First Trust Managed Municipal ETF
FMB
FMB
293 hedge funds and large institutions have $1.5B invested in First Trust Managed Municipal ETF in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 139 increasing their positions, 92 reducing their positions, and 21 closing their positions.
New
Increased
Maintained
Reduced
Closed
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more capital invested
Capital invested by funds: $ → $
more ownership
Funds ownership: →
less first-time investments, than exits
New positions opened: | Existing positions closed:
4% less funds holding
Funds holding: 306 → 293 (-13)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Holders
293
Holding in Top 10
1
Calls
–
Puts
–
Top Buyers
| 1 | +$20.3M | |
| 2 | +$12M | |
| 3 | +$11.4M | |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$8.52M |
| 5 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$6.96M |
Top Sellers
| 1 | -$46.7M | |
| 2 | -$12.7M | |
| 3 | -$5.56M | |
| 4 |
FFG
Frisch Financial Group
Melville,
New York
|
-$3.92M |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$2.94M |