First Trust Indxx NextG ETF
NXTG
68 hedge funds and large institutions have $331M invested in First Trust Indxx NextG ETF in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 6 reducing their positions, and 10 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 6
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
81% more capital invested
Capital invested by funds: $183M → $331M (+$148M)
28% more funds holding
Funds holding: 53 → 68 (+15)
8.4% more ownership
Funds ownership: 62.27% → 70.67% (+8.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$65.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$15.6M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.12M |
| 4 |
Morgan Stanley
New York
|
+$4.82M |
| 5 |
LPL Financial
San Diego,
California
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.16M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$4.25M |
| 3 |
Jane Street
New York
|
-$2.38M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$346K |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$328K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
76
Valeo Financial Advisors
Carmel,
Indiana
| – | -$4K | -78 | Closed |
|
|
DWM
77
Darwin Wealth Management
Tampa,
Florida
| – | -$1K | -40 | Closed |
|
78
Fidelity Investments
Boston,
Massachusetts
| – | +$103 | +2 | New |
|
NXTG Hedge Fund Activity: Q2 2020 in Review
68 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q2 2020, worth a combined $331M — up 81% from $183M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NXTG positions and 10 closed out — a net gain of 15 holders — while 27 added to existing stakes and 6 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $65.4M. The largest seller was Citadel Advisors, cutting an estimated $6.16M.
- 68 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q2 2020, up from 53 in Q1 2020.
- Funds reported $331M of First Trust Indxx NextG ETF stock for Q2 2020, up 81% quarter-over-quarter.
- 25 funds opened new First Trust Indxx NextG ETF positions in Q2 2020 and 10 closed out, a net change of +15 holders.
- The largest First Trust Indxx NextG ETF buyer in Q2 2020 was Avantax Advisory Services, an estimated $65.4M added.
- The largest First Trust Indxx NextG ETF seller in Q2 2020 was Citadel Advisors, an estimated $6.16M sold.
Based on aggregated 13F filings for Q2 2020.