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First Trust Smith Opportunistic Fixed Income ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 1716 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
16
Holders Change
-1
Holders Change %
-5.88%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$7.56M +$6.55M +128,775 +647%
LPL Financial
2
LPL Financial
California
$5.29M -$916K -17,997 -15%
BCI
3
Brinker Capital Investments
Pennsylvania
$3.82M
FAAS
4
First Allied Advisory Services
California
$2.23M -$3.51K -69 -0.2%
VF
5
Virtu Financial
New York
$2.14M +$2.14M +41,971 New
JP Morgan Chase
6
JP Morgan Chase
New York
$2.09M +$193K +3,801 +10%
HFS
7
HL Financial Services
Kentucky
$1.76M +$51.2K +1,006 +3%
RJA
8
Raymond James & Associates
Florida
$1.46M -$71.2K -1,400 -5%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$1.44M +$421K +8,274 +41%
Goldman Sachs
10
Goldman Sachs
New York
$1.1M -$6.87M -135,000 -86%
PAG
11
Private Advisor Group
New Jersey
$574K
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$555K +$555K +10,900 New
GFPC
13
Global Financial Private Capital
Florida
$357K +$357K +7,011 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$351K +$40.6K +798 +13%
MML Investors Services
15
MML Investors Services
Massachusetts
$200K -$7.02K -138 -3%
AG
16
Advisor Group
Arizona
$15K +$15K +295 New
Citadel Advisors
17
Citadel Advisors
Florida
-$509K -10,047 Closed
DADC
18
D.A. Davidson & Co
Montana
-$148K -2,920 Closed
BTIS
19
BB&T Investment Services
North Carolina
-$15K -298 Closed
ACM
20
Aviance Capital Management
Florida
-$10K -191 Closed
PFGIA
21
Patriot Financial Group Insurance Agency
Massachusetts
-$9K -172 Closed

FIXD Hedge Fund Activity: Q3 2017 in Review

16 of the 4,011 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.