First Trust Smith Opportunistic Fixed Income ETF
FIXD
106 hedge funds and large institutions have $599M invested in First Trust Smith Opportunistic Fixed Income ETF in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 48 increasing their positions, 16 reducing their positions, and 8 closing their positions.
313% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 8
200% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 16
45% more capital invested
Capital invested by funds: $414M → $599M (+$185M)
31% more funds holding
Funds holding: 81 → 106 (+25)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2.44% less ownership
Funds ownership: 68.52% → 66.08% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.4M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$21.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.1M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$14.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$9.64M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$855K |
| 4 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$474K |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
-$416K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
101
First Horizon Advisors
Memphis,
Tennessee
| $5K | +$5.24K | +100 | New |
|
|
GFPC
102
Global Financial Private Capital
Sarasota,
Florida
| $4K | -$1.31K | -25 | -27% |
|
|
CIAS
103
Capital Investment Advisory Services
Raleigh,
North Carolina
| $4K | – | – | – |
|
|
FHA
104
Flagship Harbor Advisors
Boston,
Massachusetts
| $4K | – | – | – |
|
105
JP Morgan Chase
New York
| $1K | – | – | – |
|
|
106
Citadel Advisors
Miami,
Florida
| – | -$1.04M | -20,155 | Closed |
|
|
QAM
107
Q3 Asset Management
Birmingham,
Michigan
| – | -$143K | -4,384 | Closed |
|
|
ESB
108
Essex Savings Bank
Essex,
Connecticut
| – | -$111K | -2,138 | Closed |
|
|
PFGIA
109
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$25K | -491 | Closed |
|
|
CWA
110
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$16K | -300 | Closed |
|
|
SFA
111
Semmax Financial Advisors
Winston Salem,
North Carolina
| – | -$10K | -184 | Closed |
|
112
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -39 | Closed |
|
FIXD Hedge Fund Activity: Q3 2019 in Review
106 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q3 2019, worth a combined $599M — up 45% from $414M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FIXD positions and 8 closed out — a net gain of 25 holders — while 48 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $39.4M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $9.64M.
- 106 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q3 2019, up from 81 in Q2 2019.
- Funds reported $599M of First Trust Smith Opportunistic Fixed Income ETF stock for Q3 2019, up 45% quarter-over-quarter.
- 33 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q3 2019 and 8 closed out, a net change of +25 holders.
- The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q3 2019 was Morgan Stanley, an estimated $39.4M added.
- The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q3 2019 was Cambridge Investment Research Advisors, an estimated $9.64M sold.
Based on aggregated 13F filings for Q3 2019.