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First Trust Indxx NextG ETF

114 hedge funds and large institutions have $184M invested in First Trust Indxx NextG ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 45 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 116114 (-2)

3.03% less ownership

Funds ownership: 50.04%47.01% (-3%)

9% less capital invested

Capital invested by funds: $202M → $184M (-$17.3M)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

29% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 45

Holders
114
Holders Change
-2
Holders Change %
-1.72%
% of All Funds
1.64%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
32
Reduced
45
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$1.51M +$72.7K +942 +5%
PSF
27
Pacific Sun Financial
California
$1.47M -$3.86K -50 -0.3%
IFG
28
Independent Financial Group
California
$1.44M -$24.2K -314 -2%
AI
29
Atria Investments
North Carolina
$1.26M +$231 +3 +0%
MIFH
30
Migdal Insurance & Financial Holdings
Israel
$1.25M -$44.9K -582 -4%
SPC
31
Sigma Planning Corp
Michigan
$1.17M +$354K +4,584 +45%
WIP
32
WealthCare Investment Partners
Rhode Island
$1.17M -$9.03K -117 -0.8%
FAM
33
Flaharty Asset Management
Florida
$1.16M +$163K +2,110 +17%
NW
34
NewEdge Wealth
Pennsylvania
$1.1M -$4.94K -64 -0.4%
First Trust Advisors
35
First Trust Advisors
Illinois
$1.07M +$7.33K +95 +0.7%
DADC
36
D.A. Davidson & Co
Montana
$1.04M -$23.1K -300 -2%
CAN
37
Cetera Advisor Networks
California
$937K +$20.9K +271 +2%
AWM
38
AE Wealth Management
Kansas
$924K -$349K -4,518 -28%
Carson Wealth (CWM LLC)
39
Carson Wealth (CWM LLC)
Nebraska
$829K +$3.09K +40 +0.4%
HI
40
Harbour Investments
Wisconsin
$786K +$396K +5,135 +107%
IAIM
41
International Assets Investment Management
Florida
$752K +$1.31K +17 +0.2%
SI
42
Stephens Inc
Arkansas
$743K
Baird Financial Group
43
Baird Financial Group
Wisconsin
$688K +$11K +142 +2%
SFPG
44
Stonebridge Financial Planning Group
Florida
$663K -$14.6K -189 -2%
JWCA
45
J.W. Cole Advisors
Florida
$646K +$1.85K +24 +0.3%
BAM
46
Belpointe Asset Management
Nevada
$645K +$237K +3,078 +61%
Bank of Nova Scotia
47
Bank of Nova Scotia
Ontario, Canada
$632K +$617K +8,000 New
1W
48
1776 Wealth
Georgia
$631K
CFD
49
Creative Financial Designs
Indiana
$619K -$10.4K -135 -2%
SPIA
50
Steward Partners Investment Advisory
New York
$611K -$21.4K -278 -3%

NXTG Hedge Fund Activity: Q1 2024 in Review

114 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q1 2024, worth a combined $184M — down 8.6% from $202M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NXTG and 6 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 32 added.

The largest buyer was Benjamin F. Edwards & Company, adding an estimated $1.16M. The largest seller was Morgan Stanley, cutting an estimated $21.1M.

  • 114 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q1 2024, down from 116 in Q4 2023.
  • Funds reported $184M of First Trust Indxx NextG ETF stock for Q1 2024, down 8.6% quarter-over-quarter.
  • 6 funds opened new First Trust Indxx NextG ETF positions in Q1 2024 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Indxx NextG ETF buyer in Q1 2024 was Benjamin F. Edwards & Company, an estimated $1.16M added.
  • The largest First Trust Indxx NextG ETF seller in Q1 2024 was Morgan Stanley, an estimated $21.1M sold.

Based on aggregated 13F filings for Q1 2024.