First Trust Equity Market Neutral ETF
NTRL
33 hedge funds and large institutions have $26.9M invested in First Trust Equity Market Neutral ETF in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more funds holding
Funds holding: 30 → 33 (+3)
1% less capital invested
Capital invested by funds: $27.2M → $26.9M (-$324K)
8.17% less ownership
Funds ownership: 87.99% → 79.81% (-8.2%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$593K |
| 2 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$483K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$387K |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$322K |
| 5 |
AssetMark Inc
Concord,
California
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$900K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$715K |
| 3 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
-$446K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$370K |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$289K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| $29.7K | +$6.66K | +331 | +30% |
|
27
UBS Group
Zurich,
Switzerland
| $19.7K | +$19.4K | +965 | New |
|
|
QWM
28
Quaker Wealth Management
Moorestown,
New Jersey
| $14.6K | +$14.3K | +713 | New |
|
29
Raymond James Financial
St Petersburg,
Florida
| $11.1K | +$10.9K | +544 | New |
|
|
FFA
30
Farther Finance Advisors
San Francisco,
California
| $1.37K | – | – | – |
|
|
SIS
31
Sound Income Strategies
Ft Lauderdale,
Florida
| $900 | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $286 | +$282 | +14 | New |
|
|
AAS
33
Ameritas Advisory Services
Lincoln,
Nebraska
| $41 | +$40 | +2 | New |
|
|
VCM
34
Virtue Capital Management
Brentwood,
Tennessee
| – | -$900K | -45,070 | Closed |
|
|
35
Wolverine Trading
Chicago,
Illinois
| – | -$715K | -36,053 | Closed |
|
|
36
Citadel Advisors
Miami,
Florida
| – | -$370K | -18,519 | Closed |
|
|
WIA
37
World Investment Advisors
Santa Barbara,
California
| – | -$272K | -13,632 | Closed |
|
|
LRWM
38
Lord & Richards Wealth Management
Highlands Ranch,
Colorado
| – | -$8.89K | -445 | Closed |
|
NTRL Hedge Fund Activity: Q2 2025 in Review
33 of the 7,603 institutional investors tracked by Wall St. Rank reported a position in First Trust Equity Market Neutral ETF (NTRL) for Q2 2025, worth a combined $26.9M — down 1.2% from $27.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NTRL positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Coppell Advisory Solutions, adding an estimated $593K. The largest seller was Virtue Capital Management, exiting entirely with an estimated $900K sold.
- 33 institutional investors held First Trust Equity Market Neutral ETF (NTRL) as of Q2 2025, up from 30 in Q1 2025.
- Funds reported $26.9M of First Trust Equity Market Neutral ETF stock for Q2 2025, down 1.2% quarter-over-quarter.
- 8 funds opened new First Trust Equity Market Neutral ETF positions in Q2 2025 and 5 closed out, a net change of +3 holders.
- The largest First Trust Equity Market Neutral ETF buyer in Q2 2025 was Coppell Advisory Solutions, an estimated $593K added.
- The largest First Trust Equity Market Neutral ETF seller in Q2 2025 was Virtue Capital Management, an estimated $900K sold.
Based on aggregated 13F filings for Q2 2025.