First Trust Smith Opportunistic Fixed Income ETF
FIXD
321 hedge funds and large institutions have $3.78B invested in First Trust Smith Opportunistic Fixed Income ETF in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 153 increasing their positions, 121 reducing their positions, and 30 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 121
1% more capital invested
Capital invested by funds: $3.73B → $3.78B (+$46.8M)
0% more funds holding in top 10
Funds holding in top 10: 42 → 42 (0)
1.61% less ownership
Funds ownership: 87.13% → 85.52% (-1.6%)
4% less funds holding
Funds holding: 333 → 321 (-12)
20% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$60.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$50.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$41.3M |
| 4 |
Bank of New York Mellon
New York
|
+$41.1M |
| 5 |
Morgan Stanley
New York
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
-$50.4M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$48.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$25.7M |
| 4 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$8.83M |
| 5 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$7.55M |
FIXD Hedge Fund Activity: Q3 2023 in Review
321 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Opportunistic Fixed Income ETF (FIXD) for Q3 2023, worth a combined $3.78B — up 1.3% from $3.73B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FIXD and 24 opened new positions — a net loss of 6 holders — while 121 trimmed existing stakes and 153 added.
The largest buyer was LPL Financial, adding an estimated $60.4M. The largest seller was Hantz Financial Services, cutting an estimated $50.4M.
- 321 institutional investors held First Trust Smith Opportunistic Fixed Income ETF (FIXD) as of Q3 2023, down from 333 in Q2 2023.
- Funds reported $3.78B of First Trust Smith Opportunistic Fixed Income ETF stock for Q3 2023, up 1.3% quarter-over-quarter.
- 24 funds opened new First Trust Smith Opportunistic Fixed Income ETF positions in Q3 2023 and 30 closed out, a net change of -6 holders.
- The largest First Trust Smith Opportunistic Fixed Income ETF buyer in Q3 2023 was LPL Financial, an estimated $60.4M added.
- The largest First Trust Smith Opportunistic Fixed Income ETF seller in Q3 2023 was Hantz Financial Services, an estimated $50.4M sold.
Based on aggregated 13F filings for Q3 2023.