First Trust SMID Capital Strength ETF
FSCS
27 hedge funds and large institutions have $47.6M invested in First Trust SMID Capital Strength ETF in 2026 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 6 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
6% more capital invested
Capital invested by funds: $45M → $47.6M (+$2.67M)
3.52% more ownership
Funds ownership: 77.39% → 80.91% (+3.5%)
13% less funds holding
Funds holding: 31 → 27 (-4)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$996K |
| 2 |
EH
Equitable Holdings
New York
|
+$380K |
| 3 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$253K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$185K |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$61.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$311K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$253K |
| 3 |
LPL Financial
San Diego,
California
|
-$244K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$229K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$96K |
FSCS Hedge Fund Activity: Q2 2026 in Review
27 of the 8,334 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Capital Strength ETF (FSCS) for Q2 2026, worth a combined $47.6M — up 5.9% from $45M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FSCS and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 11 added.
The largest buyer was NewEdge Advisors, adding an estimated $996K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $311K sold.
- 27 institutional investors held First Trust SMID Capital Strength ETF (FSCS) as of Q2 2026, down from 31 in Q1 2026.
- Funds reported $47.6M of First Trust SMID Capital Strength ETF stock for Q2 2026, up 5.9% quarter-over-quarter.
- 3 funds opened new First Trust SMID Capital Strength ETF positions in Q2 2026 and 6 closed out, a net change of -3 holders.
- The largest First Trust SMID Capital Strength ETF buyer in Q2 2026 was NewEdge Advisors, an estimated $996K added.
- The largest First Trust SMID Capital Strength ETF seller in Q2 2026 was Envestnet Asset Management, an estimated $311K sold.
Based on aggregated 13F filings for Q2 2026.