First Trust Cloud Computing ETF
SKYY
60 hedge funds and large institutions have $330M invested in First Trust Cloud Computing ETF in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 21 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 58 → 60 (+2)
3% less capital invested
Capital invested by funds: $341M → $330M (-$11.4M)
24% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 21
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $210K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.68M |
| 2 |
Morgan Stanley
New York
|
+$1.26M |
| 3 |
VF
Virtu Financial
New York
|
+$466K |
| 4 |
Millennium Management
New York
|
+$393K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.57M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.81M |
| 3 |
Jane Street
New York
|
-$1.95M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.15M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$968K |
SKYY Hedge Fund Activity: Q2 2016 in Review
60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q2 2016, worth a combined $330M — down 3.4% from $341M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SKYY positions and 6 closed out — a net gain of 2 holders — while 16 added to existing stakes and 21 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.68M. The largest seller was Bank of America, cutting an estimated $7.57M.
- 60 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q2 2016, up from 58 in Q1 2016.
- Funds reported $330M of First Trust Cloud Computing ETF stock for Q2 2016, down 3.4% quarter-over-quarter.
- 8 funds opened new First Trust Cloud Computing ETF positions in Q2 2016 and 6 closed out, a net change of +2 holders.
- The largest First Trust Cloud Computing ETF buyer in Q2 2016 was Citadel Advisors, an estimated $1.68M added.
- The largest First Trust Cloud Computing ETF seller in Q2 2016 was Bank of America, an estimated $7.57M sold.
Based on aggregated 13F filings for Q2 2016.