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First Trust Indxx NextG ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 7795 (+18)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5.99% less ownership

Funds ownership: 71.96%65.97% (-6%)

Holders
95
Holders Change
+18
Holders Change %
+23.38%
% of All Funds
1.68%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
25
Increased
46
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAS
1
Avantax Advisory Services
Texas
$258M -$25.3M -394,894 -10%
UBS Group
2
UBS Group
Switzerland
$57M +$7.44M +116,338 +16%
Morgan Stanley
3
Morgan Stanley
New York
$39.3M +$6.9M +107,824 +23%
LPL Financial
4
LPL Financial
California
$22.5M +$7.31M +114,237 +54%
Bank of America
5
Bank of America
North Carolina
$18.5M +$4.57M +71,473 +37%
Wells Fargo
6
Wells Fargo
California
$17M +$8.12M +126,887 +107%
RJA
7
Raymond James & Associates
Florida
$9.27M +$1.53M +23,910 +22%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$8.59M +$797K +12,457 +11%
Osaic Holdings
9
Osaic Holdings
Arizona
$8.19M +$2.01M +31,485 +36%
Stifel Financial
10
Stifel Financial
Missouri
$7.97M +$713K +11,155 +11%
KAS
11
Kestra Advisory Services
Texas
$7.69M +$489K +7,638 +7%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$6.88M +$2.44M +38,209 +62%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$5.48M +$498K +7,787 +11%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$5.13M +$4.28M +66,970 +935%
LFAS
15
Level Four Advisory Services
Texas
$4.46M +$3.53M +55,143 +588%
BFEC
16
Benjamin F. Edwards & Company
Missouri
$3.61M +$119K +1,867 +4%
PAG
17
Private Advisor Group
New Jersey
$3.27M +$318K +4,977 +12%
MIFH
18
Migdal Insurance & Financial Holdings
Israel
$3.2M +$2.96M +46,305 New
SCA
19
Snowden Capital Advisors
New York
$3.09M +$2.86M +44,643 New
Truist Financial
20
Truist Financial
North Carolina
$2.67M +$150K +2,352 +6%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$2.55M +$1.4M +21,863 +146%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$2.54M +$349K +5,452 +17%
UR
23
USCA RIA
Texas
$2.48M +$199K +3,105 +9%
AI
24
Atria Investments
North Carolina
$1.89M +$1.74M +27,279 New
LIG
25
Lokken Investment Group
Delaware
$1.88M +$1.74M +27,200 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.