First Trust SMID Capital Strength ETF
FSCS
12 hedge funds and large institutions have $1.9M invested in First Trust SMID Capital Strength ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
8.8% less ownership
Funds ownership: 25.96% → 17.16% (-8.8%)
20% less funds holding
Funds holding: 15 → 12 (-3)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
52% less capital invested
Capital invested by funds: $3.96M → $1.9M (-$2.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$294K |
| 2 |
LPL Financial
San Diego,
California
|
+$51.6K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.9K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.45K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.49K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$469K |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$455K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$306K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$230K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$49.9K |
FSCS Hedge Fund Activity: Q1 2020 in Review
12 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Capital Strength ETF (FSCS) for Q1 2020, worth a combined $1.9M — down 52% from $3.96M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FSCS and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Financial Advocates Investment Management, opening a new position worth an estimated $294K. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $469K sold.
- 12 institutional investors held First Trust SMID Capital Strength ETF (FSCS) as of Q1 2020, down from 15 in Q4 2019.
- Funds reported $1.9M of First Trust SMID Capital Strength ETF stock for Q1 2020, down 52% quarter-over-quarter.
- 3 funds opened new First Trust SMID Capital Strength ETF positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest First Trust SMID Capital Strength ETF buyer in Q1 2020 was Financial Advocates Investment Management, an estimated $294K added.
- The largest First Trust SMID Capital Strength ETF seller in Q1 2020 was Mariner Independent Advisor Network, an estimated $469K sold.
Based on aggregated 13F filings for Q1 2020.