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First Trust Smith Opportunistic Fixed Income ETF

65 hedge funds and large institutions have $243M invested in First Trust Smith Opportunistic Fixed Income ETF in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

217% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 6

63% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 16

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

25% more funds holding

Funds holding: 5265 (+13)

3% more capital invested

Capital invested by funds: $235M → $243M (+$8.09M)

7.52% less ownership

Funds ownership: 73.44%65.92% (-7.5%)

Holders
65
Holders Change
+13
Holders Change %
+25%
% of All Funds
1.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
19
Increased
26
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PI
1
PHH Investments
Texas
$46.1M +$232K +4,747 +0.5%
Morgan Stanley
2
Morgan Stanley
New York
$27M -$4.57M -93,790 -15%
Carson Wealth (CWM LLC)
3
Carson Wealth (CWM LLC)
Nebraska
$21.5M +$6.32M +129,541 +42%
LI
4
LVZ Inc
Michigan
$20.3M -$256K -5,258 -1%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$19.3M +$2.2M +45,131 +13%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$19.3M -$3.23M -66,238 -14%
BCI
7
Brinker Capital Investments
Pennsylvania
$18.7M -$776K -15,912 -4%
LPL Financial
8
LPL Financial
California
$9.48M -$1.11M -22,757 -11%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$8.73M +$2.68M +54,936 +45%
Bank of America
10
Bank of America
North Carolina
$7.53M -$3.54M -72,526 -32%
QA
11
Quantitative Advantage
Minnesota
$5.57M +$5.5M +112,826 New
EIA
12
Eldridge Investment Advisors
New Hampshire
$4.91M +$2.84M +58,261 +141%
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$3.5M +$701K +14,374 +25%
Goldman Sachs
14
Goldman Sachs
New York
$3.29M +$3.25M +66,651 New
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$2.6M +$1.02M +20,899 +65%
RJA
16
Raymond James & Associates
Florida
$2.49M +$140K +2,869 +6%
FAAS
17
First Allied Advisory Services
California
$2.29M -$108K -2,220 -5%
RCG
18
Ruggie Capital Group
Florida
$1.74M +$1.42M +29,142 +479%
AG
19
Advisor Group
Arizona
$1.57M +$32.9K +675 +2%
ACM
20
Aviance Capital Management
Florida
$1.54M -$2.25M -46,105 -60%
Stifel Financial
21
Stifel Financial
Missouri
$1.5M +$711K +14,578 +90%
FAIM
22
Financial Advocates Investment Management
Washington
$1.34M +$117K +2,406 +10%
W
23
WealthOne
New York
$1.31M +$1.3M +26,652 New
HFS
24
HL Financial Services
Kentucky
$1.03M -$189K -3,874 -16%
CWM
25
Cornerstone Wealth Management
Missouri
$997K -$2.42M -49,538 -71%

FIXD Hedge Fund Activity: Q4 2018 in Review

65 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q4 2018, worth a combined $243M — up 3.4% from $235M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FIXD positions and 6 closed out — a net gain of 13 holders — while 26 added to existing stakes and 16 trimmed.

The largest buyer was Carson Wealth (CWM LLC), adding an estimated $6.32M. The largest seller was Susquehanna International Group, cutting an estimated $7.45M.

  • 65 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q4 2018, up from 52 in Q3 2018.
  • Funds reported $243M of First Trust Smith Opportunistic Fixed Income ETF stock for Q4 2018, up 3.4% quarter-over-quarter.
  • 19 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q4 2018 and 6 closed out, a net change of +13 holders.
  • The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q4 2018 was Carson Wealth (CWM LLC), an estimated $6.32M added.
  • The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q4 2018 was Susquehanna International Group, an estimated $7.45M sold.

Based on aggregated 13F filings for Q4 2018.