FT Vest US Equity Buffer ETF May
FMAY
85 hedge funds and large institutions have $160M invested in FT Vest US Equity Buffer ETF May in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 50 reducing their positions, and 13 closing their positions.
7% less funds holding
Funds holding: 91 → 85 (-6)
11.06% less ownership
Funds ownership: 40.67% → 29.61% (-11%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less capital invested
Capital invested by funds: $227M → $160M (-$66.3M)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
74% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWA
FOCUS Wealth Advisors
Houston,
Texas
|
+$3.19M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.46M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.13M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.11M |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$29.9M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$24.9M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$11.7M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$5.73M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.84M |
FMAY Hedge Fund Activity: Q1 2024 in Review
85 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Equity Buffer ETF May (FMAY) for Q1 2024, worth a combined $160M — down 29% from $227M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FMAY and 7 opened new positions — a net loss of 6 holders — while 50 trimmed existing stakes and 13 added.
The largest buyer was FOCUS Wealth Advisors, adding an estimated $3.19M. The largest seller was Freedom Investment Management, exiting entirely with an estimated $29.9M sold.
- 85 institutional investors held FT Vest US Equity Buffer ETF May (FMAY) as of Q1 2024, down from 91 in Q4 2023.
- Funds reported $160M of FT Vest US Equity Buffer ETF May stock for Q1 2024, down 29% quarter-over-quarter.
- 7 funds opened new FT Vest US Equity Buffer ETF May positions in Q1 2024 and 13 closed out, a net change of -6 holders.
- The largest FT Vest US Equity Buffer ETF May buyer in Q1 2024 was FOCUS Wealth Advisors, an estimated $3.19M added.
- The largest FT Vest US Equity Buffer ETF May seller in Q1 2024 was Freedom Investment Management, an estimated $29.9M sold.
Based on aggregated 13F filings for Q1 2024.