
Winchester,
Tennessee
|
+$641K |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$583K |
| 4 |
AOG
Alpha Omega Group
Reston,
Virginia
|
+$321K |
| 5 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.85M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.56M |
| 3 |
Jane Street
New York
|
-$1.11M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$874K |
| 5 |
TA
TrueWealth Advisors
Birmingham,
Alabama
|
-$874K |
LEGR Hedge Fund Activity: Q1 2023 in Review
61 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q1 2023, worth a combined $35.9M — down 6.8% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of LEGR and 6 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 15 added.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $751K. The largest seller was Royal Bank of Canada, cutting an estimated $2.85M.
- 61 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q1 2023, down from 69 in Q4 2022.
- Funds reported $35.9M of First Trust Indxx Innovative Transaction & Process ETF stock for Q1 2023, down 6.8% quarter-over-quarter.
- 6 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q1 2023 and 12 closed out, a net change of -6 holders.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q1 2023 was Old Mission Capital, an estimated $751K added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q1 2023 was Royal Bank of Canada, an estimated $2.85M sold.
Based on aggregated 13F filings for Q1 2023.