First Trust Indxx NextG ETF
NXTG
53 hedge funds and large institutions have $183M invested in First Trust Indxx NextG ETF in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 3 closing their positions.
500% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 3
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
33% more funds holding
Funds holding: 40 → 53 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $187M → $183M (-$4.34M)
8.68% less ownership
Funds ownership: 70.95% → 62.27% (-8.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.85M |
| 4 |
Jane Street
New York
|
+$2.68M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.42M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.29M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.53M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$603K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$99.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Whittier Trust
South Pasadena,
California
| $1K | – | – | – |
|
|
DWM
52
Darwin Wealth Management
Tampa,
Florida
| $1K | +$2.1K | +40 | New |
|
|
TI
53
tru Independence
Portland,
Oregon
| $413 | +$565K | +10,747 | +767% |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$3.42M | -62,323 | Closed |
|
|
ASN
55
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -134 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -13 | Closed |
|
NXTG Hedge Fund Activity: Q1 2020 in Review
53 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q1 2020, worth a combined $183M — down 2.3% from $187M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NXTG positions and 3 closed out — a net gain of 15 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $3.42M sold.
- 53 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q1 2020, up from 40 in Q4 2019.
- Funds reported $183M of First Trust Indxx NextG ETF stock for Q1 2020, down 2.3% quarter-over-quarter.
- 18 funds opened new First Trust Indxx NextG ETF positions in Q1 2020 and 3 closed out, a net change of +15 holders.
- The largest First Trust Indxx NextG ETF buyer in Q1 2020 was Morgan Stanley, an estimated $10.1M added.
- The largest First Trust Indxx NextG ETF seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2020.