We are live on ! Find out more
FCAL icon

First Trust California Municipal High income ETF

25 hedge funds and large institutions have $49.6M invested in First Trust California Municipal High income ETF in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 1

29% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 7

25% more funds holding

Funds holding: 2025 (+5)

0% more capital invested

Capital invested by funds: $49.6M → $49.6M (+$26K)

3.19% less ownership

Funds ownership: 62.57%59.39% (-3.2%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
25
Holders Change
+5
Holders Change %
+25%
% of All Funds
0.51%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
6
Increased
9
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$14.9M +$300K +5,898 +2%
Bank of America
2
Bank of America
North Carolina
$11.7M +$2.41M +47,356 +27%
TW
3
Towerpoint Wealth
California
$5.17M +$5.08K +100 +0.1%
LPL Financial
4
LPL Financial
California
$4.26M -$207K -4,071 -5%
KCM
5
Karp Capital Management
California
$2.61M +$190K +3,731 +8%
SWAG
6
Spectrum Wealth Advisory Group
California
$2.24M -$1.03M -20,188 -32%
Osaic Holdings
7
Osaic Holdings
Arizona
$1.79M +$187K +3,679 +12%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$1.4M +$11K +216 +0.8%
HighTower Advisors
9
HighTower Advisors
Illinois
$937K -$30.3K -596 -3%
Stifel Financial
10
Stifel Financial
Missouri
$675K -$160K -3,140 -20%
Jane Street
11
Jane Street
New York
$576K -$754K -14,831 -57%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$565K -$91K -1,790 -14%
LFAS
13
Level Four Advisory Services
Texas
$552K +$536K +10,538 New
WI
14
Wintrust Investments
Illinois
$470K -$356K -7,000 -44%
Morgan Stanley
15
Morgan Stanley
New York
$445K +$251K +4,928 +137%
FAIM
16
Financial Advocates Investment Management
Washington
$387K +$377K +7,415 New
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$269K +$262K +5,160 New
HAS
18
HBW Advisory Services
California
$214K +$208K +4,100 New
CF
19
Centaurus Financial
California
$110K
CAN
20
Cetera Advisor Networks
California
$99K +$96.6K +1,900 New
AIP
21
Ameritas Investment Partners
Nebraska
$53K +$3.61K +71 +7%
CFD
22
Creative Financial Designs
Indiana
$52K +$50.9K +1,000 New
JPLA
23
Joseph P. Lucia & Associates
New York
$37K
UBS Group
24
UBS Group
Switzerland
$29K +$9.51K +187 +50%
Citadel Advisors
25
Citadel Advisors
Florida
-$3.29M -64,373 Closed

FCAL Hedge Fund Activity: Q2 2020 in Review

25 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q2 2020, worth a combined $49.6M — up 0.05% from $49.6M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FCAL positions and 1 closed out — a net gain of 5 holders — while 9 added to existing stakes and 7 trimmed.

The largest buyer was Bank of America, adding an estimated $2.41M. The largest seller was Citadel Advisors, exiting entirely with an estimated $3.29M sold.

  • 25 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q2 2020, up from 20 in Q1 2020.
  • Funds reported $49.6M of First Trust California Municipal High income ETF stock for Q2 2020, up 0.05% quarter-over-quarter.
  • 6 funds opened new First Trust California Municipal High income ETF positions in Q2 2020 and 1 closed out, a net change of +5 holders.
  • The largest First Trust California Municipal High income ETF buyer in Q2 2020 was Bank of America, an estimated $2.41M added.
  • The largest First Trust California Municipal High income ETF seller in Q2 2020 was Citadel Advisors, an estimated $3.29M sold.

Based on aggregated 13F filings for Q2 2020.