First Trust Managed Municipal ETF
14 hedge funds and large institutions have $16.2M invested in First Trust Managed Municipal ETF in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
56% more funds holding
Funds holding: 9 → 14 (+5)
4% more capital invested
Capital invested by funds: $15.6M → $16.2M (+$624K)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.06M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.17M |
| 3 |
LPL Financial
San Diego,
California
|
+$306K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$212K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.11M |
| 2 |
Jane Street
New York
|
-$633K |
| 3 |
Citigroup
New York
|
-$74.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$56K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.65K |
FMB Hedge Fund Activity: Q2 2015 in Review
14 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q2 2015, worth a combined $16.2M — up 4% from $15.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FMB positions and 1 closed out — a net gain of 5 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $4.06M. The largest seller was Bank of America, cutting an estimated $4.11M.
- 14 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q2 2015, up from 9 in Q1 2015.
- Funds reported $16.2M of First Trust Managed Municipal ETF stock for Q2 2015, up 4% quarter-over-quarter.
- 6 funds opened new First Trust Managed Municipal ETF positions in Q2 2015 and 1 closed out, a net change of +5 holders.
- The largest First Trust Managed Municipal ETF buyer in Q2 2015 was Susquehanna International Group, an estimated $4.06M added.
- The largest First Trust Managed Municipal ETF seller in Q2 2015 was Bank of America, an estimated $4.11M sold.
Based on aggregated 13F filings for Q2 2015.