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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
PFS
76
Prospera Financial Services
Texas
$2.76M -$143K -2,806 -5%
SPA
77
Sentinel Pension Advisors
Massachusetts
$2.76M +$24.1K +472 +0.9%
GSWM
78
Golden State Wealth Management
California
$2.63M +$1.02K +20 +0%
AFG
79
ABLE Financial Group
Arizona
$2.56M +$131K +2,569 +5%
GWP
80
Gateway Wealth Partners
Wisconsin
$2.52M +$99K +1,937 +4%
PVI
81
Pine Valley Investments
New Jersey
$2.49M -$146K -2,866 -6%
WA
82
Waverly Advisors
Alabama
$2.41M -$402K -7,868 -14%
Citadel Advisors
83
Citadel Advisors
Florida
$2.15M +$1.26M +24,579 +141%
Creative Planning
84
Creative Planning
Kansas
$2.13M -$566K -11,064 -21%
WWM
85
Western Wealth Management
Colorado
$2.05M -$56.7K -1,110 -3%
Baird Financial Group
86
Baird Financial Group
Wisconsin
$2.04M +$378K +7,403 +23%
SPIA
87
Steward Partners Investment Advisory
New York
$2.03M +$297K +5,810 +17%
SW
88
SteelPeak Wealth
California
$2.02M -$42.8K -838 -2%
KFGK
89
Keystone Financial Group (Kentucky)
Kentucky
$1.94M -$102K -1,991 -5%
WFS
90
Weitzel Financial Services
Iowa
$1.93M +$31K +606 +2%
PS
91
Principal Securities
Iowa
$1.88M +$281K +5,505 +18%
HCA
92
Heck Capital Advisors
Wisconsin
$1.88M -$121K -2,366 -6%
ATPW
93
Ashton Thomas Private Wealth
Arizona
$1.87M +$916K +17,929 +96%
Envestnet Portfolio Solutions
94
Envestnet Portfolio Solutions
Illinois
$1.83M +$276K +5,402 +18%
HWM
95
HFG Wealth Management
Texas
$1.81M -$506K -9,907 -22%
DADC
96
D.A. Davidson & Co
Montana
$1.8M -$680K -13,297 -27%
DAS
97
Dynamic Advisor Solutions
Arizona
$1.7M +$18.6K +363 +1%
AFP
98
Ausdal Financial Partners
Iowa
$1.7M +$5.37K +105 +0.3%
SPC
99
Sigma Planning Corp
Michigan
$1.65M -$143K -2,795 -8%
FF
100
Friday Financial
Iowa
$1.61M +$846K +16,555 +111%