First Trust Cloud Computing ETF
SKYY
58 hedge funds and large institutions have $341M invested in First Trust Cloud Computing ETF in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 12 closing their positions.
1% more capital invested
Capital invested by funds: $336M → $341M (+$4.71M)
3% less funds holding
Funds holding: 60 → 58 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $31K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$18.6M |
| 2 |
Morgan Stanley
New York
|
+$5.28M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.18M |
| 4 |
Jane Street
New York
|
+$1.14M |
| 5 |
VF
Virtu Financial
New York
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$5.99M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.64M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.96M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.28M |
| 5 |
LPL Financial
San Diego,
California
|
-$2M |
SKYY Hedge Fund Activity: Q1 2016 in Review
58 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q1 2016, worth a combined $341M — up 1.4% from $336M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SKYY and 10 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 16 added.
The largest buyer was Bank of America, adding an estimated $18.6M. The largest seller was Hollencrest Capital Management, exiting entirely with an estimated $5.99M sold.
- 58 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q1 2016, down from 60 in Q4 2015.
- Funds reported $341M of First Trust Cloud Computing ETF stock for Q1 2016, up 1.4% quarter-over-quarter.
- 10 funds opened new First Trust Cloud Computing ETF positions in Q1 2016 and 12 closed out, a net change of -2 holders.
- The largest First Trust Cloud Computing ETF buyer in Q1 2016 was Bank of America, an estimated $18.6M added.
- The largest First Trust Cloud Computing ETF seller in Q1 2016 was Hollencrest Capital Management, an estimated $5.99M sold.
Based on aggregated 13F filings for Q1 2016.