First Trust SMID Capital Strength ETF
FSCS
29 hedge funds and large institutions have $41.9M invested in First Trust SMID Capital Strength ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 2 reducing their positions, and 4 closing their positions.
750% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 2
13% more capital invested
Capital invested by funds: $37.1M → $41.9M (+$4.81M)
0.55% more ownership
Funds ownership: 75.07% → 75.62% (+0.55%)
9% less funds holding
Funds holding: 32 → 29 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.48M |
| 2 |
EH
Equitable Holdings
New York
|
+$489K |
| 3 |
PI
PFG Investments
Woodbury,
New York
|
+$369K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$366K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.26M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$693K |
| 3 |
GWSG
GPS Wealth Strategies Group
Centennial,
Colorado
|
-$40.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$33.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.04K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $9.48K | – | – | – |
|
|
GSWM
27
Golden State Wealth Management
Santa Ana,
California
| $1.9K | +$36 | +1 | +2% |
|
28
Morgan Stanley
New York
| $113 | +$36 | +1 | +50% |
|
29
Wells Fargo
San Francisco,
California
| $30 | – | – | – |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$1.26M | -34,341 | Closed |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$693K | -18,887 | Closed |
|
|
GWSG
32
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$40.3K | -1,100 | Closed |
|
|
33
UBS Group
Zurich,
Switzerland
| – | -$7.04K | -192 | Closed |
|
FSCS Hedge Fund Activity: Q4 2025 in Review
29 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Capital Strength ETF (FSCS) for Q4 2025, worth a combined $41.9M — up 13% from $37.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FSCS and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 17 added.
The largest buyer was LPL Financial, adding an estimated $6.48M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.26M sold.
- 29 institutional investors held First Trust SMID Capital Strength ETF (FSCS) as of Q4 2025, down from 32 in Q3 2025.
- Funds reported $41.9M of First Trust SMID Capital Strength ETF stock for Q4 2025, up 13% quarter-over-quarter.
- 2 funds opened new First Trust SMID Capital Strength ETF positions in Q4 2025 and 4 closed out, a net change of -2 holders.
- The largest First Trust SMID Capital Strength ETF buyer in Q4 2025 was LPL Financial, an estimated $6.48M added.
- The largest First Trust SMID Capital Strength ETF seller in Q4 2025 was Citadel Advisors, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2025.