First Trust Smith Opportunistic Fixed Income ETF
FIXD
340 hedge funds and large institutions have $4.03B invested in First Trust Smith Opportunistic Fixed Income ETF in 2024 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 138 increasing their positions, 155 reducing their positions, and 32 closing their positions.
6% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 32
1.3% less ownership
Funds ownership: 83.02% → 81.72% (-1.3%)
2% less funds holding
Funds holding: 347 → 340 (-7)
9% less capital invested
Capital invested by funds: $4.41B → $4.03B (-$384M)
11% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 155
21% less funds holding in top 10
Funds holding in top 10: 33 → 26 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$39.9M |
| 2 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$32.7M |
| 3 |
CFS
Commonwealth Financial Services
Vienna,
West Virginia
|
+$15M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$11.2M |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$7.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$29.6M |
| 2 |
Jane Street
New York
|
-$26.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$21.2M |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$21.1M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$20.8M |
FIXD Hedge Fund Activity: Q2 2024 in Review
340 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q2 2024, worth a combined $4.03B — down 8.7% from $4.41B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FIXD and 30 opened new positions — a net loss of 2 holders — while 155 trimmed existing stakes and 138 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $39.9M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $29.6M.
- 340 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q2 2024, down from 347 in Q1 2024.
- Funds reported $4.03B of First Trust Smith Opportunistic Fixed Income ETF stock for Q2 2024, down 8.7% quarter-over-quarter.
- 30 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q2 2024 and 32 closed out, a net change of -2 holders.
- The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q2 2024 was Ameriprise, an estimated $39.9M added.
- The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q2 2024 was Raymond James Financial Services Advisors, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2024.