First Trust Indxx NextG ETF
NXTG
116 hedge funds and large institutions have $202M invested in First Trust Indxx NextG ETF in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 61 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
20% more capital invested
Capital invested by funds: $168M → $202M (+$33.1M)
6% more funds holding
Funds holding: 109 → 116 (+7)
5.7% more ownership
Funds ownership: 44.35% → 50.04% (+5.7%)
74% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.1M |
| 2 |
Jane Street
New York
|
+$3.43M |
| 3 |
PWM
Perigon Wealth Management
San Francisco,
California
|
+$1.38M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$671K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.96M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.41M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.31M |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$1,000K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$737K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Creative Planning
Overland Park,
Kansas
| – | -$3.18K | -47 | Closed |
|
NXTG Hedge Fund Activity: Q4 2023 in Review
116 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q4 2023, worth a combined $202M — up 20% from $168M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NXTG positions and 9 closed out — a net gain of 8 holders — while 16 added to existing stakes and 61 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $17.1M. The largest seller was UBS Group, cutting an estimated $1.96M.
- 116 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q4 2023, up from 109 in Q3 2023.
- Funds reported $202M of First Trust Indxx NextG ETF stock for Q4 2023, up 20% quarter-over-quarter.
- 17 funds opened new First Trust Indxx NextG ETF positions in Q4 2023 and 9 closed out, a net change of +8 holders.
- The largest First Trust Indxx NextG ETF buyer in Q4 2023 was Morgan Stanley, an estimated $17.1M added.
- The largest First Trust Indxx NextG ETF seller in Q4 2023 was UBS Group, an estimated $1.96M sold.
Based on aggregated 13F filings for Q4 2023.