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First Trust Smith Opportunistic Fixed Income ETF

52 hedge funds and large institutions have $235M invested in First Trust Smith Opportunistic Fixed Income ETF in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

79% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 14

8% more capital invested

Capital invested by funds: $217M → $235M (+$18M)

0% more funds holding

Funds holding: 5252 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

36.74% less ownership

Funds ownership: 110.17%73.44% (-37%)

Holders
52
Holders Change
Holders Change %
0%
% of All Funds
1.19%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
8
Increased
25
Reduced
14
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PI
1
PHH Investments
Texas
$45.6M +$45.8M +930,404 New
Morgan Stanley
2
Morgan Stanley
New York
$31.4M -$5.02M -102,028 -14%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$22.4M +$5.1M +103,510 +29%
LI
4
LVZ Inc
Michigan
$20.3M -$7.84M -159,241 -28%
BCI
5
Brinker Capital Investments
Pennsylvania
$19.4M +$9.4M +190,912 +93%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$17M +$17.1M +346,448 New
Carson Wealth (CWM LLC)
7
Carson Wealth (CWM LLC)
Nebraska
$15M +$6.28M +127,556 +71%
Bank of America
8
Bank of America
North Carolina
$11M +$1.29M +26,144 +13%
LPL Financial
9
LPL Financial
California
$10.5M -$2.46M -49,953 -19%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$7.81M +$7.37M +149,641 +1,542%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$5.98M -$683K -13,865 -10%
ACM
12
Aviance Capital Management
Florida
$3.79M -$592K -12,034 -13%
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$2.76M +$385K +7,811 +16%
FAAS
14
First Allied Advisory Services
California
$2.39M +$64.1K +1,302 +3%
RJA
15
Raymond James & Associates
Florida
$2.33M -$429K -8,708 -15%
EIA
16
Eldridge Investment Advisors
New Hampshire
$2.02M +$2.03M +41,325 New
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$1.56M +$713K +14,472 +83%
AG
18
Advisor Group
Arizona
$1.53M +$38.8K +789 +3%
CWM
19
Cornerstone Wealth Management
Missouri
$1.37M -$130M -2,638,560 -97%
HFS
20
HL Financial Services
Kentucky
$1.21M +$37.6K +764 +3%
FAIM
21
Financial Advocates Investment Management
Washington
$1.21M +$278K +5,640 +30%
Citadel Advisors
22
Citadel Advisors
Florida
$1.05M -$63.6K -1,292 -6%
SCA
23
Snowden Capital Advisors
New York
$984K -$127K -2,573 -11%
Stifel Financial
24
Stifel Financial
Missouri
$776K +$800K +16,239 New
GWM
25
Geneos Wealth Management
Colorado
$683K +$49.2K +1,000 +8%

FIXD Hedge Fund Activity: Q3 2018 in Review

52 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q3 2018, worth a combined $235M — up 8.3% from $217M a quarter earlier.

Fund positioning in FIXD was balanced in Q3 2018: 8 funds opened new positions, 8 closed out, 25 added to existing stakes and 14 trimmed.

The largest buyer was PHH Investments, opening a new position worth an estimated $45.8M. The largest seller was Cornerstone Wealth Management, cutting an estimated $130M.

  • 52 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q3 2018, unchanged from Q2 2018.
  • Funds reported $235M of First Trust Smith Opportunistic Fixed Income ETF stock for Q3 2018, up 8.3% quarter-over-quarter.
  • 8 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q3 2018 and 8 closed out, a net change of 0 holders.
  • The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q3 2018 was PHH Investments, an estimated $45.8M added.
  • The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $130M sold.

Based on aggregated 13F filings for Q3 2018.