First Trust Cloud Computing ETF
SKYY
23 hedge funds and large institutions have $37.9M invested in First Trust Cloud Computing ETF in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
38% more capital invested
Capital invested by funds: $27.4M → $37.9M (+$10.5M)
4% less funds holding
Funds holding: 24 → 23 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.36M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$353K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
+$239K |
| 4 |
Morgan Stanley
New York
|
+$135K |
| 5 |
LPL Financial
San Diego,
California
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$926K |
| 2 |
VF
Virtu Financial
New York
|
-$316K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$195K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$145K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$30K |
SKYY Hedge Fund Activity: Q3 2013 in Review
23 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q3 2013, worth a combined $37.9M — up 38% from $27.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SKYY and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 8 added.
The largest buyer was Bank of America, adding an estimated $6.36M. The largest seller was Deutsche Bank, cutting an estimated $926K.
- 23 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q3 2013, down from 24 in Q2 2013.
- Funds reported $37.9M of First Trust Cloud Computing ETF stock for Q3 2013, up 38% quarter-over-quarter.
- 2 funds opened new First Trust Cloud Computing ETF positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest First Trust Cloud Computing ETF buyer in Q3 2013 was Bank of America, an estimated $6.36M added.
- The largest First Trust Cloud Computing ETF seller in Q3 2013 was Deutsche Bank, an estimated $926K sold.
Based on aggregated 13F filings for Q3 2013.