First Trust SMID Capital Strength ETF
FSCS
31 hedge funds and large institutions have $45M invested in First Trust SMID Capital Strength ETF in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
7% more capital invested
Capital invested by funds: $41.9M → $45M (+$3.04M)
7% more funds holding
Funds holding: 29 → 31 (+2)
1.77% more ownership
Funds ownership: 75.62% → 77.39% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$937K |
| 3 |
LPL Financial
San Diego,
California
|
+$423K |
| 4 |
EH
Equitable Holdings
New York
|
+$307K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPWM
FSB Premier Wealth Management
Waterloo,
Iowa
|
-$16.4K |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$12.6K |
| 3 |
MAS
MPWM Advisory Solutions
Alpharetta,
Georgia
|
-$10.1K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$9.48K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$732 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | -$732 | -20 | -6% |
|
27
AssetMark Inc
Concord,
California
| $2.22K | +$2.3K | +63 | New |
|
|
GSWM
28
Golden State Wealth Management
Santa Ana,
California
| $1.87K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $1.27K | +$1.32K | +36 | New |
|
30
Morgan Stanley
New York
| $90 | -$37 | -1 | -33% |
|
31
Wells Fargo
San Francisco,
California
| $40 | – | – | – |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| – | -$9.48K | -265 | Closed |
|
FSCS Hedge Fund Activity: Q1 2026 in Review
31 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Capital Strength ETF (FSCS) for Q1 2026, worth a combined $45M — up 7.3% from $41.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FSCS positions and 1 closed out — a net gain of 3 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was NewEdge Advisors, adding an estimated $1.59M. The largest seller was FSB Premier Wealth Management, cutting an estimated $16.4K.
- 31 institutional investors held First Trust SMID Capital Strength ETF (FSCS) as of Q1 2026, up from 29 in Q4 2025.
- Funds reported $45M of First Trust SMID Capital Strength ETF stock for Q1 2026, up 7.3% quarter-over-quarter.
- 4 funds opened new First Trust SMID Capital Strength ETF positions in Q1 2026 and 1 closed out, a net change of +3 holders.
- The largest First Trust SMID Capital Strength ETF buyer in Q1 2026 was NewEdge Advisors, an estimated $1.59M added.
- The largest First Trust SMID Capital Strength ETF seller in Q1 2026 was FSB Premier Wealth Management, an estimated $16.4K sold.
Based on aggregated 13F filings for Q1 2026.