First Trust Indxx Innovative Transaction & Process ETF
LEGR
55 hedge funds and large institutions have $49.9M invested in First Trust Indxx Innovative Transaction & Process ETF in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 6 closing their positions.
139% more capital inflows, than outflows
Capital inflows: $11.1M | Capital outflows: $4.65M
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
3.86% more ownership
Funds ownership: 39.43% → 43.3% (+3.9%)
2% less funds holding
Funds holding: 56 → 55 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.25M |
| 2 |
Kingswood Wealth Advisors
San Diego,
California
|
+$3.24M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$1.96M |
| 4 |
Steward Partners Investment Advisory
New York
|
+$321K |
| 5 |
Flow Traders U.S.
New York
|
+$93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
-$1.35M |
| 2 |
Old Mission Capital
Chicago,
Illinois
|
-$1.15M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$743K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$526K |
| 5 |
Jane Street
New York
|
-$224K |
LEGR Hedge Fund Activity: Q3 2025 in Review
55 of the 7,657 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx Innovative Transaction & Process ETF (LEGR) for Q3 2025, worth a combined $49.9M — up 20% from $41.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LEGR and 5 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 19 added.
The largest buyer was LPL Financial, adding an estimated $5.25M. The largest seller was F.L. Putnam Investment Management, cutting an estimated $1.35M.
- 55 institutional investors held First Trust Indxx Innovative Transaction & Process ETF (LEGR) as of Q3 2025, down from 56 in Q2 2025.
- Funds reported $49.9M of First Trust Indxx Innovative Transaction & Process ETF stock for Q3 2025, up 20% quarter-over-quarter.
- 5 funds opened new First Trust Indxx Innovative Transaction & Process ETF positions in Q3 2025 and 6 closed out, a net change of -1 holder.
- The largest First Trust Indxx Innovative Transaction & Process ETF buyer in Q3 2025 was LPL Financial, an estimated $5.25M added.
- The largest First Trust Indxx Innovative Transaction & Process ETF seller in Q3 2025 was F.L. Putnam Investment Management, an estimated $1.35M sold.
Based on aggregated 13F filings for Q3 2025.