First Trust Short Duration Managed Municipal ETF
FSMB
24 hedge funds and large institutions have $20.5M invested in First Trust Short Duration Managed Municipal ETF in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
107% more capital invested
Capital invested by funds: $9.93M → $20.5M (+$10.6M)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
33% more funds holding
Funds holding: 18 → 24 (+6)
11.61% more ownership
Funds ownership: 42.21% → 53.81% (+12%)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$208K | -10,164 | Closed |
|
|
TCWM
27
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$194K | -9,500 | Closed |
|
28
Wells Fargo
San Francisco,
California
| – | -$20 | -1 | -50% |
|
FSMB Hedge Fund Activity: Q1 2020 in Review
24 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q1 2020, worth a combined $20.5M — up 107% from $9.93M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FSMB positions and 4 closed out — a net gain of 9 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $3.33M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $2.44M sold.
- 24 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q1 2020, up from 18 in Q4 2019.
- Funds reported $20.5M of First Trust Short Duration Managed Municipal ETF stock for Q1 2020, up 107% quarter-over-quarter.
- 13 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q1 2020 and 4 closed out, a net change of +9 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q1 2020 was LPL Financial, an estimated $3.33M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q1 2020 was Flow Traders U.S., an estimated $2.44M sold.
Based on aggregated 13F filings for Q1 2020.