First Trust India Nifty 50 Equal Weight ETF
NFTY
35 hedge funds and large institutions have $85.6M invested in First Trust India Nifty 50 Equal Weight ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
25% more funds holding
Funds holding: 28 → 35 (+7)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.99% less ownership
Funds ownership: 84.77% → 83.78% (-0.99%)
12% less capital invested
Capital invested by funds: $97.3M → $85.6M (-$11.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$6.75M |
| 2 |
AIC
Archer Investment Corporation
Carmel,
Indiana
|
+$1.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$977K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$935K |
| 5 |
LPL Financial
San Diego,
California
|
+$928K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$24.7M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$678K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$392K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$240K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Prudential Financial
Newark,
New Jersey
| $243K | -$240K | -5,000 | -50% |
|
|
SF
27
Synovus Financial
Columbus,
Georgia
| $223K | +$220K | +4,587 | New |
|
|
SG
28
StoneX Group
New York
| $216K | -$10.4K | -216 | -5% |
|
|
NS
29
NBC Securities
Birmingham,
Alabama
| $95K | +$94.7K | +1,972 | New |
|
30
Morgan Stanley
New York
| $20.9K | – | – | – |
|
|
SC
31
Sawyer & Company
Boston,
Massachusetts
| $11K | – | – | – |
|
|
CAS
32
Coppell Advisory Solutions
Coppell,
Texas
| $9.7K | +$2.5K | +52 | +31% |
|
|
GWM
33
Geneos Wealth Management
Englewood,
Colorado
| $4.86K | +$4.8K | +100 | New |
|
|
AWM
34
Avior Wealth Management
Omaha,
Nebraska
| $2.43K | +$2.4K | +50 | New |
|
|
HI
35
Harbour Investments
Madison,
Wisconsin
| $1.46K | – | – | – |
|
36
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$66.8K | -1,395 | Closed |
|
37
UBS Group
Zurich,
Switzerland
| – | -$4.16K | -87 | Closed |
|
NFTY Hedge Fund Activity: Q3 2023 in Review
35 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust India Nifty 50 Equal Weight ETF (NFTY) for Q3 2023, worth a combined $85.6M — down 12% from $97.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NFTY positions and 2 closed out — a net gain of 8 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $6.75M. The largest seller was First Trust Advisors, cutting an estimated $24.7M.
- 35 institutional investors held First Trust India Nifty 50 Equal Weight ETF (NFTY) as of Q3 2023, up from 28 in Q2 2023.
- Funds reported $85.6M of First Trust India Nifty 50 Equal Weight ETF stock for Q3 2023, down 12% quarter-over-quarter.
- 10 funds opened new First Trust India Nifty 50 Equal Weight ETF positions in Q3 2023 and 2 closed out, a net change of +8 holders.
- The largest First Trust India Nifty 50 Equal Weight ETF buyer in Q3 2023 was Kestra Advisory Services, an estimated $6.75M added.
- The largest First Trust India Nifty 50 Equal Weight ETF seller in Q3 2023 was First Trust Advisors, an estimated $24.7M sold.
Based on aggregated 13F filings for Q3 2023.