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NTRL

First Trust Equity Market Neutral ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 3130 (-1)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $14K

Holders
30
Holders Change
-1
Holders Change %
-3.23%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
14
Reduced
7
Closed
8
Calls
Puts
$14K
Net Calls
-$14K
Net Calls Change
-$14K
Name Holding Trade Value Shares
Change
Change in
Stake
OL
1
Owen LaRue
Kentucky
$4.77M -$138K -6,945 -3%
LPL Financial
2
LPL Financial
California
$4.48M +$4.01M +201,611 +886%
CAS
3
Coppell Advisory Solutions
Texas
$1.62M +$1.48M +74,514 +1,148%
AssetMark Inc
4
AssetMark Inc
California
$1.6M +$689K +34,618 +76%
First Trust Advisors
5
First Trust Advisors
Illinois
$1.6M +$904K +45,434 +131%
FFC
6
Frederick Financial Consultants
Maryland
$1.43M +$1.42M +71,475 New
BWM
7
BCGM Wealth Management
Indiana
$1.24M +$48.1K +2,418 +4%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$1.04M +$281K +14,130 +37%
SWA
9
Stratos Wealth Advisors
Ohio
$1.01M -$17.7K -887 -2%
FWP
10
FAS Wealth Partners
Kansas
$927K +$42K +2,111 +5%
CW
11
CreativeOne Wealth
Kansas
$906K +$199K +9,983 +28%
VCM
12
Virtue Capital Management
Tennessee
$900K +$897K +45,070 New
CHAM
13
Clear Harbor Asset Management
Connecticut
$853K +$34.4K +1,730 +4%
HFP
14
Holistic Financial Partners
Indiana
$736K -$208K -10,445 -22%
Wolverine Trading
15
Wolverine Trading
Illinois
$715K +$717K +36,053 New
SW
16
Simplicity Wealth
New Jersey
$437K +$436K +21,894 New
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$381K +$86.6K +4,350 +30%
Citadel Advisors
18
Citadel Advisors
Florida
$370K +$168K +8,425 +83%
VCM
19
Vivaldi Capital Management
Illinois
$365K -$3.34K -168 -0.9%
WS
20
Wedbush Securities
California
$345K -$10.1K -510 -3%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$335K +$333K +16,755 New
Osaic Holdings
22
Osaic Holdings
Arizona
$305K -$114K -5,750 -27%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$274K +$5.15K +259 +2%
WIA
24
World Investment Advisors
California
$272K +$271K +13,632 New
GM
25
GeoWealth Management
Illinois
$226K +$72K +3,619 +47%

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.