First Trust Long Duration Opportunities ETF
LGOV
81 hedge funds and large institutions have $227M invested in First Trust Long Duration Opportunities ETF in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more capital invested
Capital invested by funds: $152M → $227M (+$75.3M)
25% more funds holding
Funds holding: 65 → 81 (+16)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
0.91% less ownership
Funds ownership: 81.74% → 80.84% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
+$8.37M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.98M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$6.96M |
| 4 |
FS
Ferguson Shapiro
Decatur,
Georgia
|
+$6.76M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.8M |
| 2 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
-$2.92M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.78M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.34M |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$1.02M |
LGOV Hedge Fund Activity: Q4 2023 in Review
81 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in First Trust Long Duration Opportunities ETF (LGOV) for Q4 2023, worth a combined $227M — up 50% from $152M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new LGOV positions and 10 closed out — a net gain of 16 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Walkner Condon Financial Advisors, adding an estimated $8.37M. The largest seller was Jane Street, exiting entirely with an estimated $3.8M sold.
- 81 institutional investors held First Trust Long Duration Opportunities ETF (LGOV) as of Q4 2023, up from 65 in Q3 2023.
- Funds reported $227M of First Trust Long Duration Opportunities ETF stock for Q4 2023, up 50% quarter-over-quarter.
- 26 funds opened new First Trust Long Duration Opportunities ETF positions in Q4 2023 and 10 closed out, a net change of +16 holders.
- The largest First Trust Long Duration Opportunities ETF buyer in Q4 2023 was Walkner Condon Financial Advisors, an estimated $8.37M added.
- The largest First Trust Long Duration Opportunities ETF seller in Q4 2023 was Jane Street, an estimated $3.8M sold.
Based on aggregated 13F filings for Q4 2023.