First Trust SMID Capital Strength ETF
FSCS
32 hedge funds and large institutions have $37.1M invested in First Trust SMID Capital Strength ETF in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 2 reducing their positions, and 2 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 2
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $32.1M → $37.1M (+$5.04M)
14% more funds holding
Funds holding: 28 → 32 (+4)
2.43% less ownership
Funds ownership: 77.5% → 75.07% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.69M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.26M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$570K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$284K |
| 5 |
EH
Equitable Holdings
New York
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$905K |
| 2 |
AA
Armis Advisers
Atlanta,
Georgia
|
-$426K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$21.4K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$5.3K |
FSCS Hedge Fund Activity: Q3 2025 in Review
32 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Capital Strength ETF (FSCS) for Q3 2025, worth a combined $37.1M — up 16% from $32.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FSCS positions and 2 closed out — a net gain of 4 holders — while 14 added to existing stakes and 2 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $2.69M. The largest seller was Susquehanna International Group, cutting an estimated $905K.
- 32 institutional investors held First Trust SMID Capital Strength ETF (FSCS) as of Q3 2025, up from 28 in Q2 2025.
- Funds reported $37.1M of First Trust SMID Capital Strength ETF stock for Q3 2025, up 16% quarter-over-quarter.
- 6 funds opened new First Trust SMID Capital Strength ETF positions in Q3 2025 and 2 closed out, a net change of +4 holders.
- The largest First Trust SMID Capital Strength ETF buyer in Q3 2025 was Cambridge Investment Research Advisors, an estimated $2.69M added.
- The largest First Trust SMID Capital Strength ETF seller in Q3 2025 was Susquehanna International Group, an estimated $905K sold.
Based on aggregated 13F filings for Q3 2025.