First Trust Smith Opportunistic Fixed Income ETF
FIXD
297 hedge funds and large institutions have $2.56B invested in First Trust Smith Opportunistic Fixed Income ETF in 2022 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 98 increasing their positions, 139 reducing their positions, and 29 closing their positions.
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
5.25% more ownership
Funds ownership: 79.52% → 84.76% (+5.2%)
4% more funds holding
Funds holding: 285 → 297 (+12)
3% more funds holding in top 10
Funds holding in top 10: 35 → 36 (+1)
5% less capital invested
Capital invested by funds: $2.69B → $2.56B (-$124M)
29% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 139
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
GDS Wealth Management
Flower Mound,
Texas
|
+$28.2M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$19.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.7M |
| 4 |
SWMG
Sanchez Wealth Management Group
Jacksonville,
Florida
|
+$15.3M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$179M |
| 2 |
Morgan Stanley
New York
|
-$32.8M |
| 3 |
ACG
Allen Capital Group
Grand Island,
Nebraska
|
-$26M |
| 4 |
KIG
Kowal Investment Group
Brookfield,
Wisconsin
|
-$25.2M |
| 5 |
LPL Financial
San Diego,
California
|
-$24.9M |
FIXD Hedge Fund Activity: Q4 2022 in Review
297 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q4 2022, worth a combined $2.56B — down 4.6% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FIXD positions and 29 closed out — a net gain of 15 holders — while 98 added to existing stakes and 139 trimmed.
The largest buyer was GDS Wealth Management, adding an estimated $28.2M. The largest seller was Advance Capital Management, cutting an estimated $179M.
- 297 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q4 2022, up from 285 in Q3 2022.
- Funds reported $2.56B of First Trust Smith Opportunistic Fixed Income ETF stock for Q4 2022, down 4.6% quarter-over-quarter.
- 44 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q4 2022 and 29 closed out, a net change of +15 holders.
- The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q4 2022 was GDS Wealth Management, an estimated $28.2M added.
- The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q4 2022 was Advance Capital Management, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2022.