First Trust Smith Opportunistic Fixed Income ETF
FIXD
65 hedge funds and large institutions have $244M invested in First Trust Smith Opportunistic Fixed Income ETF in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more funds holding
Funds holding: 51 → 65 (+14)
4% more capital invested
Capital invested by funds: $234M → $244M (+$10M)
6.46% less ownership
Funds ownership: 72.38% → 65.92% (-6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$6.32M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$5.5M |
| 3 |
Goldman Sachs
New York
|
+$3.25M |
| 4 |
EIA
Eldridge Investment Advisors
Manchester,
New Hampshire
|
+$2.84M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.45M |
| 2 |
Morgan Stanley
New York
|
-$4.57M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.54M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.23M |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$2.25M |
FIXD Hedge Fund Activity: Q4 2018 in Review
65 of the 4,505 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 $244M — up 4.3% from $234M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FIXD positions and 6 closed out — a net gain of 14 holders — while 26 added to existing stakes and 15 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 51 in Q3 2018.
- Funds reported $244M of First Trust Smith Opportunistic Fixed Income ETF stock for Q4 2018, up 4.3% quarter-over-quarter.
- 20 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q4 2018 and 6 closed out, a net change of +14 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.