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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
Morgan Stanley
1
Morgan Stanley
New York
$25.8M -$1.69M -25,415 -6%
UBS Group
2
UBS Group
Switzerland
$23.9M -$2.72M -41,074 -11%
LPL Financial
3
LPL Financial
California
$19.1M -$6.01M -90,556 -25%
AAS
4
Avantax Advisory Services
Texas
$11.1M -$2.34M -35,291 -18%
RJA
5
Raymond James & Associates
Florida
$9.06M -$203K -3,057 -2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$8.36M -$2.94M -44,396 -27%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$7.27M -$235K -3,544 -3%
Bank of America
8
Bank of America
North Carolina
$6.16M -$604K -9,108 -9%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$5.82M +$2.07M +31,228 +59%
Wells Fargo
10
Wells Fargo
California
$5.51M -$1.09M -16,450 -17%
Stifel Financial
11
Stifel Financial
Missouri
$5.14M -$4.83M -72,891 -50%
Osaic Holdings
12
Osaic Holdings
Arizona
$5.01M -$508K -7,656 -10%
Jane Street
13
Jane Street
New York
$3.89M -$1.84M -27,778 -33%
PAG
14
Private Advisor Group
New Jersey
$3.86M -$70.4K -1,062 -2%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$3.33M +$1.77M +26,685 +126%
KAS
16
Kestra Advisory Services
Texas
$3.26M -$129K -1,948 -4%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$3.21M -$77.8K -1,173 -2%
Mariner
18
Mariner
Kansas
$3.14M -$1.04M -15,606 -26%
BFEC
19
Benjamin F. Edwards & Company
Missouri
$2.93M +$46.4K +700 +2%
FPB
20
First PREMIER Bank
South Dakota
$2.12M -$123K -1,850 -6%
SPC
21
Sigma Planning Corp
Michigan
$2.04M -$61.6K -929 -3%
Citadel Advisors
22
Citadel Advisors
Florida
$1.96M +$110K +1,663 +6%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$1.82M -$12.1K -183 -0.7%
NA
24
NewEdge Advisors
Louisiana
$1.7M -$282K -4,248 -15%
CWM
25
Concentrum Wealth Management
California
$1.55M -$45.8K -690 -3%

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.