First Trust Long Duration Opportunities ETF
LGOV
96 hedge funds and large institutions have $355M invested in First Trust Long Duration Opportunities ETF in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 47 increasing their positions, 17 reducing their positions, and 11 closing their positions.
176% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 17
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
57% more capital invested
Capital invested by funds: $227M → $355M (+$128M)
19.68% more ownership
Funds ownership: 80.84% → 100.51% (+20%)
19% more funds holding
Funds holding: 81 → 96 (+15)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$18.2M |
| 3 |
Morgan Stanley
New York
|
+$18.2M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$8.95M |
| 5 |
AWS
Atria Wealth Solutions
New York
|
+$8.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FS
Ferguson Shapiro
Decatur,
Georgia
|
-$6.62M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.06M |
| 3 |
SCA
Snowden Capital Advisors
New York
|
-$1.36M |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.08M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$855K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KA
101
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$342K | -15,453 | Closed |
|
|
PFA
102
Pinnacle Family Advisors
Springfield,
Missouri
| – | -$276K | -12,482 | Closed |
|
103
MML Investors Services
Springfield,
Massachusetts
| – | -$227K | -10,258 | Closed |
|
104
UBS Group
Zurich,
Switzerland
| – | -$26.8K | -1,209 | Closed |
|
|
ASN
105
Advisory Services Network
Atlanta,
Georgia
| – | -$25K | -1,130 | Closed |
|
|
AWM
106
Avior Wealth Management
Omaha,
Nebraska
| – | -$3.1K | -140 | Closed |
|
|
GRP
107
Global Retirement Partners
San Rafael,
California
| – | -$2.04K | -94 | Closed |
|
LGOV Hedge Fund Activity: Q1 2024 in Review
96 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust Long Duration Opportunities ETF (LGOV) for Q1 2024, worth a combined $355M — up 57% from $227M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new LGOV positions and 11 closed out — a net gain of 17 holders — while 47 added to existing stakes and 17 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $18.5M. The largest seller was Ferguson Shapiro, cutting an estimated $6.62M.
- 96 institutional investors held First Trust Long Duration Opportunities ETF (LGOV) as of Q1 2024, up from 81 in Q4 2023.
- Funds reported $355M of First Trust Long Duration Opportunities ETF stock for Q1 2024, up 57% quarter-over-quarter.
- 28 funds opened new First Trust Long Duration Opportunities ETF positions in Q1 2024 and 11 closed out, a net change of +17 holders.
- The largest First Trust Long Duration Opportunities ETF buyer in Q1 2024 was Envestnet Asset Management, an estimated $18.5M added.
- The largest First Trust Long Duration Opportunities ETF seller in Q1 2024 was Ferguson Shapiro, an estimated $6.62M sold.
Based on aggregated 13F filings for Q1 2024.