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First Trust Smith Opportunistic Fixed Income ETF

132 hedge funds and large institutions have $843M invested in First Trust Smith Opportunistic Fixed Income ETF in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 73 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

483% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 6

421% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 14

41% more capital invested

Capital invested by funds: $599M → $843M (+$245M)

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

25% more funds holding

Funds holding: 106132 (+26)

2.33% more ownership

Funds ownership: 66.08%68.41% (+2.3%)

Holders
132
Holders Change
+26
Holders Change %
+24.53%
% of All Funds
2.6%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.16%
New
35
Increased
73
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$121M +$27.9M +531,940 +29%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$52.8M +$14.6M +279,569 +38%
PI
3
PHH Investments
Texas
$51.9M +$865K +16,519 +2%
LI
4
LVZ Inc
Michigan
$40.3M +$2.01M +38,428 +5%
LPL Financial
5
LPL Financial
California
$39.4M +$12M +229,373 +43%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$33.9M +$2.9M +55,401 +9%
Wells Fargo
7
Wells Fargo
California
$32.7M +$21.4M +408,151 +184%
UBS Group
8
UBS Group
Switzerland
$32.4M +$12.2M +233,400 +60%
Bank of America
9
Bank of America
North Carolina
$28.3M -$5.21M -99,421 -15%
AFA
10
American Financial Advisors
Georgia
$23.4M +$632K +12,072 +3%
HI
11
Horizon Investments
North Carolina
$20.7M -$964K -18,396 -4%
BWL
12
Bogart Wealth LLC
Virginia
$20.6M +$20.7M +394,608 +18,872%
BCI
13
Brinker Capital Investments
Pennsylvania
$19.7M
EIA
14
Eldridge Investment Advisors
New Hampshire
$15.4M +$679K +12,957 +5%
PI
15
PFS Investments
Georgia
$14.3M +$113K +2,157 +0.8%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$13.6M +$2.78M +53,100 +25%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$13.4M +$8.32M +158,896 +151%
Carson Wealth (CWM LLC)
18
Carson Wealth (CWM LLC)
Nebraska
$13M
SCM
19
Seascape Capital Management
New Hampshire
$12.9M +$13M +249,050 New
First Trust Advisors
20
First Trust Advisors
Illinois
$12.8M +$7.33M +139,962 +131%
AG
21
Advisor Group
Arizona
$12.6M +$3.86M +73,664 +44%
RJA
22
Raymond James & Associates
Florida
$12M +$7.74M +147,840 +175%
SPIA
23
Steward Partners Investment Advisory
New York
$9.77M +$9.79M +186,911 +11,867%
AI
24
Atria Investments
North Carolina
$9.34M +$8.22M +156,990 +677%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$9.26M +$3.56M +67,958 +61%

FIXD Hedge Fund Activity: Q4 2019 in Review

132 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q4 2019, worth a combined $843M — up 41% from $599M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FIXD positions and 6 closed out — a net gain of 29 holders — while 73 added to existing stakes and 14 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $27.9M. The largest seller was Bank of America, cutting an estimated $5.21M.

  • 132 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q4 2019, up from 106 in Q3 2019.
  • Funds reported $843M of First Trust Smith Opportunistic Fixed Income ETF stock for Q4 2019, up 41% quarter-over-quarter.
  • 35 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q4 2019 and 6 closed out, a net change of +29 holders.
  • The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q4 2019 was Morgan Stanley, an estimated $27.9M added.
  • The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q4 2019 was Bank of America, an estimated $5.21M sold.

Based on aggregated 13F filings for Q4 2019.