First Trust Managed Municipal ETF
288 hedge funds and large institutions have $1.35B invested in First Trust Managed Municipal ETF in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 85 increasing their positions, 156 reducing their positions, and 32 closing their positions.
2% less funds holding
Funds holding: 294 → 288 (-6)
2.61% less ownership
Funds ownership: 71.25% → 68.64% (-2.6%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
21% less capital invested
Capital invested by funds: $1.7B → $1.35B (-$358M)
46% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$10.9M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$6.8M |
| 3 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
+$4.86M |
| 4 |
FPIS
Financial Planning & Information Services
De Pere,
Wisconsin
|
+$4.61M |
| 5 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$41.1M |
| 2 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$26.2M |
| 3 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
-$24.2M |
| 4 |
Morgan Stanley
New York
|
-$22M |
| 5 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$17.7M |
FMB Hedge Fund Activity: Q2 2022 in Review
288 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Municipal ETF (FMB) for Q2 2022, worth a combined $1.35B — down 21% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FMB and 27 opened new positions — a net loss of 5 holders — while 156 trimmed existing stakes and 85 added.
The largest buyer was Truist Financial, adding an estimated $10.9M. The largest seller was UBS Group, cutting an estimated $41.1M.
- 288 institutional investors held First Trust Managed Municipal ETF (FMB) as of Q2 2022, down from 294 in Q1 2022.
- Funds reported $1.35B of First Trust Managed Municipal ETF stock for Q2 2022, down 21% quarter-over-quarter.
- 27 funds opened new First Trust Managed Municipal ETF positions in Q2 2022 and 32 closed out, a net change of -5 holders.
- The largest First Trust Managed Municipal ETF buyer in Q2 2022 was Truist Financial, an estimated $10.9M added.
- The largest First Trust Managed Municipal ETF seller in Q2 2022 was UBS Group, an estimated $41.1M sold.
Based on aggregated 13F filings for Q2 2022.