We are live on ! Find out more
FMB icon

First Trust Managed Municipal ETF
FMB

64 hedge funds and large institutions have $150M invested in First Trust Managed Municipal ETF in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 26 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 4

225% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 8

47% more capital invested

Capital invested by funds: $102M → $150M (+$47.6M)

45% more funds holding

Funds holding: 44 → 64 (+20)

15.66% more ownership

Funds ownership: 53.25% → 68.91% (+16%)

Holders
64
Holders Change
+20
Holders Change %
+45.45%
% of All Funds
1.45%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
24
Increased
26
Reduced
8
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$11.1M
2
Bank of America
Bank of America
North Carolina
+$5.34M
3
LPT
Legacy Private Trust
Wisconsin
+$3.83M
4
RJFSA
Raymond James Financial Services Advisors
Florida
+$3.55M
5
UBS Group
UBS Group
Switzerland
+$2.84M

Top Sellers

Rank Fund Capital Flow
1
IH
IFC Holdings
Florida
-$4.11M
2
ACM
Aviance Capital Management
Florida
-$896K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$676K
4
Goldman Sachs
Goldman Sachs
New York
-$357K
5
CP
Camelot Portfolios
Ohio
-$227K
Name Holding Trade Value Shares
Change 		Change in
Stake
CA
51
Cetera Advisors
Colorado
$206K +$206K +3,870 New
SWP
52
Stratos Wealth Partners
Ohio
$131K +$131K +2,446 New
PMFA
53
Plante Moran Financial Advisors
Michigan
$89K – – –
IWM
54
IHT Wealth Management
Illinois
$67K +$66.7K +1,250 New
Envestnet Asset Management
55
Envestnet Asset Management
Illinois
$63K +$8K +150 +15%
BFEC
56
Benjamin F. Edwards & Company
Missouri
$61K +$32.2K +603 +113%
SPIA
57
Steward Partners Investment Advisory
New York
$57K +$45.4K +850 +385%
GWM
58
Geneos Wealth Management
Colorado
$56K +$29.3K +550 +110%
MA
59
MUFG Americas
New York
$48K -$58.7K -1,100 -55%
CB
60
CNB Bank
Pennsylvania
$48K +$48K +900 New
SBL
61
Sargent Bickham Lagudis
Colorado
$23K – – –
WEC
62
Winslow Evans & Crocker
Massachusetts
$9.9K +$9.92K +186 New
FHA
63
First Horizon Advisors
Tennessee
$6K +$6.4K +120 New
Citigroup
64
Citigroup
New York
$1K +$587 +11 New
IH
65
IFC Holdings
Florida
– -$4.11M -77,280 Closed
Susquehanna International Group
66
Susquehanna International Group
Pennsylvania
– -$676K -12,695 Closed
CP
67
Camelot Portfolios
Ohio
– -$227K -4,260 Closed
IWA
68
Intercontinental Wealth Advisors
Texas
– -$222K -4,170 Closed
1 2
3

FMB Hedge Fund Activity: Q4 2017 in Review

64 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q4 2017, worth a combined $150M — up 47% from $102M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FMB positions and 4 closed out — a net gain of 20 holders — while 26 added to existing stakes and 8 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $11.1M. The largest seller was IFC Holdings, exiting entirely with an estimated $4.11M sold.

  • 64 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q4 2017, up from 44 in Q3 2017.
  • Funds reported $150M of First Trust Managed Municipal ETF stock for Q4 2017, up 47% quarter-over-quarter.
  • 24 funds opened new First Trust Managed Municipal ETF positions in Q4 2017 and 4 closed out, a net change of +20 holders.
  • The largest First Trust Managed Municipal ETF buyer in Q4 2017 was Morgan Stanley, an estimated $11.1M added.
  • The largest First Trust Managed Municipal ETF seller in Q4 2017 was IFC Holdings, an estimated $4.11M sold.

Based on aggregated 13F filings for Q4 2017.