First Trust California Municipal High income ETF
FCAL
32 hedge funds and large institutions have $49.5M invested in First Trust California Municipal High income ETF in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 3 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
10% more funds holding
Funds holding: 29 → 32 (+3)
11% less capital invested
Capital invested by funds: $55.7M → $49.5M (-$6.14M)
11.39% less ownership
Funds ownership: 54.63% → 43.24% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.05M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$937K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$925K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$12.6M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$2.83M |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$628K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$93.5K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$93.5K |
FCAL Hedge Fund Activity: Q3 2021 in Review
32 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q3 2021, worth a combined $49.5M — down 11% from $55.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FCAL positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $4.05M. The largest seller was Commonwealth Equity Services, cutting an estimated $12.6M.
- 32 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q3 2021, up from 29 in Q2 2021.
- Funds reported $49.5M of First Trust California Municipal High income ETF stock for Q3 2021, down 11% quarter-over-quarter.
- 6 funds opened new First Trust California Municipal High income ETF positions in Q3 2021 and 3 closed out, a net change of +3 holders.
- The largest First Trust California Municipal High income ETF buyer in Q3 2021 was Jane Street, an estimated $4.05M added.
- The largest First Trust California Municipal High income ETF seller in Q3 2021 was Commonwealth Equity Services, an estimated $12.6M sold.
Based on aggregated 13F filings for Q3 2021.