First Trust Indxx NextG ETF
NXTG
28 hedge funds and large institutions have $155M invested in First Trust Indxx NextG ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
22% more funds holding
Funds holding: 23 → 28 (+5)
18% more capital invested
Capital invested by funds: $131M → $155M (+$23.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18.01% less ownership
Funds ownership: 96.73% → 78.72% (-18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.98M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.57M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.88M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.47M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$305K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$48K |
| 5 |
PSF
Pacific Sun Financial
Los Angeles,
California
|
-$31.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $5.03K | – | – | – |
|
|
WT
27
Whittier Trust
South Pasadena,
California
| $2K | – | – | – |
|
28
Fidelity Investments
Boston,
Massachusetts
| $1K | +$897 | +18 | New |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.89M | -38,393 | Closed |
|
|
30
Bank of America
Charlotte,
North Carolina
| – | -$48K | -977 | Closed |
|
NXTG Hedge Fund Activity: Q3 2019 in Review
28 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q3 2019, worth a combined $155M — up 18% from $131M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NXTG positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $13M. The largest seller was Jane Street, cutting an estimated $3.47M.
- 28 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q3 2019, up from 23 in Q2 2019.
- Funds reported $155M of First Trust Indxx NextG ETF stock for Q3 2019, up 18% quarter-over-quarter.
- 8 funds opened new First Trust Indxx NextG ETF positions in Q3 2019 and 3 closed out, a net change of +5 holders.
- The largest First Trust Indxx NextG ETF buyer in Q3 2019 was Avantax Advisory Services, an estimated $13M added.
- The largest First Trust Indxx NextG ETF seller in Q3 2019 was Jane Street, an estimated $3.47M sold.
Based on aggregated 13F filings for Q3 2019.