FT Vest US Equity Buffer ETF May
FMAY
124 hedge funds and large institutions have $224M invested in FT Vest US Equity Buffer ETF May in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 54 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
6% more funds holding
Funds holding: 117 → 124 (+7)
0.38% less ownership
Funds ownership: 21.72% → 21.34% (-0.38%)
2% less capital invested
Capital invested by funds: $229M → $224M (-$5.15M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
65% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.82M |
| 2 |
Rockefeller Capital Management
New York
|
+$2.26M |
| 3 |
AssetMark Inc
Concord,
California
|
+$1.74M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.18M |
| 5 |
IA
Integrity Alliance
Urbandale,
Iowa
|
+$923K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWS
Keystone Wealth Services
Palm Desert,
California
|
-$9.29M |
| 2 |
LWMI
Legacy Wealth Management (Idaho)
Boise,
Idaho
|
-$3.67M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$2.98M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.45M |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$958K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SB
126
Strategic Blueprint
Atlanta,
Georgia
| – | -$958K | -18,341 | Closed |
|
|
MC
127
McCarthy & Cox
Marysville,
Ohio
| – | -$814K | -15,584 | Closed |
|
|
OMC
128
Old Mission Capital
Chicago,
Illinois
| – | -$674K | -12,905 | Closed |
|
|
GS
129
GTS Securities
New York
| – | -$382K | -7,304 | Closed |
|
130
Goldman Sachs
New York
| – | -$203K | -3,886 | Closed |
|
|
MW
131
MBL Wealth
Charlotte,
North Carolina
| – | -$202K | -3,861 | Closed |
|
|
WW
132
Winnow Wealth
Waco,
Texas
| – | -$14.7K | -277 | Closed |
|
FMAY Hedge Fund Activity: Q4 2025 in Review
124 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Equity Buffer ETF May (FMAY) for Q4 2025, worth a combined $224M — down 2.2% from $229M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FMAY positions and 8 closed out — a net gain of 10 holders — while 19 added to existing stakes and 54 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $2.82M. The largest seller was Keystone Wealth Services, exiting entirely with an estimated $9.29M sold.
- 124 institutional investors held FT Vest US Equity Buffer ETF May (FMAY) as of Q4 2025, up from 117 in Q3 2025.
- Funds reported $224M of FT Vest US Equity Buffer ETF May stock for Q4 2025, down 2.2% quarter-over-quarter.
- 18 funds opened new FT Vest US Equity Buffer ETF May positions in Q4 2025 and 8 closed out, a net change of +10 holders.
- The largest FT Vest US Equity Buffer ETF May buyer in Q4 2025 was Cetera Investment Advisers, an estimated $2.82M added.
- The largest FT Vest US Equity Buffer ETF May seller in Q4 2025 was Keystone Wealth Services, an estimated $9.29M sold.
Based on aggregated 13F filings for Q4 2025.