First Trust Indxx NextG ETF
NXTG
95 hedge funds and large institutions have $536M invested in First Trust Indxx NextG ETF in 2020 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 46 increasing their positions, 12 reducing their positions, and 6 closing their positions.
317% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 6
283% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 12
26% more capital invested
Capital invested by funds: $426M → $536M (+$111M)
23% more funds holding
Funds holding: 77 → 95 (+18)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.99% less ownership
Funds ownership: 71.96% → 65.97% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.12M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.44M |
| 3 |
LPL Financial
San Diego,
California
|
+$7.31M |
| 4 |
Morgan Stanley
New York
|
+$6.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$25.3M |
| 2 |
Jane Street
New York
|
-$3.79M |
| 3 |
TC
TownSquare Capital
Provo,
Utah
|
-$2.78M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.01M |
| 5 |
AFM
Andesa Financial Management
Allentown,
Pennsylvania
|
-$651K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fidelity Investments
Boston,
Massachusetts
| – | +$192 | +3 | New |
|
NXTG Hedge Fund Activity: Q4 2020 in Review
95 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q4 2020, worth a combined $536M — up 26% from $426M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NXTG positions and 6 closed out — a net gain of 19 holders — while 46 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.12M. The largest seller was Avantax Advisory Services, cutting an estimated $25.3M.
- 95 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q4 2020, up from 77 in Q3 2020.
- Funds reported $536M of First Trust Indxx NextG ETF stock for Q4 2020, up 26% quarter-over-quarter.
- 25 funds opened new First Trust Indxx NextG ETF positions in Q4 2020 and 6 closed out, a net change of +19 holders.
- The largest First Trust Indxx NextG ETF buyer in Q4 2020 was Wells Fargo, an estimated $8.12M added.
- The largest First Trust Indxx NextG ETF seller in Q4 2020 was Avantax Advisory Services, an estimated $25.3M sold.
Based on aggregated 13F filings for Q4 2020.