First Trust Cloud Computing ETF
SKYY
263 hedge funds and large institutions have $3.19B invested in First Trust Cloud Computing ETF in 2020 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 117 increasing their positions, 71 reducing their positions, and 25 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 71
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
16% more capital invested
Capital invested by funds: $2.76B → $3.19B (+$429M)
2% more funds holding
Funds holding: 257 → 263 (+6)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2.15% less ownership
Funds ownership: 62.56% → 60.41% (-2.1%)
77% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $44.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$50.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.6M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.76M |
| 4 |
GW
GW & Wade
Wellesley,
Massachusetts
|
+$8.64M |
| 5 |
JP Morgan Chase
New York
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWS
Paragon Wealth Strategies
Jacksonville,
Florida
|
-$9.17M |
| 2 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$6.07M |
| 3 |
Morgan Stanley
New York
|
-$5.17M |
| 4 |
PFA
Plotkin Financial Advisors
Chevy Chase,
Maryland
|
-$5.05M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$4.44M |
SKYY Hedge Fund Activity: Q3 2020 in Review
263 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q3 2020, worth a combined $3.19B — up 16% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SKYY positions and 25 closed out — a net gain of 7 holders — while 117 added to existing stakes and 71 trimmed.
The largest buyer was Bank of America, adding an estimated $50.7M. The largest seller was Paragon Wealth Strategies, exiting entirely with an estimated $9.17M sold.
- 263 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q3 2020, up from 257 in Q2 2020.
- Funds reported $3.19B of First Trust Cloud Computing ETF stock for Q3 2020, up 16% quarter-over-quarter.
- 32 funds opened new First Trust Cloud Computing ETF positions in Q3 2020 and 25 closed out, a net change of +7 holders.
- The largest First Trust Cloud Computing ETF buyer in Q3 2020 was Bank of America, an estimated $50.7M added.
- The largest First Trust Cloud Computing ETF seller in Q3 2020 was Paragon Wealth Strategies, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2020.