First Trust Indxx NextG ETF
NXTG
136 hedge funds and large institutions have $310M invested in First Trust Indxx NextG ETF in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 64 reducing their positions, and 16 closing their positions.
4% less funds holding
Funds holding: 142 → 136 (-6)
8.22% less ownership
Funds ownership: 60.23% → 52.01% (-8.2%)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
44% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 64
46% less capital invested
Capital invested by funds: $576M → $310M (-$266M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.39M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.03M |
| 3 |
GWANC
Guardian Wealth Advisors (North Carolina)
Raleigh,
North Carolina
|
+$532K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$443K |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$150M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.61M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.92M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$4.26M |
| 5 |
Morgan Stanley
New York
|
-$4.08M |
NXTG Hedge Fund Activity: Q2 2022 in Review
136 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q2 2022, worth a combined $310M — down 46% from $576M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NXTG and 11 opened new positions — a net loss of 5 holders — while 64 trimmed existing stakes and 36 added.
The largest buyer was Jane Street, adding an estimated $2.39M. The largest seller was Avantax Advisory Services, cutting an estimated $150M.
- 136 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q2 2022, down from 142 in Q1 2022.
- Funds reported $310M of First Trust Indxx NextG ETF stock for Q2 2022, down 46% quarter-over-quarter.
- 11 funds opened new First Trust Indxx NextG ETF positions in Q2 2022 and 16 closed out, a net change of -5 holders.
- The largest First Trust Indxx NextG ETF buyer in Q2 2022 was Jane Street, an estimated $2.39M added.
- The largest First Trust Indxx NextG ETF seller in Q2 2022 was Avantax Advisory Services, an estimated $150M sold.
Based on aggregated 13F filings for Q2 2022.