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First Trust Indxx NextG ETF

111 hedge funds and large institutions have $200M invested in First Trust Indxx NextG ETF in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 64 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 115111 (-4)

5.2% less ownership

Funds ownership: 49.96%44.76% (-5.2%)

8% less capital invested

Capital invested by funds: $217M → $200M (-$17M)

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

73% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 64

Holders
111
Holders Change
-4
Holders Change %
-3.48%
% of All Funds
1.77%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
17
Reduced
64
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JWCA
51
J.W. Cole Advisors
Florida
$522K +$4.64K +70 +0.9%
MC
52
Moors & Cabot
Massachusetts
$502K -$4.31K -65 -0.9%
1W
53
1776 Wealth
Georgia
$499K
IP
54
Ignite Planners
California
$477K +$66 +1 +0%
AWA
55
Arkadios Wealth Advisors
Georgia
$465K -$4.18K -63 -0.9%
Truist Financial
56
Truist Financial
North Carolina
$451K +$13.6K +205 +3%
AAS
57
Ameritas Advisory Services
Nebraska
$426K -$204K -3,073 -33%
BS
58
Banco Santander
Spain
$416K -$663 -10 -0.2%
HI
59
Harbour Investments
Wisconsin
$400K -$15.3K -231 -4%
GWP
60
Gateway Wealth Partners
Wisconsin
$381K -$54.1K -815 -13%
EH
61
Equitable Holdings
New York
$372K -$9.62K -145 -3%
ACA
62
Aptus Capital Advisors
Alabama
$348K -$51.6K -778 -13%
GWANC
63
Guardian Wealth Advisors (North Carolina)
North Carolina
$348K -$51.6K -778 -13%
PFS
64
Prospera Financial Services
Texas
$344K -$6.57K -99 -2%
SOS
65
Silver Oak Securities
Tennessee
$325K -$10.2K -154 -3%
SG
66
StoneX Group
New York
$306K +$38.9K +586 +15%
SB
67
Strategic Blueprint
Georgia
$291K -$10.7K -162 -4%
MGWM
68
Marks Group Wealth Management
Minnesota
$278K
PP
69
Prudential plc
United Kingdom
$278K +$265K +4,000 New
IWM
70
Iams Wealth Management
Nebraska
$269K +$259K +3,904 New
ICP
71
Interchange Capital Partners
Pennsylvania
$266K +$254K +3,830 New
ATPW
72
Ashton Thomas Private Wealth
Arizona
$263K -$67.8K -1,023 -21%
IGWM
73
ICA Group Wealth Management
Colorado
$260K -$9.29K -140 -4%
Citigroup
74
Citigroup
New York
$240K -$7.76K -117 -3%
KPWS
75
Kestra Private Wealth Services
Texas
$211K +$201K +3,036 New

NXTG Hedge Fund Activity: Q1 2023 in Review

111 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q1 2023, worth a combined $200M — down 7.8% from $217M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of NXTG and 11 opened new positions — a net loss of 2 holders — while 64 trimmed existing stakes and 17 added.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $2.07M. The largest seller was International Assets Investment Management, exiting entirely with an estimated $7.17M sold.

  • 111 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q1 2023, down from 115 in Q4 2022.
  • Funds reported $200M of First Trust Indxx NextG ETF stock for Q1 2023, down 7.8% quarter-over-quarter.
  • 11 funds opened new First Trust Indxx NextG ETF positions in Q1 2023 and 13 closed out, a net change of -2 holders.
  • The largest First Trust Indxx NextG ETF buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $2.07M added.
  • The largest First Trust Indxx NextG ETF seller in Q1 2023 was International Assets Investment Management, an estimated $7.17M sold.

Based on aggregated 13F filings for Q1 2023.