We are live on ! Find out more
FMB icon

First Trust Managed Municipal ETF
FMB

296 hedge funds and large institutions have $1.68B invested in First Trust Managed Municipal ETF in 2021 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 128 increasing their positions, 68 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

482% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 11

88% more repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 68

19% more funds holding

Funds holding: 249 → 296 (+47)

12% more funds holding in top 10

Funds holding in top 10: 17 → 19 (+2)

12% more capital invested

Capital invested by funds: $1.51B → $1.68B (+$174M)

3.91% more ownership

Funds ownership: 63.78% → 67.69% (+3.9%)

Holders
296
Holders Change
+47
Holders Change %
+18.88%
% of All Funds
4.56%
Holding in Top 10
19
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+11.76%
% of All Funds
0.29%
New
64
Increased
128
Reduced
68
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
+$18.6M
2
MMA
Miracle Mile Advisors
California
+$17M
3
Wells Fargo
Wells Fargo
California
+$12.7M
4
LPL Financial
LPL Financial
California
+$8.99M
5
Osaic Holdings
Osaic Holdings
Arizona
+$6.31M

Top Sellers

Rank Fund Capital Flow
1
AWA
ARQ Wealth Advisors
Arizona
-$8.37M
2
Jane Street
Jane Street
New York
-$6.99M
3
HW
Hedeker Wealth
Illinois
-$5.86M
4
HI
Harbour Investments
Wisconsin
-$4.11M
5
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
-$4.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
MAP
76
Milestone Advisory Partners
North Carolina
$3.15M – – –
CTB
77
Country Trust Bank
Illinois
$2.92M -$174K -3,060 -6%
PPWM
78
Paragon Private Wealth Management
Kentucky
$2.83M +$2.82M +49,694 New
WFG
79
Wills Financial Group
Virginia
$2.81M +$315K +5,540 +13%
LI
80
LVZ Inc
Michigan
$2.8M +$92K +1,619 +3%
AWA
81
Alta Wealth Advisors
Massachusetts
$2.74M +$1.15M +20,255 +73%
Mariner
82
Mariner
Kansas
$2.74M +$2.73M +48,089 New
NA
83
NewEdge Advisors
Louisiana
$2.73M +$1.26M +22,203 +86%
GIA
84
Gladstone Institutional Advisory
Florida
$2.67M -$273K -4,802 -9%
SCA
85
Snowden Capital Advisors
New York
$2.64M -$197K -3,460 -7%
RWA
86
Redhawk Wealth Advisors
Minnesota
$2.64M -$157K -2,770 -6%
FPOC
87
Financial Planners of Cleveland
Ohio
$2.63M +$2.64M +46,491 New
HI
88
Harbour Investments
Wisconsin
$2.62M -$4.11M -72,439 -61%
SPI
89
Sutton Place Investors
New York
$2.54M +$2.53M +44,492 New
FHA
90
Flagship Harbor Advisors
Massachusetts
$2.5M +$639K +11,250 +34%
WFS
91
Weitzel Financial Services
Iowa
$2.5M +$227K +3,998 +10%
3LCM
92
3D/L Capital Management
Connecticut
$2.44M -$101K -1,783 -4%
RCAG
93
Rehmann Capital Advisory Group
Michigan
$2.42M -$412K -7,257 -15%
SFP
94
Strategic Financial Partners
Oregon
$2.35M +$82.5K +1,453 +4%
WEPOG
95
Wealth Enhancement & Preservation of GA
Georgia
$2.32M +$244K +4,302 +12%
LSPW
96
Lake Street Private Wealth
Illinois
$2.28M +$181K +3,185 +9%
CCMG
97
Clark Capital Management Group
Pennsylvania
$2.22M +$191K +3,365 +9%
AI
98
Atria Investments
North Carolina
$2.17M +$193K +3,390 +10%
GWA
99
GGM Wealth Advisors
Maryland
$2.15M +$1.38M +24,218 +175%
HCA
100
Heck Capital Advisors
Wisconsin
$2.15M -$54.6K -961 -2%
2 3
4
5 6

FMB Hedge Fund Activity: Q4 2021 in Review

296 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q4 2021, worth a combined $1.68B — up 12% from $1.51B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new FMB positions and 11 closed out — a net gain of 53 holders — while 128 added to existing stakes and 68 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $18.6M. The largest seller was ARQ Wealth Advisors, exiting entirely with an estimated $8.37M sold.

  • 296 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q4 2021, up from 249 in Q3 2021.
  • Funds reported $1.68B of First Trust Managed Municipal ETF stock for Q4 2021, up 12% quarter-over-quarter.
  • 64 funds opened new First Trust Managed Municipal ETF positions in Q4 2021 and 11 closed out, a net change of +53 holders.
  • The largest First Trust Managed Municipal ETF buyer in Q4 2021 was HighTower Advisors, an estimated $18.6M added.
  • The largest First Trust Managed Municipal ETF seller in Q4 2021 was ARQ Wealth Advisors, an estimated $8.37M sold.

Based on aggregated 13F filings for Q4 2021.