First Trust Cloud Computing ETF
SKYY
64 hedge funds and large institutions have $318M invested in First Trust Cloud Computing ETF in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 16 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
50.04% more ownership
Funds ownership: 0% → 50.04% (+50%)
7% less funds holding
Funds holding: 69 → 64 (-5)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
19% less capital invested
Capital invested by funds: $394M → $318M (-$75.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$10.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.97M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.67M |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.12M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$61.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.3M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$15.2M |
| 4 |
WA
WESPAC Advisors
Orinda,
California
|
-$1.85M |
| 5 |
Jane Street
New York
|
-$1.4M |
SKYY Hedge Fund Activity: Q4 2016 in Review
64 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q4 2016, worth a combined $318M — down 19% from $394M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SKYY and 13 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 22 added.
The largest buyer was Affinity Wealth Management, opening a new position worth an estimated $10.9M. The largest seller was Bank of America, cutting an estimated $61.2M.
- 64 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q4 2016, down from 69 in Q3 2016.
- Funds reported $318M of First Trust Cloud Computing ETF stock for Q4 2016, down 19% quarter-over-quarter.
- 13 funds opened new First Trust Cloud Computing ETF positions in Q4 2016 and 16 closed out, a net change of -3 holders.
- The largest First Trust Cloud Computing ETF buyer in Q4 2016 was Affinity Wealth Management, an estimated $10.9M added.
- The largest First Trust Cloud Computing ETF seller in Q4 2016 was Bank of America, an estimated $61.2M sold.
Based on aggregated 13F filings for Q4 2016.