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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
Northwestern Mutual Wealth Management
26
Northwestern Mutual Wealth Management
Wisconsin
$10.8M +$295K +5,765 +3%
Jane Street
27
Jane Street
New York
$10.2M +$7.84M +153,443 +330%
Citigroup
28
Citigroup
New York
$9.59M +$354K +6,920 +4%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$9.52M -$656K -12,840 -6%
M
30
MOTCO
Texas
$9.47M +$173K +3,385 +2%
Jones Financial Companies
31
Jones Financial Companies
Missouri
$9.15M +$2.53M +49,492 +38%
EFL
32
ERn Financial LLC
Wisconsin
$8.12M +$473K +9,246 +6%
SFA
33
Sequoia Financial Advisors
Ohio
$7.94M -$395K -7,737 -5%
HAG
34
HighPoint Advisor Group
Illinois
$7.68M +$7.68M +150,169 New
Thrivent Financial for Lutherans
35
Thrivent Financial for Lutherans
Minnesota
$7.54M +$1.1M +21,540 +17%
KAS
36
Kestra Advisory Services
Texas
$7.4M -$716K -14,003 -9%
JSW
37
Journey Strategic Wealth
New Jersey
$7.21M +$251K +4,918 +4%
CAMG
38
CWA Asset Management Group
Florida
$6.84M -$2.34M -45,786 -25%
Carson Wealth (CWM LLC)
39
Carson Wealth (CWM LLC)
Nebraska
$6.75M +$257K +5,021 +4%
FHC
40
First Heartland Consultants
Missouri
$6.66M +$709K +13,878 +12%
BWM
41
BCGM Wealth Management
Indiana
$6.23M -$128K -2,511 -2%
FM
42
Foster & Motley
Ohio
$5.57M +$1.4M +27,297 +33%
MML Investors Services
43
MML Investors Services
Massachusetts
$5.43M +$1.52M +29,827 +39%
SA
44
Sanctuary Advisors
Indiana
$5.3M -$69.9K -1,368 -1%
PAG
45
Private Advisor Group
New Jersey
$5.24M -$283K -5,529 -5%
BMWS
46
Brady Martz Wealth Solutions
North Dakota
$5.13M -$544K -10,648 -10%
SF
47
Summit Financial
New Jersey
$5.08M +$72.7K +1,422 +1%
LSPW
48
Lake Street Private Wealth
Illinois
$4.61M -$86.9K -1,700 -2%
Comerica Bank
49
Comerica Bank
Texas
$4.58M -$792K -15,498 -15%
MOS
50
MGO One Seven
Ohio
$4.42M -$84.2K -1,647 -2%