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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
GEA
101
Glen Eagle Advisors
New Jersey
$6.95K -$2.92K -44 -31%
WP
102
WealthPLAN Partners
Nebraska
$6.77K +$6.43K +97 New
BEI
103
Benjamin Edwards Inc
Missouri
$6K -$199 -3 -3%
ASN
104
Advisory Services Network
Georgia
$5.21K -$23.2K -350 -82%
PA
105
PSI Advisors
Florida
$5.21K -$6.63K -100 -57%
Bank of Montreal
106
Bank of Montreal
Ontario, Canada
$4.17K -$11.9K -180 -75%
CIA
107
Cape Investment Advisory
Georgia
$3.82K +$3.65K +55 New
Commonwealth Equity Services
108
Commonwealth Equity Services
Massachusetts
$3.38K -$4.09M -61,721 -56%
CFGS
109
Concourse Financial Group Securities
Alabama
$3.27K +$3.12K +47 New
KTC
110
Kistler-Tiffany Companies
Pennsylvania
$3.22K
VWM
111
Valley Wealth Managers
New Jersey
$278
IAIM
112
International Assets Investment Management
Florida
-$7.17M -148,330 Closed
OMC
113
Old Mission Capital
Illinois
-$4.4M -72,155 Closed
TWC
114
TD Waterhouse Canada
Ontario, Canada
-$769K -9,828 Closed
CIAS
115
Capital Investment Advisory Services
North Carolina
-$320K -5,250 Closed
HSA
116
HBK Sorce Advisory
Pennsylvania
-$280K -4,598 Closed
RA
117
RFG Advisory
Alabama
-$267K -3,962 Closed
AWS
118
Atria Wealth Solutions
New York
-$241K -3,948 Closed
EA
119
Ergawealth Advisors
Illinois
-$222K -3,640 Closed
BPA
120
Beacon Pointe Advisors
California
-$217K -3,555 Closed
MCC
121
Money Concepts Capital
Florida
-$94.3K -1,546 Closed
HNWAG
122
High Net Worth Advisory Group
Florida
-$22.9K -375 Closed
Rockefeller Capital Management
123
Rockefeller Capital Management
New York
-$6K -100 Closed
RFS
124
Retirement Financial Solutions
Tennessee
-$2.44K -40 Closed

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.