First Trust Managed Municipal ETF
33 hedge funds and large institutions have $44.8M invested in First Trust Managed Municipal ETF in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
22% more funds holding
Funds holding: 27 → 33 (+6)
2% more capital invested
Capital invested by funds: $43.9M → $44.8M (+$942K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.38M |
| 2 |
Morgan Stanley
New York
|
+$1.28M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$473K |
| 4 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
+$444K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$403K |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.58M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.97M |
| 3 |
Jane Street
New York
|
-$1.45M |
| 4 |
WC
Whitnell & Co
Oak Brook,
Illinois
|
-$545K |
| 5 |
LPL Financial
San Diego,
California
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFS
26
HL Financial Services
Louisville,
Kentucky
| $229K | +$230K | +4,246 | New |
|
|
IH
27
IFC Holdings
Tampa,
Florida
| $228K | -$285K | -5,272 | -55% |
|
|
CP
28
Camelot Portfolios
Maumee,
Ohio
| $218K | +$6K | +111 | +3% |
|
|
CCA
29
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| $208K | +$209K | +3,861 | New |
|
30
Envestnet Asset Management
Chicago,
Illinois
| $161K | +$1.35K | +25 | +0.8% |
|
31
UBS Group
Zurich,
Switzerland
| $71K | +$71.1K | +1,315 | New |
|
|
CTC
32
Central Trust Company
Jefferson City,
Missouri
| $22K | +$21.6K | +400 | New |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $21K | -$757 | -14 | -3% |
|
|
WC
34
Whitnell & Co
Oak Brook,
Illinois
| – | -$545K | -10,100 | Closed |
|
35
Bank of New York Mellon
New York
| – | -$206K | -3,827 | Closed |
|
FMB Hedge Fund Activity: Q3 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q3 2016, worth a combined $44.8M — up 2.1% from $43.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FMB positions and 2 closed out — a net gain of 6 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $2.38M. The largest seller was Bank of America, cutting an estimated $4.58M.
- 33 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q3 2016, up from 27 in Q2 2016.
- Funds reported $44.8M of First Trust Managed Municipal ETF stock for Q3 2016, up 2.1% quarter-over-quarter.
- 8 funds opened new First Trust Managed Municipal ETF positions in Q3 2016 and 2 closed out, a net change of +6 holders.
- The largest First Trust Managed Municipal ETF buyer in Q3 2016 was Citadel Advisors, an estimated $2.38M added.
- The largest First Trust Managed Municipal ETF seller in Q3 2016 was Bank of America, an estimated $4.58M sold.
Based on aggregated 13F filings for Q3 2016.