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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
29
Holders Change
+8
Holders Change %
+38.1%
% of All Funds
0.46%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
12
Increased
10
Reduced
3
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GWM
GDS Wealth Management
Texas
+$7.73M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$6.76M
3
CW
Connectus Wealth
Ohio
+$3.14M
4
LPL Financial
LPL Financial
California
+$2.79M
5
MFGM
Marshall Financial Group (Maryland)
Maryland
+$2.48M

Top Sellers

Rank Fund Capital Flow
1
FIM
Freedom Investment Management
Connecticut
-$2.84M
2
Citadel Advisors
Citadel Advisors
Florida
-$330K
3
KAS
Kestra Advisory Services
Texas
-$114K
4
UBS Group
UBS Group
Switzerland
-$17.5K
5
MCC
Money Concepts Capital
Florida
-$16.3K
Name Holding Trade Value Shares
Change 		Change in
Stake
MFGM
1
Marshall Financial Group (Maryland)
Maryland
$10.1M +$2.48M +110,338 +33%
GWM
2
GDS Wealth Management
Texas
$7.84M +$7.73M +343,515 New
LPL Financial
3
LPL Financial
California
$4.18M +$2.79M +124,053 +210%
KWM
4
Kingsview Wealth Management
Oregon
$3.5M +$225K +10,005 +7%
CW
5
Connectus Wealth
Ohio
$3.18M +$3.14M +139,605 New
RJA
6
Raymond James & Associates
Florida
$2.28M -$338 -15 -0%
IRC
7
Investors Research Corp
Georgia
$1.71M – – –
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$1.55M +$1.53M +68,118 New
Osaic Holdings
9
Osaic Holdings
Arizona
$1.49M +$1.47M +65,296 +181,378%
KA
10
Kovack Advisors
Florida
$1.37M +$165K +7,311 +14%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.22M +$1.2M +53,515 New
First Trust Advisors
12
First Trust Advisors
Illinois
$1.1M +$528K +23,457 +94%
CAN
13
Cetera Advisor Networks
California
$984K +$217K +9,645 +29%
IWC
14
Integrated Wealth Concepts
Massachusetts
$659K +$651K +28,900 New
CWA
15
Clarus Wealth Advisors
Arizona
$629K +$195K +8,666 +47%
KPWS
16
Kestra Private Wealth Services
Texas
$560K +$553K +24,546 New
IWM
17
Iams Wealth Management
Nebraska
$387K +$385K +17,115 New
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$238K +$4.84K +215 +2%
KAS
19
Kestra Advisory Services
Texas
$228K -$114K -5,078 -34%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$217K +$214K +9,503 New
BCMLT
21
Beacon Capital Management LLC (Tennessee)
Tennessee
$41.1K – – –
CFGS
22
Concourse Financial Group Securities
Alabama
$28K +$27.6K +1,226 New
FGAM
23
Financial Gravity Asset Management
Texas
$13.1K +$23 +1 +5%
IA
24
IFP Advisors
Florida
$8.23K -$855 -38 -10%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$6.85K +$6.76M +300,446 New
1
2

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.