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First Trust Indxx NextG ETF
NXTG

68 hedge funds and large institutions have $331M invested in First Trust Indxx NextG ETF in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 6 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 6

150% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 10

81% more capital invested

Capital invested by funds: $183M → $331M (+$148M)

28% more funds holding

Funds holding: 53 → 68 (+15)

8.4% more ownership

Funds ownership: 62.27% → 70.67% (+8.4%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
68
Holders Change
+15
Holders Change %
+28.3%
% of All Funds
1.39%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
25
Increased
27
Reduced
6
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAS
Avantax Advisory Services
Texas
+$65.4M
2
UBS Group
UBS Group
Switzerland
+$15.6M
3
RJFSA
Raymond James Financial Services Advisors
Florida
+$5.12M
4
Morgan Stanley
Morgan Stanley
New York
+$4.82M
5
LPL Financial
LPL Financial
California
+$4.09M

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$6.16M
2
PP
Prudential plc
United Kingdom
-$4.25M
3
Jane Street
Jane Street
New York
-$2.38M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$346K
5
BRWM
B. Riley Wealth Management
Tennessee
-$328K
Name Holding Trade Value Shares
Change 		Change in
Stake
FHA
26
Flagship Harbor Advisors
Massachusetts
$670K +$601K +11,620 +1,687%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$634K +$106K +2,050 +21%
MIAN
28
Mariner Independent Advisor Network
Kansas
$610K +$579K +11,198 New
TC
29
TownSquare Capital
Utah
$524K +$484K +9,356 New
DADC
30
D.A. Davidson & Co
Montana
$486K +$10.3K +200 +2%
AFM
31
Andesa Financial Management
Pennsylvania
$467K +$444K +8,590 New
CWM
32
Concentrum Wealth Management
California
$379K +$360K +6,968 New
BWL
33
Bogart Wealth LLC
Virginia
$378K +$359K +6,935 New
MC
34
Moors & Cabot
Massachusetts
$350K +$25.9K +501 +8%
AWA
35
Arkadios Wealth Advisors
Georgia
$322K +$1.86K +36 +0.6%
IA
36
IFG Advisory
Georgia
$306K -$11.2K -217 -4%
SG
37
StoneX Group
New York
$306K +$290K +5,613 New
SWP
38
Stratos Wealth Partners
Ohio
$296K +$281K +5,432 New
SPIA
39
Steward Partners Investment Advisory
New York
$288K +$269K +5,202 +6,503%
BRWA
40
B. Riley Wealth Advisors
Florida
$257K +$243K +4,706 New
Cetera Investment Advisers
41
Cetera Investment Advisers
Illinois
$253K +$240K +4,641 New
EDRH
42
Edmond de Rothschild Holding
Switzerland
$245K +$67.2K +1,300 +41%
WP
43
WealthPLAN Partners
Nebraska
$244K +$212K +4,097 New
OIA
44
OneDigital Investment Advisors
Kansas
$239K +$227K +4,398 New
LFAS
45
Level Four Advisory Services
Texas
$234K +$223K +4,312 New
EH
46
Equitable Holdings
New York
$226K +$215K +4,156 New
CAN
47
Cetera Advisor Networks
California
$165K +$157K +3,032 New
CFGS
48
Concourse Financial Group Securities
Alabama
$95K -$414 -8 -0.5%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$76K +$31K +600 +75%
IA
50
IFP Advisors
Florida
$64K -$18.2K -352 -23%
1
2
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NXTG Hedge Fund Activity: Q2 2020 in Review

68 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q2 2020, worth a combined $331M — up 81% from $183M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NXTG positions and 10 closed out — a net gain of 15 holders — while 27 added to existing stakes and 6 trimmed.

The largest buyer was Avantax Advisory Services, adding an estimated $65.4M. The largest seller was Citadel Advisors, cutting an estimated $6.16M.

  • 68 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q2 2020, up from 53 in Q1 2020.
  • Funds reported $331M of First Trust Indxx NextG ETF stock for Q2 2020, up 81% quarter-over-quarter.
  • 25 funds opened new First Trust Indxx NextG ETF positions in Q2 2020 and 10 closed out, a net change of +15 holders.
  • The largest First Trust Indxx NextG ETF buyer in Q2 2020 was Avantax Advisory Services, an estimated $65.4M added.
  • The largest First Trust Indxx NextG ETF seller in Q2 2020 was Citadel Advisors, an estimated $6.16M sold.

Based on aggregated 13F filings for Q2 2020.