First Trust Managed Municipal ETF
295 hedge funds and large institutions have $1.71B invested in First Trust Managed Municipal ETF in 2022 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 130 increasing their positions, 103 reducing their positions, and 28 closing their positions.
155% more capital inflows, than outflows
Capital inflows: $240M | Capital outflows: $94.3M
26% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 103
3.6% more ownership
Funds ownership: 67.76% → 71.36% (+3.6%)
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
0% less funds holding
Funds holding: 296 → 295 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Avantax Planning Partners
Dubuque,
Iowa
|
+$40.3M |
| 2 |
Sequoia Financial Advisors
Akron,
Ohio
|
+$26.2M |
| 3 |
Jane Street
New York
|
+$23.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$15.4M |
| 5 |
Flow Traders U.S.
New York
|
+$9.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24M |
| 2 |
LPL Financial
San Diego,
California
|
-$9.6M |
| 3 |
Cetera Advisor Networks
El Segundo,
California
|
-$4.34M |
| 4 |
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$4.05M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$3.88M |
FMB Hedge Fund Activity: Q1 2022 in Review
295 of the 6,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q1 2022, worth a combined $1.71B — up 0.84% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FMB positions and 28 closed out — a net gain of 2 holders — 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.
- 295 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q1 2022, down from 296 in Q4 2021.
- Funds reported $1.71B of First Trust Managed Municipal ETF stock for Q1 2022, up 0.84% quarter-over-quarter.
- 30 funds opened new First Trust Managed Municipal ETF positions in Q1 2022 and 28 closed out, a net change of +2 holders.
- 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.