First Trust Smith Opportunistic Fixed Income ETF
FIXD
16 hedge funds and large institutions have $31M invested in First Trust Smith Opportunistic Fixed Income ETF in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 5 closing their positions.
6% more capital invested
Capital invested by funds: $29.1M → $31M (+$1.85M)
3.46% more ownership
Funds ownership: 57.39% → 60.85% (+3.5%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6% less funds holding
Funds holding: 17 → 16 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.55M |
| 2 |
VF
Virtu Financial
New York
|
+$2.14M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$555K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$421K |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.87M |
| 2 |
LPL Financial
San Diego,
California
|
-$916K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$509K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$148K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$71.2K |
FIXD Hedge Fund Activity: Q3 2017 in Review
16 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q3 2017, worth a combined $31M — up 6.4% from $29.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FIXD and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Bank of America, adding an estimated $6.55M. The largest seller was Goldman Sachs, cutting an estimated $6.87M.
- 16 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q3 2017, down from 17 in Q2 2017.
- Funds reported $31M of First Trust Smith Opportunistic Fixed Income ETF stock for Q3 2017, up 6.4% quarter-over-quarter.
- 4 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q3 2017 and 5 closed out, a net change of -1 holder.
- The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q3 2017 was Bank of America, an estimated $6.55M added.
- The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q3 2017 was Goldman Sachs, an estimated $6.87M sold.
Based on aggregated 13F filings for Q3 2017.