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NTRL

First Trust Equity Market Neutral ETF

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.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

0% more funds holding

Funds holding: 3333 (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: 10 (-1)

Holders
33
Holders Change
Holders Change %
0%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
6
Reduced
18
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$5.3M +$798K +38,643 +17%
OL
2
Owen LaRue
Kentucky
$4.55M -$173K -8,389 -4%
CAS
3
Coppell Advisory Solutions
Texas
$1.8M -$450K -21,818 -20%
BWM
4
BCGM Wealth Management
Indiana
$1.37M +$86.5K +4,192 +7%
FFC
5
Frederick Financial Consultants
Maryland
$1.35M -$33.7K -1,632 -2%
First Trust Advisors
6
First Trust Advisors
Illinois
$1.3M -$206K -9,984 -13%
AssetMark Inc
7
AssetMark Inc
California
$1.3M -$597K -28,906 -31%
SWA
8
Stratos Wealth Advisors
Ohio
$945K -$63.7K -3,084 -6%
CHAM
9
Clear Harbor Asset Management
Connecticut
$934K +$66.3K +3,210 +7%
FWP
10
FAS Wealth Partners
Kansas
$879K -$70.2K -3,399 -7%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$856K -$99.4K -4,814 -10%
Citadel Advisors
12
Citadel Advisors
Florida
$832K +$846K +40,999 New
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$745K +$14.7K +710 +2%
RA
14
RFG Advisory
Alabama
$501K +$179K +8,654 +54%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$429K +$43.9K +2,125 +11%
CW
16
CreativeOne Wealth
Kansas
$419K -$214K -10,357 -33%
Osaic Holdings
17
Osaic Holdings
Arizona
$352K -$23.2K -1,123 -6%
VCM
18
Vivaldi Capital Management
Illinois
$315K -$31.3K -1,517 -9%
WS
19
Wedbush Securities
California
$315K -$36.5K -1,770 -10%
WEG
20
World Equity Group
Illinois
$298K +$303K +14,677 New
HFP
21
Holistic Financial Partners
Indiana
$284K -$14.7K -711 -5%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$233K -$33K -1,600 -12%
SW
23
Simplicity Wealth
New Jersey
$215K -$730K -35,342 -77%
AWM
24
AE Wealth Management
Kansas
$107K +$109K +5,292 New
CIBC Private Wealth Group
25
CIBC Private Wealth Group
Georgia
$85K +$86.4K +4,185 New

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.