First Trust Intermediate Government Opportunities ETF
MGOV
29 hedge funds and large institutions have $79.2M invested in First Trust Intermediate Government Opportunities ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 7 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
3% more capital invested
Capital invested by funds: $76.7M → $79.2M (+$2.49M)
1.76% less ownership
Funds ownership: 97.26% → 95.5% (-1.8%)
9% less funds holding
Funds holding: 32 → 29 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.7M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$10.5M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.2M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$2.66M |
| 5 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFS
Commonwealth Financial Services
Vienna,
West Virginia
|
-$21.1M |
| 2 |
IWA
Inspirion Wealth Advisors
Libertyville,
Illinois
|
-$1.23M |
| 3 |
Jane Street
New York
|
-$810K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$544K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$333K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WWA
26
Wealth Watch Advisors
Englewood,
Colorado
| $19.7K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $2.76K | – | – | – |
|
|
IAIM
28
International Assets Investment Management
Orlando,
Florida
| $2.09K | +$2.1K | +102 | New |
|
|
AF
29
Advisornet Financial
Minnetonka,
Minnesota
| $287 | – | – | – |
|
|
CFS
30
Commonwealth Financial Services
Vienna,
West Virginia
| – | -$21.1M | -1,032,853 | Closed |
|
|
31
Jane Street
New York
| – | -$810K | -39,592 | Closed |
|
|
32
Citadel Advisors
Miami,
Florida
| – | -$544K | -26,581 | Closed |
|
|
AAS
33
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$76.3K | -3,726 | Closed |
|
|
FFA
34
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$14.1K | -687 | Closed |
|
|
PS
35
Principal Securities
Des Moines,
Iowa
| – | -$12K | -587 | Closed |
|
36
UBS Group
Zurich,
Switzerland
| – | -$2.03K | -99 | Closed |
|
MGOV Hedge Fund Activity: Q4 2025 in Review
29 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in First Trust Intermediate Government Opportunities ETF (MGOV) for Q4 2025, worth a combined $79.2M — up 3.2% from $76.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MGOV and 5 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 16 added.
The largest buyer was Envestnet Asset Management, adding an estimated $10.7M. The largest seller was Commonwealth Financial Services, exiting entirely with an estimated $21.1M sold.
- 29 institutional investors held First Trust Intermediate Government Opportunities ETF (MGOV) as of Q4 2025, down from 32 in Q3 2025.
- Funds reported $79.2M of First Trust Intermediate Government Opportunities ETF stock for Q4 2025, up 3.2% quarter-over-quarter.
- 5 funds opened new First Trust Intermediate Government Opportunities ETF positions in Q4 2025 and 7 closed out, a net change of -2 holders.
- The largest First Trust Intermediate Government Opportunities ETF buyer in Q4 2025 was Envestnet Asset Management, an estimated $10.7M added.
- The largest First Trust Intermediate Government Opportunities ETF seller in Q4 2025 was Commonwealth Financial Services, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2025.