First Trust California Municipal High income ETF
FCAL
54 hedge funds and large institutions have $182M invested in First Trust California Municipal High income ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 33 increasing their positions, 8 reducing their positions, and 3 closing their positions.
313% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
13% more capital invested
Capital invested by funds: $161M → $182M (+$20.3M)
4% more funds holding
Funds holding: 52 → 54 (+2)
0.98% more ownership
Funds ownership: 73.85% → 74.83% (+0.98%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$19.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.09M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.64M |
| 4 |
IP
Ignite Planners
San Clemente,
California
|
+$1.53M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.62M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.79M |
| 3 |
Jane Street
New York
|
-$1.62M |
| 4 |
GS
GTS Securities
New York
|
-$406K |
| 5 |
CCG
Catalina Capital Group
Torrance,
California
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAIM
51
International Assets Investment Management
Orlando,
Florida
| $34.7K | +$34.5K | +700 | New |
|
|
PTC
52
Private Trust Company
Cleveland,
Ohio
| $16.4K | – | – | – |
|
|
DF
53
Dunhill Financial
London,
United Kingdom
| $13.6K | +$99 | +2 | +0.7% |
|
|
CB
54
Chris Bulman
Roseville,
California
| $6.54K | +$6.51K | +132 | New |
|
55
Wells Fargo
San Francisco,
California
| $18 | -$49 | -1 | Closed |
|
|
56
Goldman Sachs
New York
| – | -$5.62M | -113,143 | Closed |
|
|
JBA
57
Johnson Bixby & Associates
Vancouver,
Washington
| – | -$200K | -4,033 | Closed |
|
FCAL Hedge Fund Activity: Q2 2024 in Review
54 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q2 2024, worth a combined $182M — up 13% from $161M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FCAL positions and 3 closed out — a net gain of 2 holders — while 33 added to existing stakes and 8 trimmed.
The largest buyer was Miracle Mile Advisors, adding an estimated $19.1M. The largest seller was Goldman Sachs, exiting entirely with an estimated $5.62M sold.
- 54 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q2 2024, up from 52 in Q1 2024.
- Funds reported $182M of First Trust California Municipal High income ETF stock for Q2 2024, up 13% quarter-over-quarter.
- 5 funds opened new First Trust California Municipal High income ETF positions in Q2 2024 and 3 closed out, a net change of +2 holders.
- The largest First Trust California Municipal High income ETF buyer in Q2 2024 was Miracle Mile Advisors, an estimated $19.1M added.
- The largest First Trust California Municipal High income ETF seller in Q2 2024 was Goldman Sachs, an estimated $5.62M sold.
Based on aggregated 13F filings for Q2 2024.