First Trust Equity Market Neutral ETF
NTRL
30 hedge funds and large institutions have $27.2M invested in First Trust Equity Market Neutral ETF in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
49% more capital invested
Capital invested by funds: $18.2M → $27.2M (+$8.99M)
22.42% more ownership
Funds ownership: 65.57% → 87.99% (+22%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
3% less funds holding
Funds holding: 31 → 30 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $14K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.01M |
| 2 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.48M |
| 3 |
FFC
Frederick Financial Consultants
Frederick,
Maryland
|
+$1.42M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$904K |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$897K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Midwest Financial Group
Overland Park,
Kansas
|
-$1.32M |
| 2 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
-$590K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$314K |
| 4 |
CWA
Clarus Wealth Advisors
Peoria,
Arizona
|
-$233K |
| 5 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $63.8K | -$128K | -6,436 | -67% |
|
|
CA
27
CoreCap Advisors
Southfield,
Michigan
| $22.4K | +$11.3K | +568 | +103% |
|
|
LRWM
28
Lord & Richards Wealth Management
Highlands Ranch,
Colorado
| $8.89K | +$8.86K | +445 | New |
|
|
FFA
29
Farther Finance Advisors
San Francisco,
California
| $1.34K | +$1.33K | +67 | New |
|
|
SIS
30
Sound Income Strategies
Ft Lauderdale,
Florida
| $879 | – | – | – |
|
|
MFG
31
Midwest Financial Group
Overland Park,
Kansas
| – | -$1.32M | -66,606 | Closed |
|
|
AWA
32
Authentikos Wealth Advisory
Morgan Hill,
California
| – | -$590K | -29,681 | Closed |
|
|
AWM
33
AE Wealth Management
Topeka,
Kansas
| – | -$314K | -15,787 | Closed |
|
|
CWA
34
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$233K | -11,703 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$93.4K | -4,698 | Closed |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| – | -$54.2K | -2,727 | Closed |
|
|
TAM
37
Tucker Asset Management
Littleton,
Colorado
| – | -$3.08K | -155 | Closed |
|
38
Morgan Stanley
New York
| – | -$59 | -2 | Closed |
|
NTRL Hedge Fund Activity: Q1 2025 in Review
30 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in First Trust Equity Market Neutral ETF (NTRL) for Q1 2025, worth a combined $27.2M — up 49% from $18.2M a quarter earlier.
Fund positioning in NTRL was balanced in Q1 2025: 8 funds opened new positions, 8 closed out, 14 added to existing stakes and 7 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.01M. The largest seller was Midwest Financial Group, exiting entirely with an estimated $1.32M sold.
- 30 institutional investors held First Trust Equity Market Neutral ETF (NTRL) as of Q1 2025, down from 31 in Q4 2024.
- Funds reported $27.2M of First Trust Equity Market Neutral ETF stock for Q1 2025, up 49% quarter-over-quarter.
- 8 funds opened new First Trust Equity Market Neutral ETF positions in Q1 2025 and 8 closed out, a net change of 0 holders.
- The largest First Trust Equity Market Neutral ETF buyer in Q1 2025 was LPL Financial, an estimated $4.01M added.
- The largest First Trust Equity Market Neutral ETF seller in Q1 2025 was Midwest Financial Group, an estimated $1.32M sold.
Based on aggregated 13F filings for Q1 2025.