First Trust Equity Market Neutral ETF
NTRL
58 hedge funds and large institutions have $62.1M invested in First Trust Equity Market Neutral ETF in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
29% more funds holding
Funds holding: 45 → 58 (+13)
0.64% less ownership
Funds ownership: 76.09% → 75.45% (-0.64%)
14% less capital invested
Capital invested by funds: $72.1M → $62.1M (-$10.1M)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$2.59M |
| 2 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
+$1.35M |
| 3 |
OWM
OneAscent Wealth Management
Birmingham,
Alabama
|
+$1.19M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$1.07M |
| 5 |
FWP
FAS Wealth Partners
Leawood,
Kansas
|
+$980K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$14M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.02M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$2.01M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$1.62M |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$1.51M |
NTRL Hedge Fund Activity: Q1 2023 in Review
58 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in First Trust Equity Market Neutral ETF (NTRL) for Q1 2023, worth a combined $62.1M — down 14% from $72.1M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NTRL positions and 8 closed out — a net gain of 14 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was Atria Investments, opening a new position worth an estimated $2.59M. The largest seller was Mainstay Capital Management, cutting an estimated $14M.
- 58 institutional investors held First Trust Equity Market Neutral ETF (NTRL) as of Q1 2023, up from 45 in Q4 2022.
- Funds reported $62.1M of First Trust Equity Market Neutral ETF stock for Q1 2023, down 14% quarter-over-quarter.
- 22 funds opened new First Trust Equity Market Neutral ETF positions in Q1 2023 and 8 closed out, a net change of +14 holders.
- The largest First Trust Equity Market Neutral ETF buyer in Q1 2023 was Atria Investments, an estimated $2.59M added.
- The largest First Trust Equity Market Neutral ETF seller in Q1 2023 was Mainstay Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2023.