First Trust Active Factor Small Cap ETF
AFSM
31 hedge funds and large institutions have $48.9M invested in First Trust Active Factor Small Cap ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
32% more capital invested
Capital invested by funds: $36.9M → $48.9M (+$12M)
19% more funds holding
Funds holding: 26 → 31 (+5)
0.21% more ownership
Funds ownership: 102.84% → 103.05% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RW
Rockport Wealth
Fairview Park,
Ohio
|
+$2.01M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.67M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.36M |
| 4 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
+$1.33M |
| 5 |
JP Morgan Chase
New York
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beacon Financial Advisory
Cleveland,
Ohio
|
-$1.96M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$208K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$150K |
| 4 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$19K |
| 5 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$18.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
26
Farther Finance Advisors
San Francisco,
California
| $65.4K | – | – | – |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| $39.7K | – | – | – |
|
28
National Bank of Canada
Montreal,
Quebec, Canada
| $39.4K | – | – | – |
|
|
FFA
29
Founders Financial Alliance
Raleigh,
North Carolina
| $8.18K | +$7.86K | +250 | New |
|
30
UBS Group
Zurich,
Switzerland
| $5.04K | -$9.49K | -302 | -66% |
|
31
Morgan Stanley
New York
| $46 | – | – | – |
|
|
SPC
32
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$208K | -6,947 | Closed |
|
|
TIM
33
Total Investment Management
Scottsdale,
Arizona
| – | -$19K | -636 | Closed |
|
34
Bank of America
Charlotte,
North Carolina
| – | -$5.95K | -199 | Closed |
|
AFSM Hedge Fund Activity: Q3 2025 in Review
31 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Active Factor Small Cap ETF (AFSM) for Q3 2025, worth a combined $48.9M — up 32% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new AFSM positions and 3 closed out — a net gain of 6 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Rockport Wealth, opening a new position worth an estimated $2.01M. The largest seller was Beacon Financial Advisory, cutting an estimated $1.96M.
- 31 institutional investors held First Trust Active Factor Small Cap ETF (AFSM) as of Q3 2025, up from 26 in Q2 2025.
- Funds reported $48.9M of First Trust Active Factor Small Cap ETF stock for Q3 2025, up 32% quarter-over-quarter.
- 9 funds opened new First Trust Active Factor Small Cap ETF positions in Q3 2025 and 3 closed out, a net change of +6 holders.
- The largest First Trust Active Factor Small Cap ETF buyer in Q3 2025 was Rockport Wealth, an estimated $2.01M added.
- The largest First Trust Active Factor Small Cap ETF seller in Q3 2025 was Beacon Financial Advisory, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2025.