First Trust Municipal High Income ETF
FMHI
65 hedge funds and large institutions have $96.2M invested in First Trust Municipal High Income ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
114% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 14
31% more capital invested
Capital invested by funds: $73.6M → $96.2M (+$22.6M)
20% more funds holding
Funds holding: 54 → 65 (+11)
5.8% more ownership
Funds ownership: 63.03% → 68.83% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSC
G&S Capital
Denver,
Colorado
|
+$2.98M |
| 2 |
Morgan Stanley
New York
|
+$2.87M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.73M |
| 4 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$2.26M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$928K |
| 2 |
Jane Street
New York
|
-$925K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$849K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$639K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$388K |
FMHI Hedge Fund Activity: Q4 2020 in Review
65 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Municipal High Income ETF (FMHI) for Q4 2020, worth a combined $96.2M — up 31% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FMHI positions and 3 closed out — a net gain of 12 holders — while 30 added to existing stakes and 14 trimmed.
The largest buyer was G&S Capital, adding an estimated $2.98M. The largest seller was Osaic Holdings, cutting an estimated $928K.
- 65 institutional investors held First Trust Municipal High Income ETF (FMHI) as of Q4 2020, up from 54 in Q3 2020.
- Funds reported $96.2M of First Trust Municipal High Income ETF stock for Q4 2020, up 31% quarter-over-quarter.
- 15 funds opened new First Trust Municipal High Income ETF positions in Q4 2020 and 3 closed out, a net change of +12 holders.
- The largest First Trust Municipal High Income ETF buyer in Q4 2020 was G&S Capital, an estimated $2.98M added.
- The largest First Trust Municipal High Income ETF seller in Q4 2020 was Osaic Holdings, an estimated $928K sold.
Based on aggregated 13F filings for Q4 2020.