We are live on ! Find out more
FMB icon

First Trust Managed Municipal ETF

306 hedge funds and large institutions have $1.5B invested in First Trust Managed Municipal ETF in 2025 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 107 increasing their positions, 117 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

142% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 19

9% more funds holding

Funds holding: 281306 (+25)

2.15% more ownership

Funds ownership: 75.34%77.49% (+2.2%)

5% more capital invested

Capital invested by funds: $1.43B → $1.5B (+$69.4M)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 117

Holders
306
Holders Change
+25
Holders Change %
+8.9%
% of All Funds
3.72%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
46
Increased
107
Reduced
117
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCAG
226
Rehmann Capital Advisory Group
Michigan
$354K +$31.1K +609 +10%
SPI
227
Sutton Place Investors
New York
$350K -$39.3K -768 -10%
Mercer Global Advisors
228
Mercer Global Advisors
Colorado
$335K -$14.1K -276 -4%
BFG
229
Beacon Financial Group
Texas
$330K
HAS
230
HBW Advisory Services
California
$319K -$14.2K -278 -4%
CFC
231
Coyle Financial Counsel
Illinois
$317K +$9.05K +177 +3%
KA
232
Kovack Advisors
Florida
$317K +$2.2K +43 +0.7%
AWA
233
Alta Wealth Advisors
Massachusetts
$312K -$50K -978 -14%
BC
234
Bowman & Company
Wisconsin
$310K -$15K -294 -5%
CAM
235
Cozad Asset Management
Illinois
$310K -$199K -3,900 -39%
SWM
236
SeaCrest Wealth Management
New York
$304K -$50.7K -992 -14%
VA
237
VestGen Advisors
Illinois
$303K -$348K -6,807 -53%
PMFA
238
Plante Moran Financial Advisors
Michigan
$303K
SG
239
StoneX Group
New York
$287K +$20.4K +400 +8%
RIA
240
Regal Investment Advisors
Michigan
$285K -$46.9K -918 -14%
BPA
241
Beacon Pointe Advisors
California
$278K -$17.4K -340 -6%
CWA
242
Crusonia Wealth Advisors
Colorado
$276K +$276K +5,391 New
ST
243
Smithfield Trust
Pennsylvania
$274K +$273K +5,350 New
WAG
244
Wheelhouse Advisory Group
Missouri
$265K -$53.2K -1,040 -17%
IWA
245
Icon Wealth Advisors
Texas
$264K +$2.25K +44 +0.9%
CG
246
CFO4Life Group
Texas
$250K +$27K +529 +12%
Financial Engines Advisors
247
Financial Engines Advisors
California
$249K
OL
248
Owen LaRue
Kentucky
$248K +$2.1K +41 +0.9%
AC
249
Avestar Capital
New York
$248K +$248K +4,849 New
CCG
250
Catalina Capital Group
California
$242K +$1.18K +23 +0.5%