First Trust California Municipal High income ETF
FCAL
4 hedge funds and large institutions have $9.46M invested in First Trust California Municipal High income ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
300% more funds holding
Funds holding: 1 → 4 (+3)
6.58% less ownership
Funds ownership: 100% → 93.42% (-6.6%)
28% less capital inflows, than outflows
Capital inflows: $1.71M | Capital outflows: $2.38M
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.34M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$298K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$69.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.38M |
FCAL Hedge Fund Activity: Q3 2017 in Review
4 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q3 2017, worth a combined $9.46M — down 5.2% from $10M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FCAL positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $1.34M. The largest seller was Citigroup, cutting an estimated $2.38M.
- 4 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q3 2017, up from 1 in Q2 2017.
- Funds reported $9.46M of First Trust California Municipal High income ETF stock for Q3 2017, down 5.2% quarter-over-quarter.
- 3 funds opened new First Trust California Municipal High income ETF positions in Q3 2017 and 0 closed out, a net change of +3 holders.
- The largest First Trust California Municipal High income ETF buyer in Q3 2017 was LPL Financial, an estimated $1.34M added.
- The largest First Trust California Municipal High income ETF seller in Q3 2017 was Citigroup, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2017.