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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
SAS
76
Stelac Advisory Services
New York
$177K
PNC Financial Services Group
77
PNC Financial Services Group
Pennsylvania
$173K
Northwestern Mutual Wealth Management
78
Northwestern Mutual Wealth Management
Wisconsin
$163K +$66 +1 +0%
HGERS
79
Householder Group Estate & Retirement Specialist
Arizona
$128K +$122K +1,843 New
EDRH
80
Edmond de Rothschild Holding
Switzerland
$93.8K
S
81
SignatureFD
Georgia
$86.2K
IA
82
IFP Advisors
Florida
$76.8K -$134K -2,014 -55%
GRP
83
Global Retirement Partners
California
$71.6K -$133 -2 -0.2%
JP Morgan Chase
84
JP Morgan Chase
New York
$68.3K -$65.1K -981 -50%
Fidelity Investments
85
Fidelity Investments
Massachusetts
$60.1K +$3.58K +54 +7%
PTC
86
Private Trust Company
Ohio
$59.1K
AWM
87
Avior Wealth Management
Nebraska
$37.6K +$531 +8 +2%
LFG
88
Larson Financial Group
Missouri
$35.2K
CTC
89
Central Trust Company
Missouri
$28.5K
RWPA
90
Richard W. Paul & Associates
Michigan
$26.1K -$199 -3 -0.8%
CWAF
91
Core Wealth Advisors (Florida)
Florida
$25.6K
AF
92
Allworth Financial
California
$24.8K
SS
93
Sunbelt Securities
Texas
$24.6K +$23.7K +357 New
National Bank of Canada
94
National Bank of Canada
Quebec, Canada
$17.4K
NECFA
95
New England Capital Financial Advisors
Connecticut
$17.3K +$66 +1 +0.4%
CAL
96
Capital Analysts LLC
Pennsylvania
$16K
AIC
97
Archer Investment Corporation
Indiana
$15.4K -$45K -678 -75%
BCMLT
98
Beacon Capital Management LLC (Tennessee)
Tennessee
$12.4K
Qube Research & Technologies (QRT)
99
Qube Research & Technologies (QRT)
United Kingdom
$10.7K
AIP
100
Ameritas Investment Partners
Nebraska
$8.69K

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.