First Trust Indxx NextG ETF
NXTG
111 hedge funds and large institutions have $204M 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.
3% less funds holding
Funds holding: 115 → 111 (-4)
5.2% less ownership
Funds ownership: 49.96% → 44.76% (-5.2%)
6% less capital invested
Capital invested by funds: $217M → $204M (-$13.6M)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.07M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.77M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$1.26M |
| 4 |
CI
CPR Investments
Rochester,
Michigan
|
+$838K |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$7.17M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.01M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$4.83M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.4M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.09M |
NXTG Hedge Fund Activity: Q1 2023 in Review
111 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q1 2023, worth a combined $204M — down 6.3% 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 $204M of First Trust Indxx NextG ETF stock for Q1 2023, down 6.3% 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.