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First Trust Indxx NextG ETF

109 hedge funds and large institutions have $168M invested in First Trust Indxx NextG ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 54 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 111109 (-2)

1.86% less ownership

Funds ownership: 46.21%44.35% (-1.9%)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

17% less capital invested

Capital invested by funds: $202M → $168M (-$33.7M)

59% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 54

Holders
109
Holders Change
-2
Holders Change %
-1.8%
% of All Funds
1.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
22
Reduced
54
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$19.9M -$1.27M -18,027 -6%
Morgan Stanley
2
Morgan Stanley
New York
$19.1M -$5.05M -71,786 -20%
LPL Financial
3
LPL Financial
California
$17.8M -$1.18M -16,702 -6%
AAS
4
Avantax Advisory Services
Texas
$9.38M -$1.22M -17,280 -11%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$6.35M -$1.78M -25,313 -21%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$6.2M -$441K -6,258 -6%
RJA
7
Raymond James & Associates
Florida
$6.09M -$927K -13,163 -13%
Bank of America
8
Bank of America
North Carolina
$5.01M -$271K -3,845 -5%
Wells Fargo
9
Wells Fargo
California
$4.72M -$305K -4,332 -6%
KAS
10
Kestra Advisory Services
Texas
$3.79M +$398K +5,657 +11%
Jane Street
11
Jane Street
New York
$3.48M -$6.95M -98,726 -66%
Stifel Financial
12
Stifel Financial
Missouri
$3.44M -$1.18M -16,715 -25%
Osaic Holdings
13
Osaic Holdings
Arizona
$3.41M -$772K -10,959 -18%
PAG
14
Private Advisor Group
New Jersey
$3.35M -$150K -2,129 -4%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$3.3M +$2.18M +30,919 +174%
BFEC
16
Benjamin F. Edwards & Company
Missouri
$2.97M +$133K +1,884 +4%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$2.86M -$276K -3,921 -9%
Mariner
18
Mariner
Kansas
$2.81M -$210K -2,982 -7%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$2.66M -$268K -3,813 -9%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$2.64M -$70.5K -1,001 -3%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$1.89M -$56.4K -801 -3%
FPB
22
First PREMIER Bank
South Dakota
$1.8M +$3.03K +43 +0.2%
CWM
23
Concentrum Wealth Management
California
$1.63M +$106K +1,509 +7%
CAN
24
Cetera Advisor Networks
California
$1.49M +$528K +7,498 +52%
NA
25
NewEdge Advisors
Louisiana
$1.46M +$8.31K +118 +0.6%

NXTG Hedge Fund Activity: Q3 2023 in Review

109 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q3 2023, worth a combined $168M — down 17% from $202M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NXTG and 8 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 22 added.

The largest buyer was Susquehanna International Group, adding an estimated $2.18M. The largest seller was Jane Street, cutting an estimated $6.95M.

  • 109 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q3 2023, down from 111 in Q2 2023.
  • Funds reported $168M of First Trust Indxx NextG ETF stock for Q3 2023, down 17% quarter-over-quarter.
  • 8 funds opened new First Trust Indxx NextG ETF positions in Q3 2023 and 9 closed out, a net change of -1 holder.
  • The largest First Trust Indxx NextG ETF buyer in Q3 2023 was Susquehanna International Group, an estimated $2.18M added.
  • The largest First Trust Indxx NextG ETF seller in Q3 2023 was Jane Street, an estimated $6.95M sold.

Based on aggregated 13F filings for Q3 2023.