First Trust California Municipal High income ETF
FCAL
9 hedge funds and large institutions have $12.6M invested in First Trust California Municipal High income ETF in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 0 closing their positions.
50% more funds holding
Funds holding: 6 → 9 (+3)
44% more capital invested
Capital invested by funds: $8.75M → $12.6M (+$3.88M)
5.21% more ownership
Funds ownership: 58.17% → 63.38% (+5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.02M |
| 2 |
Jane Street
New York
|
+$1M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$572K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$151K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$93.5K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $4.3M | +$60.5K | +1,204 | +1% |
|
|
2
Jane Street
New York
| $2.27M | +$1M | +19,901 | +78% |
|
3
LPL Financial
San Diego,
California
| $2.22M | +$76.2K | +1,515 | +4% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2M | +$2.02M | +40,155 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.05M | +$93.5K | +1,861 | +10% |
|
|
MIAN
6
Mariner Independent Advisor Network
Overland Park,
Kansas
| $565K | +$572K | +11,371 | New |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $149K | +$151K | +3,000 | New |
|
8
UBS Group
Zurich,
Switzerland
| $60K | – | – | – |
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $25K | – | – | – |
|
FCAL Hedge Fund Activity: Q3 2018 in Review
9 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q3 2018, worth a combined $12.6M — up 44% from $8.75M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FCAL positions and 0 closed out — a net gain of 3 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.02M.
- 9 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q3 2018, up from 6 in Q2 2018.
- Funds reported $12.6M of First Trust California Municipal High income ETF stock for Q3 2018, up 44% quarter-over-quarter.
- 3 funds opened new First Trust California Municipal High income ETF positions in Q3 2018 and 0 closed out, a net change of +3 holders.
- The largest First Trust California Municipal High income ETF buyer in Q3 2018 was Susquehanna International Group, an estimated $2.02M added.
Based on aggregated 13F filings for Q3 2018.