First Trust Equity Market Neutral ETF
NTRL
33 hedge funds and large institutions have $25.9M invested in First Trust Equity Market Neutral ETF in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 18 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 33 → 33 (0)
4% less capital invested
Capital invested by funds: $26.9M → $25.9M (-$1.04M)
4.87% less ownership
Funds ownership: 79.81% → 74.95% (-4.9%)
67% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$846K |
| 2 |
LPL Financial
San Diego,
California
|
+$798K |
| 3 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$303K |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$179K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
Simplicity Wealth
Summit,
New Jersey
|
-$730K |
| 2 |
AssetMark Inc
Concord,
California
|
-$597K |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$450K |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$230K |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$214K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $64.6K | -$3.2K | -155 | -5% |
|
|
PTC
27
Private Trust Company
Cleveland,
Ohio
| $41.5K | +$42.2K | +2,043 | New |
|
|
CA
28
CoreCap Advisors
Southfield,
Michigan
| $24.1K | -$5.45K | -264 | -18% |
|
29
UBS Group
Zurich,
Switzerland
| $10.6K | -$9.19K | -445 | -46% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$4.17K | +202 | New |
|
31
Morgan Stanley
New York
| $2.58K | +$2.6K | +126 | New |
|
|
FFA
32
Farther Finance Advisors
San Francisco,
California
| $1.36K | – | – | – |
|
|
SIS
33
Sound Income Strategies
Ft Lauderdale,
Florida
| $891 | – | – | – |
|
|
GM
34
GeoWealth Management
Chicago,
Illinois
| – | -$230K | -11,236 | Closed |
|
|
TA
35
TFB Advisors
Overland Park,
Kansas
| – | -$207K | -10,114 | Closed |
|
|
QWM
36
Quaker Wealth Management
Moorestown,
New Jersey
| – | -$14.6K | -713 | Closed |
|
37
Raymond James Financial
St Petersburg,
Florida
| – | -$11.1K | -544 | Closed |
|
38
Wells Fargo
San Francisco,
California
| – | -$286 | -14 | Closed |
|
|
AAS
39
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$41 | -2 | Closed |
|
NTRL Hedge Fund Activity: Q3 2025 in Review
33 of the 7,629 institutional investors tracked by Wall St. Rank reported a position in First Trust Equity Market Neutral ETF (NTRL) for Q3 2025, worth a combined $25.9M — down 3.9% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NTRL positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 18 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $846K. The largest seller was Simplicity Wealth, cutting an estimated $730K.
- 33 institutional investors held First Trust Equity Market Neutral ETF (NTRL) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $25.9M of First Trust Equity Market Neutral ETF stock for Q3 2025, down 3.9% quarter-over-quarter.
- 7 funds opened new First Trust Equity Market Neutral ETF positions in Q3 2025 and 6 closed out, a net change of +1 holder.
- The largest First Trust Equity Market Neutral ETF buyer in Q3 2025 was Citadel Advisors, an estimated $846K added.
- The largest First Trust Equity Market Neutral ETF seller in Q3 2025 was Simplicity Wealth, an estimated $730K sold.
Based on aggregated 13F filings for Q3 2025.