First Trust Indxx NextG ETF
NXTG
40 hedge funds and large institutions have $187M invested in First Trust Indxx NextG ETF in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 3 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
500% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 3
43% more funds holding
Funds holding: 28 → 40 (+12)
21% more capital invested
Capital invested by funds: $155M → $187M (+$32.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.77% less ownership
Funds ownership: 78.72% → 70.95% (-7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$5.32M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.98M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.51M |
| 4 |
UR
USCA RIA
Houston,
Texas
|
+$1.47M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.41M |
| 2 |
Jane Street
New York
|
-$574K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$273K |
| 4 |
PSF
Pacific Sun Financial
Los Angeles,
California
|
-$30K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$263 |
NXTG Hedge Fund Activity: Q4 2019 in Review
40 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q4 2019, worth a combined $187M — up 21% from $155M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NXTG positions and 2 closed out — a net gain of 12 holders — while 18 added to existing stakes and 3 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $5.32M. The largest seller was Citadel Advisors, cutting an estimated $1.41M.
- 40 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q4 2019, up from 28 in Q3 2019.
- Funds reported $187M of First Trust Indxx NextG ETF stock for Q4 2019, up 21% quarter-over-quarter.
- 14 funds opened new First Trust Indxx NextG ETF positions in Q4 2019 and 2 closed out, a net change of +12 holders.
- The largest First Trust Indxx NextG ETF buyer in Q4 2019 was Avantax Advisory Services, an estimated $5.32M added.
- The largest First Trust Indxx NextG ETF seller in Q4 2019 was Citadel Advisors, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2019.