We are live on ! Find out more
FMB icon

First Trust Managed Municipal ETF
FMB

197 hedge funds and large institutions have $984M invested in First Trust Managed Municipal ETF in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 103 increasing their positions, 47 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 47

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

14% more capital invested

Capital invested by funds: $866M → $984M (+$118M)

10% more funds holding in top 10

Funds holding in top 10: 10 → 11 (+1)

3% more funds holding

Funds holding: 192 → 197 (+5)

1.51% more ownership

Funds ownership: 62.94% → 64.45% (+1.5%)

Holders
197
Holders Change
+5
Holders Change %
+2.6%
% of All Funds
4.04%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.23%
New
22
Increased
103
Reduced
47
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$18.9M
2
Wells Fargo
Wells Fargo
California
+$18.5M
3
Bank of America
Bank of America
North Carolina
+$17.5M
4
VBFG
Vishria Bird Financial Group
Tennessee
+$9.64M
5
LPL Financial
LPL Financial
California
+$4.85M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$20.7M
2
AWA
ARQ Wealth Advisors
Arizona
-$3.71M
3
TFS
Thoroughbred Financial Services
Tennessee
-$2.03M
4
BRC
BHF RG Capital
Arizona
-$1.18M
5
MHR
Matthew Hamilton Rosenberg
-$1.07M
Name Holding Trade Value Shares
Change 		Change in
Stake
BFM
201
Boothbay Fund Management
New York
– -$673K -12,455 Closed
PCM
202
Prelude Capital Management
New York
– -$673K -12,455 Closed
ASN
203
Advisory Services Network
Georgia
– -$483K -8,935 Closed
APW
204
Aurora Private Wealth
New Jersey
– -$372K -6,873 Closed
AIS
205
Accurate Investment Solutions
Pennsylvania
– -$339K -6,264 Closed
GSWM
206
Golden State Wealth Management
California
– -$240K -4,436 Closed
GTAM
207
Global Trust Asset Management
Florida
– -$217K -4,000 Closed
SF
208
Synovus Financial
Georgia
– -$184K -3,390 Closed
MWM
209
MBE Wealth Management
Wisconsin
– -$80K -1,489 Closed
DWM
210
Darwin Wealth Management
Florida
– -$27K -512 Closed
CFD
211
Creative Financial Designs
Indiana
– -$9K -163 Closed
WQ
212
Wealth Quarterback
New Jersey
– -$6.81K -126 Closed
5 6 7 8
9

FMB Hedge Fund Activity: Q2 2020 in Review

197 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q2 2020, worth a combined $984M — up 14% from $866M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new FMB positions and 16 closed out — a net gain of 6 holders — while 103 added to existing stakes and 47 trimmed.

The largest buyer was Qube Research & Technologies (QRT), adding an estimated $18.9M. The largest seller was Jane Street, cutting an estimated $20.7M.

  • 197 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q2 2020, up from 192 in Q1 2020.
  • Funds reported $984M of First Trust Managed Municipal ETF stock for Q2 2020, up 14% quarter-over-quarter.
  • 22 funds opened new First Trust Managed Municipal ETF positions in Q2 2020 and 16 closed out, a net change of +6 holders.
  • The largest First Trust Managed Municipal ETF buyer in Q2 2020 was Qube Research & Technologies (QRT), an estimated $18.9M added.
  • The largest First Trust Managed Municipal ETF seller in Q2 2020 was Jane Street, an estimated $20.7M sold.

Based on aggregated 13F filings for Q2 2020.