First Trust Smith Opportunistic Fixed Income ETF
FIXD
308 hedge funds and large institutions have $3.18B invested in First Trust Smith Opportunistic Fixed Income ETF in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 152 increasing their positions, 91 reducing their positions, and 28 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 91
61% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 28
24% more capital invested
Capital invested by funds: $2.56B → $3.18B (+$612M)
14% more funds holding in top 10
Funds holding in top 10: 36 → 41 (+5)
4% more funds holding
Funds holding: 297 → 308 (+11)
1.77% more ownership
Funds ownership: 84.76% → 86.54% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$84.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$40.7M |
| 3 |
ACG
Allen Capital Group
Grand Island,
Nebraska
|
+$38.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$35M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$39.9M |
| 2 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$18.7M |
| 3 |
CASC
Coppell Advisory Solutions Corp
Coppell,
Texas
|
-$18.7M |
| 4 |
KIG
Kowal Investment Group
Brookfield,
Wisconsin
|
-$11.3M |
| 5 |
DI
DDFG Inc
Thousand Oaks,
California
|
-$9.42M |
FIXD Hedge Fund Activity: Q1 2023 in Review
308 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q1 2023, worth a combined $3.18B — up 24% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FIXD positions and 28 closed out — a net gain of 17 holders — while 152 added to existing stakes and 91 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $84.9M. The largest seller was Advance Capital Management, cutting an estimated $39.9M.
- 308 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q1 2023, up from 297 in Q4 2022.
- Funds reported $3.18B of First Trust Smith Opportunistic Fixed Income ETF stock for Q1 2023, up 24% quarter-over-quarter.
- 45 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q1 2023 and 28 closed out, a net change of +17 holders.
- The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q1 2023 was Morgan Stanley, an estimated $84.9M added.
- The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q1 2023 was Advance Capital Management, an estimated $39.9M sold.
Based on aggregated 13F filings for Q1 2023.