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First Trust Indxx NextG ETF
NXTG

77 hedge funds and large institutions have $426M invested in First Trust Indxx NextG ETF in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 7 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

486% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 7

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

29% more capital invested

Capital invested by funds: $331M → $426M (+$94.7M)

13% more funds holding

Funds holding: 68 → 77 (+9)

1.29% more ownership

Funds ownership: 70.67% → 71.96% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
77
Holders Change
+9
Holders Change %
+13.24%
% of All Funds
1.55%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
15
Increased
41
Reduced
7
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAS
Avantax Advisory Services
Texas
+$15.2M
2
UBS Group
UBS Group
Switzerland
+$12.7M
3
Bank of America
Bank of America
North Carolina
+$9.23M
4
Morgan Stanley
Morgan Stanley
New York
+$5.12M
5
Jane Street
Jane Street
New York
+$4.12M

Top Sellers

Rank Fund Capital Flow
1
PFS
Prospera Financial Services
Texas
-$3.93M
2
RJFSA
Raymond James Financial Services Advisors
Florida
-$1.61M
3
Citadel Advisors
Citadel Advisors
Florida
-$1.44M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$439K
5
WA
Wealth Advisors
California
-$172K
Name Holding Trade Value Shares
Change 		Change in
Stake
WA
26
Wealth Advisors
California
$1.22M -$172K -2,930 -13%
AFM
27
Andesa Financial Management
Pennsylvania
$1.12M +$605K +10,328 +120%
FHA
28
Flagship Harbor Advisors
Massachusetts
$1.01M +$281K +4,797 +39%
MIAN
29
Mariner Independent Advisor Network
Kansas
$1.01M +$342K +5,831 +52%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$887K +$196K +3,343 +29%
Carson Wealth (CWM LLC)
31
Carson Wealth (CWM LLC)
Nebraska
$821K – – –
CFD
32
Creative Financial Designs
Indiana
$764K +$756K +12,903 New
SFPG
33
Stonebridge Financial Planning Group
Florida
$756K +$658K +11,241 +1,081%
CWM
34
Concentrum Wealth Management
California
$681K +$266K +4,542 +65%
OIA
35
OneDigital Investment Advisors
Kansas
$631K +$367K +6,267 +142%
DADC
36
D.A. Davidson & Co
Montana
$617K +$87.9K +1,500 +17%
BWL
37
Bogart Wealth LLC
Virginia
$599K +$187K +3,193 +46%
LFAS
38
Level Four Advisory Services
Texas
$555K +$297K +5,064 +117%
KPWS
39
Kestra Private Wealth Services
Texas
$551K +$545K +9,300 New
PP
40
Prudential plc
United Kingdom
$473K +$469K +8,000 New
SPIA
41
Steward Partners Investment Advisory
New York
$464K +$149K +2,549 +48%
SWP
42
Stratos Wealth Partners
Ohio
$449K +$126K +2,156 +40%
WWM
43
Western Wealth Management
Colorado
$433K +$428K +7,305 New
Cetera Investment Advisers
44
Cetera Investment Advisers
Illinois
$424K +$148K +2,518 +54%
SG
45
StoneX Group
New York
$416K +$82.9K +1,415 +25%
EH
46
Equitable Holdings
New York
$360K +$113K +1,924 +46%
MC
47
Moors & Cabot
Massachusetts
$359K -$20.5K -350 -5%
AWA
48
Arkadios Wealth Advisors
Georgia
$351K +$820 +14 +0.2%
EDRH
49
Edmond de Rothschild Holding
Switzerland
$346K +$79.1K +1,350 +30%
BRWA
50
B. Riley Wealth Advisors
Florida
$339K +$60.2K +1,027 +22%
1
2
3 4

NXTG Hedge Fund Activity: Q3 2020 in Review

77 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q3 2020, worth a combined $426M — up 29% from $331M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NXTG positions and 6 closed out — a net gain of 9 holders — while 41 added to existing stakes and 7 trimmed.

The largest buyer was Avantax Advisory Services, adding an estimated $15.2M. The largest seller was Prospera Financial Services, cutting an estimated $3.93M.

  • 77 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q3 2020, up from 68 in Q2 2020.
  • Funds reported $426M of First Trust Indxx NextG ETF stock for Q3 2020, up 29% quarter-over-quarter.
  • 15 funds opened new First Trust Indxx NextG ETF positions in Q3 2020 and 6 closed out, a net change of +9 holders.
  • The largest First Trust Indxx NextG ETF buyer in Q3 2020 was Avantax Advisory Services, an estimated $15.2M added.
  • The largest First Trust Indxx NextG ETF seller in Q3 2020 was Prospera Financial Services, an estimated $3.93M sold.

Based on aggregated 13F filings for Q3 2020.