First Trust Equity Market Neutral ETF
NTRL
40 hedge funds and large institutions have $28M invested in First Trust Equity Market Neutral ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
21% more funds holding
Funds holding: 33 → 40 (+7)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
8% more capital invested
Capital invested by funds: $25.9M → $28M (+$2.17M)
2.71% more ownership
Funds ownership: 74.95% → 77.65% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$864K |
| 2 |
CFAM
Center For Asset Management
Palm Beach Gardens,
Florida
|
+$735K |
| 3 |
LPL Financial
San Diego,
California
|
+$702K |
| 4 |
Morgan Stanley
New York
|
+$572K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$832K |
| 2 |
OL
Owen LaRue
Elizabethtown,
Kentucky
|
-$334K |
| 3 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
-$284K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$271K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$216K |
NTRL Hedge Fund Activity: Q4 2025 in Review
40 of the 8,245 institutional investors tracked by Wall St. Rank reported a position in First Trust Equity Market Neutral ETF (NTRL) for Q4 2025, worth a combined $28M — up 8.4% from $25.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NTRL positions and 2 closed out — a net gain of 7 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $864K. The largest seller was Citadel Advisors, exiting entirely with an estimated $832K sold.
- 40 institutional investors held First Trust Equity Market Neutral ETF (NTRL) as of Q4 2025, up from 33 in Q3 2025.
- Funds reported $28M of First Trust Equity Market Neutral ETF stock for Q4 2025, up 8.4% quarter-over-quarter.
- 9 funds opened new First Trust Equity Market Neutral ETF positions in Q4 2025 and 2 closed out, a net change of +7 holders.
- The largest First Trust Equity Market Neutral ETF buyer in Q4 2025 was AssetMark Inc, an estimated $864K added.
- The largest First Trust Equity Market Neutral ETF seller in Q4 2025 was Citadel Advisors, an estimated $832K sold.
Based on aggregated 13F filings for Q4 2025.