First Trust Indxx NextG ETF
NXTG
77 hedge funds and large institutions have $426M invested in First Trust Indxx NextG ETF in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 7 reducing their positions, and 6 closing their positions.
486% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 7
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
29% more capital invested
Capital invested by funds: $331M → $426M (+$94.7M)
13% more funds holding
Funds holding: 68 → 77 (+9)
1.29% more ownership
Funds ownership: 70.67% → 71.96% (+1.3%)
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
|
+$15.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$12.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$9.23M |
| 4 |
Morgan Stanley
New York
|
+$5.12M |
| 5 |
Jane Street
New York
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$3.93M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.61M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.44M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$439K |
| 5 |
WA
Wealth Advisors
Rancho Santa Fe,
California
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| $3K | +$2.93K | +50 | New |
|
|
WT
77
Whittier Trust
South Pasadena,
California
| $2K | – | – | – |
|
|
78
Citadel Advisors
Miami,
Florida
| – | -$1.44M | -26,404 | Closed |
|
|
CAN
79
Cetera Advisor Networks
El Segundo,
California
| – | -$165K | -3,032 | Closed |
|
|
PIMG
80
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$38.1K | -700 | Closed |
|
|
LWA
81
Lowe Wealth Advisors
Columbia,
Maryland
| – | -$33K | -600 | Closed |
|
|
S
82
SignatureFD
Atlanta,
Georgia
| – | -$13K | -239 | Closed |
|
NXTG Hedge Fund Activity: Q3 2020 in Review
77 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q3 2020, worth a combined $426M — up 29% from $331M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NXTG positions and 6 closed out — a net gain of 9 holders — while 41 added to existing stakes and 7 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $15.2M. The largest seller was Prospera Financial Services, cutting an estimated $3.93M.
- 77 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q3 2020, up from 68 in Q2 2020.
- Funds reported $426M of First Trust Indxx NextG ETF stock for Q3 2020, up 29% quarter-over-quarter.
- 15 funds opened new First Trust Indxx NextG ETF positions in Q3 2020 and 6 closed out, a net change of +9 holders.
- The largest First Trust Indxx NextG ETF buyer in Q3 2020 was Avantax Advisory Services, an estimated $15.2M added.
- The largest First Trust Indxx NextG ETF seller in Q3 2020 was Prospera Financial Services, an estimated $3.93M sold.
Based on aggregated 13F filings for Q3 2020.