First Trust Managed Municipal ETF
301 hedge funds and large institutions have $1.54B invested in First Trust Managed Municipal ETF in 2024 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 126 increasing their positions, 113 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
12% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 113
1% more funds holding
Funds holding: 297 → 301 (+4)
3% more capital invested
Capital invested by funds: $1.5B → $1.54B (+$47M)
0.18% more ownership
Funds ownership: 75.93% → 76.11% (+0.18%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
Top Sellers
FMB Hedge Fund Activity: Q3 2024 in Review
301 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q3 2024, worth a combined $1.54B — up 3.1% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FMB positions and 21 closed out — a net gain of 9 holders — while 126 added to existing stakes and 113 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14M. The largest seller was Sequoia Financial Advisors, cutting an estimated $34.6M.
- 301 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q3 2024, up from 297 in Q2 2024.
- Funds reported $1.54B of First Trust Managed Municipal ETF stock for Q3 2024, up 3.1% quarter-over-quarter.
- 30 funds opened new First Trust Managed Municipal ETF positions in Q3 2024 and 21 closed out, a net change of +9 holders.
- The largest First Trust Managed Municipal ETF buyer in Q3 2024 was Morgan Stanley, an estimated $14M added.
- The largest First Trust Managed Municipal ETF seller in Q3 2024 was Sequoia Financial Advisors, an estimated $34.6M sold.
Based on aggregated 13F filings for Q3 2024.