First Trust Cloud Computing ETF
SKYY
309 hedge funds and large institutions have $1.22B invested in First Trust Cloud Computing ETF in 2023 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 82 increasing their positions, 115 reducing their positions, and 26 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
2% more funds holding
Funds holding: 303 → 309 (+6)
2.68% less ownership
Funds ownership: 48.87% → 46.19% (-2.7%)
13% less capital invested
Capital invested by funds: $1.41B → $1.22B (-$186M)
29% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 115
42% less call options, than puts
Call options by funds: $8.49M | Put options by funds: $14.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$16.7M |
| 2 |
FCC
Florin Court Capital
London,
United Kingdom
|
+$5.06M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.6M |
| 4 |
VWM
Valley Wealth Managers
Paramus,
New Jersey
|
+$3.92M |
| 5 |
RSWM
Robertson Stephens Wealth Management
San Francisco,
California
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$200M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.56M |
| 3 |
Two Sigma Investments
New York
|
-$5.78M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.81M |
| 5 |
RCS
Retirement Capital Strategies
San Jose,
California
|
-$2.82M |
SKYY Hedge Fund Activity: Q3 2023 in Review
309 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Cloud Computing ETF (SKYY) for Q3 2023, worth a combined $1.22B — down 13% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SKYY positions and 26 closed out — a net gain of 9 holders — while 82 added to existing stakes and 115 trimmed.
The largest buyer was Main Management ETF Advisors, opening a new position worth an estimated $16.7M. The largest seller was Bank of America, cutting an estimated $200M.
- 309 institutional investors held First Trust Cloud Computing ETF (SKYY) as of Q3 2023, up from 303 in Q2 2023.
- Funds reported $1.22B of First Trust Cloud Computing ETF stock for Q3 2023, down 13% quarter-over-quarter.
- 35 funds opened new First Trust Cloud Computing ETF positions in Q3 2023 and 26 closed out, a net change of +9 holders.
- The largest First Trust Cloud Computing ETF buyer in Q3 2023 was Main Management ETF Advisors, an estimated $16.7M added.
- The largest First Trust Cloud Computing ETF seller in Q3 2023 was Bank of America, an estimated $200M sold.
Based on aggregated 13F filings for Q3 2023.