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First Trust Smith Opportunistic Fixed Income ETF

81 hedge funds and large institutions have $414M invested in First Trust Smith Opportunistic Fixed Income ETF in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 11 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

291% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 11

67% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 12

19% more capital invested

Capital invested by funds: $347M → $414M (+$67.2M)

8% more funds holding

Funds holding: 7581 (+6)

1.11% more ownership

Funds ownership: 67.41%68.52% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

Holders
81
Holders Change
+6
Holders Change %
+8%
% of All Funds
1.76%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
20
Increased
43
Reduced
11
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$54.8M +$14.8M +291,587 +38%
PI
2
PHH Investments
Texas
$50M +$1.09M +21,454 +2%
LI
3
LVZ Inc
Michigan
$36.3M +$70.7K +1,389 +0.2%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$26.8M +$2.65M +52,178 +11%
Bank of America
5
Bank of America
North Carolina
$24.1M +$291K +5,716 +1%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$23.4M +$7M +137,625 +44%
AFA
7
American Financial Advisors
Georgia
$19.8M +$2.08M +40,911 +12%
BCI
8
Brinker Capital Investments
Pennsylvania
$19.7M
LPL Financial
9
LPL Financial
California
$18.4M +$7.75M +152,265 +75%
UBS Group
10
UBS Group
Switzerland
$15.1M +$13.2M +260,044 +838%
Carson Wealth (CWM LLC)
11
Carson Wealth (CWM LLC)
Nebraska
$13M
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$11.7M +$11.3M +221,825 +5,480%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$10.4M +$317K +6,238 +3%
EIA
14
Eldridge Investment Advisors
New Hampshire
$9.8M +$749K +14,718 +8%
BCP
15
Blackhawk Capital Partners
Wisconsin
$8.27M +$8.13M +159,753 New
QA
16
Quantitative Advantage
Minnesota
$6.57M +$417K +8,194 +7%
BFG
17
Barber Financial Group
Kansas
$4.55M +$4.47M +87,906 New
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$4.45M +$155K +3,045 +4%
Stifel Financial
19
Stifel Financial
Missouri
$4.42M +$2.5M +49,096 +134%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$3.85M +$280K +5,507 +8%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$3.66M +$17K +334 +0.5%
FAIM
22
Financial Advocates Investment Management
Washington
$3.61M +$2.11M +41,409 +147%
BTS
23
BB&T Securities
Virginia
$3.17M +$710K +13,948 +30%
RJA
24
Raymond James & Associates
Florida
$2.71M +$89.1K +1,751 +3%
WA
25
WESPAC Advisors
California
$2.45M +$2.4M +47,275 New

FIXD Hedge Fund Activity: Q2 2019 in Review

81 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q2 2019, worth a combined $414M — up 19% from $347M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FIXD positions and 12 closed out — a net gain of 8 holders — while 43 added to existing stakes and 11 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $14.8M. The largest seller was Citadel Advisors, cutting an estimated $18.9M.

  • 81 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q2 2019, up from 75 in Q1 2019.
  • Funds reported $414M of First Trust Smith Opportunistic Fixed Income ETF stock for Q2 2019, up 19% quarter-over-quarter.
  • 20 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q2 2019 and 12 closed out, a net change of +8 holders.
  • The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q2 2019 was Morgan Stanley, an estimated $14.8M added.
  • The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q2 2019 was Citadel Advisors, an estimated $18.9M sold.

Based on aggregated 13F filings for Q2 2019.