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First Trust Indxx NextG ETF

109 hedge funds and large institutions have $168M invested in First Trust Indxx NextG ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 54 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 111109 (-2)

1.86% less ownership

Funds ownership: 46.21%44.35% (-1.9%)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

17% less capital invested

Capital invested by funds: $202M → $168M (-$33.7M)

59% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 54

Holders
109
Holders Change
-2
Holders Change %
-1.8%
% of All Funds
1.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
22
Reduced
54
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$1.37M -$15.7K -223 -1%
WA
27
Wealth Advisors
California
$1.32M
IFG
28
Independent Financial Group
California
$1.27M +$66.5K +945 +5%
PSF
29
Pacific Sun Financial
California
$1.27M -$59.9K -850 -4%
MIFH
30
Migdal Insurance & Financial Holdings
Israel
$1.24M -$150K -2,135 -10%
SPC
31
Sigma Planning Corp
Michigan
$1.13M -$79.2K -1,125 -6%
AI
32
Atria Investments
North Carolina
$1.06M -$161K -2,285 -13%
NW
33
NewEdge Wealth
Pennsylvania
$1.03M +$431K +6,116 +68%
WIP
34
WealthCare Investment Partners
Rhode Island
$1.02M +$24.2K +344 +2%
DADC
35
D.A. Davidson & Co
Montana
$939K +$7.04K +100 +0.7%
First Trust Advisors
36
First Trust Advisors
Illinois
$911K -$61.8K -878 -6%
FAM
37
Flaharty Asset Management
Florida
$870K -$23.2K -330 -3%
Carson Wealth (CWM LLC)
38
Carson Wealth (CWM LLC)
Nebraska
$707K
AWM
39
AE Wealth Management
Kansas
$687K -$186K -2,642 -21%
SI
40
Stephens Inc
Arkansas
$646K +$775 +11 +0.1%
Baird Financial Group
41
Baird Financial Group
Wisconsin
$611K -$197K -2,792 -24%
SFPG
42
Stonebridge Financial Planning Group
Florida
$586K +$141 +2 +0%
NS
43
NBC Securities
Alabama
$582K +$604K +8,580 New
SCA
44
Snowden Capital Advisors
New York
$575K -$138K -1,956 -19%
SPIA
45
Steward Partners Investment Advisory
New York
$564K -$68.4K -971 -10%
CFD
46
Creative Financial Designs
Indiana
$551K -$25.9K -368 -4%
BRWA
47
B. Riley Wealth Advisors
Florida
$549K +$36.5K +519 +7%
SWP
48
Stratos Wealth Partners
Ohio
$542K -$2.68K -38 -0.5%
1W
49
1776 Wealth
Georgia
$540K
CWM
50
Cornerstone Wealth Management
Missouri
$533K -$27.7K -394 -5%

NXTG Hedge Fund Activity: Q3 2023 in Review

109 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q3 2023, worth a combined $168M — down 17% from $202M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NXTG and 8 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 22 added.

The largest buyer was Susquehanna International Group, adding an estimated $2.18M. The largest seller was Jane Street, cutting an estimated $6.95M.

  • 109 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q3 2023, down from 111 in Q2 2023.
  • Funds reported $168M of First Trust Indxx NextG ETF stock for Q3 2023, down 17% quarter-over-quarter.
  • 8 funds opened new First Trust Indxx NextG ETF positions in Q3 2023 and 9 closed out, a net change of -1 holder.
  • The largest First Trust Indxx NextG ETF buyer in Q3 2023 was Susquehanna International Group, an estimated $2.18M added.
  • The largest First Trust Indxx NextG ETF seller in Q3 2023 was Jane Street, an estimated $6.95M sold.

Based on aggregated 13F filings for Q3 2023.