First Trust Cloud Computing ETF
SKYY
69 hedge funds and large institutions have $394M invested in First Trust Cloud Computing ETF in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
19% more capital invested
Capital invested by funds: $330M → $394M (+$64.2M)
15% more funds holding
Funds holding: 60 → 69 (+9)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.6M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$14.6M |
| 3 |
Jane Street
New York
|
+$1.89M |
| 4 |
WA
WESPAC Advisors
Orinda,
California
|
+$1.78M |
| 5 |
Morgan Stanley
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.06M |
| 3 |
VF
Virtu Financial
New York
|
-$1.54M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$667K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$664K |
SKYY Hedge Fund Activity: Q3 2016 in Review
69 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q3 2016, worth a combined $394M — up 19% from $330M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SKYY positions and 8 closed out — a net gain of 9 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $14.6M. The largest seller was Bank of America, cutting an estimated $16M.
- 69 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q3 2016, up from 60 in Q2 2016.
- Funds reported $394M of First Trust Cloud Computing ETF stock for Q3 2016, up 19% quarter-over-quarter.
- 17 funds opened new First Trust Cloud Computing ETF positions in Q3 2016 and 8 closed out, a net change of +9 holders.
- The largest First Trust Cloud Computing ETF buyer in Q3 2016 was Envestnet Asset Management, an estimated $14.6M added.
- The largest First Trust Cloud Computing ETF seller in Q3 2016 was Bank of America, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2016.