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First Trust Indxx NextG ETF

114 hedge funds and large institutions have $184M invested in First Trust Indxx NextG ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 45 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less funds holding

Funds holding: 116114 (-2)

3.03% less ownership

Funds ownership: 50.04%47.01% (-3%)

9% less capital invested

Capital invested by funds: $202M → $184M (-$17.3M)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

29% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 45

Holders
114
Holders Change
-2
Holders Change %
-1.72%
% of All Funds
1.64%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
32
Reduced
45
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$19.8M -$21.1M -273,826 -52%
UBS Group
2
UBS Group
Switzerland
$19.3M -$1.7M -22,096 -8%
LPL Financial
3
LPL Financial
California
$18.9M -$225K -2,916 -1%
AAS
4
Avantax Advisory Services
Texas
$9.35M -$477K -6,187 -5%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$7.34M -$96.1K -1,245 -1%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$7.14M +$84.1K +1,090 +1%
RJA
7
Raymond James & Associates
Florida
$6.79M +$81.4K +1,055 +1%
Jane Street
8
Jane Street
New York
$6.17M -$1.69M -21,954 -22%
Wells Fargo
9
Wells Fargo
California
$6.12M +$629K +8,155 +12%
Bank of America
10
Bank of America
North Carolina
$5.56M -$162K -2,096 -3%
BFEC
11
Benjamin F. Edwards & Company
Missouri
$4.38M +$1.16M +15,080 +37%
KAS
12
Kestra Advisory Services
Texas
$4.37M +$48.4K +627 +1%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$3.83M +$489K +6,338 +15%
Stifel Financial
14
Stifel Financial
Missouri
$3.53M -$357K -4,631 -9%
PAG
15
Private Advisor Group
New Jersey
$3.49M -$277K -3,592 -8%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$3.2M -$35.6K -462 -1%
Mariner
17
Mariner
Kansas
$3.03M +$95.3K +1,235 +3%
Osaic Holdings
18
Osaic Holdings
Arizona
$2.75M -$708K -9,180 -21%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$2.63M +$990K +12,833 +63%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$2.27M -$499K -6,466 -18%
FPB
21
First PREMIER Bank
South Dakota
$2.02M -$58.8K -762 -3%
CWM
22
Concentrum Wealth Management
California
$2M +$60.2K +780 +3%
NA
23
NewEdge Advisors
Louisiana
$1.76M +$185K +2,404 +12%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$1.65M -$112K -1,457 -7%
PWM
25
Perigon Wealth Management
California
$1.55M +$231 +3 +0%

NXTG Hedge Fund Activity: Q1 2024 in Review

114 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Indxx NextG ETF (NXTG) for Q1 2024, worth a combined $184M — down 8.6% from $202M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NXTG and 6 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 32 added.

The largest buyer was Benjamin F. Edwards & Company, adding an estimated $1.16M. The largest seller was Morgan Stanley, cutting an estimated $21.1M.

  • 114 institutional investors held First Trust Indxx NextG ETF (NXTG) as of Q1 2024, down from 116 in Q4 2023.
  • Funds reported $184M of First Trust Indxx NextG ETF stock for Q1 2024, down 8.6% quarter-over-quarter.
  • 6 funds opened new First Trust Indxx NextG ETF positions in Q1 2024 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Indxx NextG ETF buyer in Q1 2024 was Benjamin F. Edwards & Company, an estimated $1.16M added.
  • The largest First Trust Indxx NextG ETF seller in Q1 2024 was Morgan Stanley, an estimated $21.1M sold.

Based on aggregated 13F filings for Q1 2024.