First Trust Long Duration Opportunities ETF
LGOV
29 hedge funds and large institutions have $43.6M invested in First Trust Long Duration Opportunities ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 4 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
96% more capital invested
Capital invested by funds: $22.2M → $43.6M (+$21.3M)
38% more funds holding
Funds holding: 21 → 29 (+8)
5.63% more ownership
Funds ownership: 84.5% → 90.14% (+5.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
GDS Wealth Management
Flower Mound,
Texas
|
+$7.73M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.76M |
| 3 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$3.14M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.79M |
| 5 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$2.84M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$330K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$114K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$17.5K |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$16.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
26
Belpointe Asset Management
Reno,
Nevada
| $6.03K | – | – | – |
|
|
AAS
27
Ameritas Advisory Services
Lincoln,
Nebraska
| $5.7K | +$5.63K | +250 | New |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | +$3.02K | +134 | New |
|
29
Wells Fargo
San Francisco,
California
| $39 | – | – | – |
|
|
FIM
30
Freedom Investment Management
Hartford,
Connecticut
| – | -$2.84M | -129,791 | Closed |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$330K | -15,084 | Closed |
|
|
32
UBS Group
Zurich,
Switzerland
| – | -$17.5K | -798 | Closed |
|
|
MCC
33
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$16.3K | -743 | Closed |
|
LGOV Hedge Fund Activity: Q1 2023 in Review
29 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Trust Long Duration Opportunities ETF (LGOV) for Q1 2023, worth a combined $43.6M — up 96% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new LGOV positions and 4 closed out — a net gain of 8 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was GDS Wealth Management, opening a new position worth an estimated $7.73M. The largest seller was Freedom Investment Management, exiting entirely with an estimated $2.84M sold.
- 29 institutional investors held First Trust Long Duration Opportunities ETF (LGOV) as of Q1 2023, up from 21 in Q4 2022.
- Funds reported $43.6M of First Trust Long Duration Opportunities ETF stock for Q1 2023, up 96% quarter-over-quarter.
- 12 funds opened new First Trust Long Duration Opportunities ETF positions in Q1 2023 and 4 closed out, a net change of +8 holders.
- The largest First Trust Long Duration Opportunities ETF buyer in Q1 2023 was GDS Wealth Management, an estimated $7.73M added.
- The largest First Trust Long Duration Opportunities ETF seller in Q1 2023 was Freedom Investment Management, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2023.