First Trust California Municipal High income ETF
FCAL
59 hedge funds and large institutions have $195M invested in First Trust California Municipal High income ETF in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
9% more funds holding
Funds holding: 54 → 59 (+5)
8% more capital invested
Capital invested by funds: $182M → $195M (+$13.7M)
0.76% more ownership
Funds ownership: 74.83% → 75.59% (+0.76%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.37M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$3.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.78M |
| 4 |
CW
Channel Wealth
Santa Barbara,
California
|
+$1.07M |
| 5 |
Rockefeller Capital Management
New York
|
+$999K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.64M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$969K |
| 3 |
FA
Flagstar Advisors
New York
|
-$741K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$610K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$516K |
FCAL Hedge Fund Activity: Q3 2024 in Review
59 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust California Municipal High income ETF (FCAL) for Q3 2024, worth a combined $195M — up 7.6% from $182M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FCAL positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.37M. The largest seller was Old Mission Capital, exiting entirely with an estimated $1.64M sold.
- 59 institutional investors held First Trust California Municipal High income ETF (FCAL) as of Q3 2024, up from 54 in Q2 2024.
- Funds reported $195M of First Trust California Municipal High income ETF stock for Q3 2024, up 7.6% quarter-over-quarter.
- 11 funds opened new First Trust California Municipal High income ETF positions in Q3 2024 and 6 closed out, a net change of +5 holders.
- The largest First Trust California Municipal High income ETF buyer in Q3 2024 was LPL Financial, an estimated $4.37M added.
- The largest First Trust California Municipal High income ETF seller in Q3 2024 was Old Mission Capital, an estimated $1.64M sold.
Based on aggregated 13F filings for Q3 2024.