First Trust Cloud Computing ETF
SKYY
50 hedge funds and large institutions have $160M invested in First Trust Cloud Computing ETF in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
177% more capital inflows, than outflows
Capital inflows: $34.7M | Capital outflows: $12.5M
19% more funds holding
Funds holding: 42 → 50 (+8)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$19.1M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$11.2M |
| 3 |
Goldman Sachs
New York
|
+$1.01M |
| 4 |
NES
New England Securities
New York
|
+$860K |
| 5 |
WAS
Winch Advisory Services
Appleton,
Wisconsin
|
+$645K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.31M |
| 2 |
Jane Street
New York
|
-$2M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$1.83M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
-$1.36M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.27M |
SKYY Hedge Fund Activity: Q2 2014 in Review
50 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q2 2014, worth a combined $160M — up 17% from $137M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SKYY positions and 2 closed out — a net gain of 8 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $19.1M. The largest seller was Susquehanna International Group, cutting an estimated $3.31M.
- 50 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q2 2014, up from 42 in Q1 2014.
- Funds reported $160M of First Trust Cloud Computing ETF stock for Q2 2014, up 17% quarter-over-quarter.
- 10 funds opened new First Trust Cloud Computing ETF positions in Q2 2014 and 2 closed out, a net change of +8 holders.
- The largest First Trust Cloud Computing ETF buyer in Q2 2014 was Bank of America, an estimated $19.1M added.
- The largest First Trust Cloud Computing ETF seller in Q2 2014 was Susquehanna International Group, an estimated $3.31M sold.
Based on aggregated 13F filings for Q2 2014.