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First Trust Managed Municipal ETF
FMB

294 hedge funds and large institutions have $1.7B invested in First Trust Managed Municipal ETF in 2022 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 130 increasing their positions, 103 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 103

3.63% more ownership

Funds ownership: 67.69% → 71.32% (+3.6%)

4% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 28

1% more capital invested

Capital invested by funds: $1.68B → $1.7B (+$22.1M)

0% more funds holding in top 10

Funds holding in top 10: 19 → 19 (0)

1% less funds holding

Funds holding: 296 → 294 (-2)

Holders
294
Holders Change
-2
Holders Change %
-0.68%
% of All Funds
4.64%
Holding in Top 10
19
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.3%
New
29
Increased
130
Reduced
103
Closed
28
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
APP
Avantax Planning Partners
Iowa
+$40.3M
2
SFA
Sequoia Financial Advisors
Ohio
+$26.2M
3
Jane Street
Jane Street
New York
+$23.4M
4
UBS Group
UBS Group
Switzerland
+$15.4M
5
FTUS
Flow Traders U.S.
New York
+$9.13M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$24M
2
LPL Financial
LPL Financial
California
-$9.61M
3
CAN
Cetera Advisor Networks
California
-$4.34M
4
FHC
First Heartland Consultants
Missouri
-$4.05M
5
HighTower Advisors
HighTower Advisors
Illinois
-$3.88M
Name Holding Trade Value Shares
Change 		Change in
Stake
CTB
76
Country Trust Bank
Illinois
$3.27M +$570K +10,361 +20%
WWM
77
Western Wealth Management
Colorado
$3.26M +$1.66M +30,164 +96%
SW
78
SteelPeak Wealth
California
$3.24M -$79.8K -1,450 -2%
CCFM
79
Clear Creek Financial Management
Washington
$3.23M -$2.7K -49 -0.1%
AC
80
Avestar Capital
New York
$3.16M -$844K -15,327 -20%
SWA
81
Stratos Wealth Advisors
Ohio
$3.15M -$242K -4,392 -7%
MA
82
Mutual Advisors
Nebraska
$3.11M -$1.08M -19,583 -25%
VWA
83
Visionary Wealth Advisors
Illinois
$3.06M +$2.96M +53,772 +1,415%
TWP
84
Tower Wealth Partners
Pennsylvania
$3.03M -$21.7K -394 -0.7%
MAP
85
Milestone Advisory Partners
North Carolina
$2.93M – – –
DADC
86
D.A. Davidson & Co
Montana
$2.92M -$37K -672 -1%
AWA
87
Alta Wealth Advisors
Massachusetts
$2.8M +$254K +4,608 +10%
RCAG
88
Rehmann Capital Advisory Group
Michigan
$2.76M +$502K +9,126 +21%
TNBTD
89
Trustmark National Bank Trust Department
Mississippi
$2.63M -$646K -11,734 -19%
WEPOG
90
Wealth Enhancement & Preservation of GA
Georgia
$2.63M +$491K +8,913 +22%
PPWM
91
Paragon Private Wealth Management
Kentucky
$2.62M +$49.7K +903 +2%
WFG
92
Wills Financial Group
Virginia
$2.58M -$28.6K -520 -1%
C
93
CEDRUS
Colorado
$2.52M +$724K +13,160 +38%
SCA
94
Snowden Capital Advisors
New York
$2.5M +$43.8K +796 +2%
WFS
95
Weitzel Financial Services
Iowa
$2.48M +$164K +2,982 +7%
SWM
96
Scissortail Wealth Management
Oklahoma
$2.42M +$1.19M +21,662 +85%
Citadel Advisors
97
Citadel Advisors
Florida
$2.27M +$2.35M +42,727 New
CCMG
98
Clark Capital Management Group
Pennsylvania
$2.26M +$199K +3,618 +9%
MAM
99
Meeder Asset Management
Ohio
$2.22M +$1.1M +20,044 +92%
Koshinski Asset Management
100
Koshinski Asset Management
Illinois
$2.21M +$2.3M +41,718 New
2 3
4
5 6

FMB Hedge Fund Activity: Q1 2022 in Review

294 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q1 2022, worth a combined $1.7B — up 1.3% from $1.68B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FMB positions and 28 closed out — a net gain of 1 holder — while 130 added to existing stakes and 103 trimmed.

The largest buyer was Avantax Planning Partners, adding an estimated $40.3M. The largest seller was Morgan Stanley, cutting an estimated $24M.

  • 294 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q1 2022, down from 296 in Q4 2021.
  • Funds reported $1.7B of First Trust Managed Municipal ETF stock for Q1 2022, up 1.3% quarter-over-quarter.
  • 29 funds opened new First Trust Managed Municipal ETF positions in Q1 2022 and 28 closed out, a net change of +1 holder.
  • The largest First Trust Managed Municipal ETF buyer in Q1 2022 was Avantax Planning Partners, an estimated $40.3M added.
  • The largest First Trust Managed Municipal ETF seller in Q1 2022 was Morgan Stanley, an estimated $24M sold.

Based on aggregated 13F filings for Q1 2022.