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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.

New
Increased
Maintained
Reduced
Closed

300% more funds holding

Funds holding: 1 → 4 (+3)

5% less capital invested

Capital invested by funds: $9.97M → $9.46M (-$520K)

6.58% less ownership

Funds ownership: 100% → 93.42% (-6.6%)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
4
Holders Change
+3
Holders Change %
+300%
% of All Funds
0.1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
–
Reduced
1
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$1.34M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$298K
3
Bank of America
Bank of America
North Carolina
+$69.5K

Top Sellers

Rank Fund Capital Flow
1
Citigroup
Citigroup
New York
-$2.38M

FCAL Hedge Fund Activity: Q3 2017 in Review

4 of the 4,022 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 $9.97M 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.