First Trust California Municipal High income ETF
FCAL
6 hedge funds and large institutions have $8.75M invested in First Trust California Municipal High income ETF in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
18% more capital invested
Capital invested by funds: $7.44M → $8.75M (+$1.3M)
15.82% less ownership
Funds ownership: 73.99% → 58.17% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.28M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$344K |
| 3 |
LPL Financial
San Diego,
California
|
+$68.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$60.5K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$402K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$49.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $4.26M | -$49.7K | -990 | -1% |
|
|
2
LPL Financial
San Diego,
California
| $2.15M | +$68.4K | +1,363 | +3% |
|
|
3
Jane Street
New York
| $1.29M | +$1.28M | +25,594 | New |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $963K | +$344K | +6,853 | +56% |
|
|
5
UBS Group
Zurich,
Switzerland
| $60K | +$60.5K | +1,205 | New |
|
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $25K | +$25.1K | +500 | New |
|
|
7
Citigroup
New York
| – | -$402K | -8,000 | Closed |
|
FCAL Hedge Fund Activity: Q2 2018 in Review
6 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q2 2018, worth a combined $8.75M — up 18% from $7.44M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FCAL positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.28M. The largest seller was Citigroup, exiting entirely with an estimated $402K sold.
- 6 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q2 2018, up from 4 in Q1 2018.
- Funds reported $8.75M of First Trust California Municipal High income ETF stock for Q2 2018, up 18% quarter-over-quarter.
- 3 funds opened new First Trust California Municipal High income ETF positions in Q2 2018 and 1 closed out, a net change of +2 holders.
- The largest First Trust California Municipal High income ETF buyer in Q2 2018 was Jane Street, an estimated $1.28M added.
- The largest First Trust California Municipal High income ETF seller in Q2 2018 was Citigroup, an estimated $402K sold.
Based on aggregated 13F filings for Q2 2018.