FT Vest US Equity Buffer ETF May
FMAY
76 hedge funds and large institutions have $179M invested in FT Vest US Equity Buffer ETF May in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 32 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% less funds holding
Funds holding: 77 → 76 (-1)
3.11% less ownership
Funds ownership: 54.29% → 51.18% (-3.1%)
6% less capital invested
Capital invested by funds: $191M → $179M (-$11.6M)
69% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$27.6M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$3.79M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$2.54M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.15M |
| 5 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$35.9M |
| 2 |
BCM
Beck Capital Management
Austin,
Texas
|
-$3.01M |
| 3 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$2.83M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$2.52M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.52M |
FMAY Hedge Fund Activity: Q1 2023 in Review
76 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Equity Buffer ETF May (FMAY) for Q1 2023, worth a combined $179M — down 6.1% from $191M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FMAY positions and 10 closed out — a net gain of 1 holder — while 10 added to existing stakes and 32 trimmed.
The largest buyer was L.J. Altfest & Co, opening a new position worth an estimated $27.6M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $35.9M.
- 76 institutional investors held FT Vest US Equity Buffer ETF May (FMAY) as of Q1 2023, down from 77 in Q4 2022.
- Funds reported $179M of FT Vest US Equity Buffer ETF May stock for Q1 2023, down 6.1% quarter-over-quarter.
- 11 funds opened new FT Vest US Equity Buffer ETF May positions in Q1 2023 and 10 closed out, a net change of +1 holder.
- The largest FT Vest US Equity Buffer ETF May buyer in Q1 2023 was L.J. Altfest & Co, an estimated $27.6M added.
- The largest FT Vest US Equity Buffer ETF May seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $35.9M sold.
Based on aggregated 13F filings for Q1 2023.