First Trust Short Duration Managed Municipal ETF
FSMB
31 hedge funds and large institutions have $27.5M invested in First Trust Short Duration Managed Municipal ETF in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
34% more capital invested
Capital invested by funds: $20.5M → $27.5M (+$6.99M)
29% more funds holding
Funds holding: 24 → 31 (+7)
3.29% more ownership
Funds ownership: 53.81% → 57.11% (+3.3%)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FEG
26
Financial Enhancement Group
Anderson,
Indiana
| $191K | – | – | – |
|
|
PAG
27
Private Advisor Group
Morristown,
New Jersey
| $93K | +$91.7K | +4,529 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $50K | +$49K | +2,417 | New |
|
|
CIAS
29
Capital Investment Advisory Services
Raleigh,
North Carolina
| $21K | – | – | – |
|
30
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $20K | – | – | – |
|
|
CFGS
31
Concourse Financial Group Securities
Birmingham,
Alabama
| $4K | – | – | – |
|
|
AI
32
Atria Investments
Charlotte,
North Carolina
| – | -$809K | -40,225 | Closed |
|
33
MML Investors Services
Springfield,
Massachusetts
| – | -$553K | -27,534 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$21K | -1,038 | Closed |
|
35
Wells Fargo
San Francisco,
California
| – | -$20 | -1 | Closed |
|
FSMB Hedge Fund Activity: Q2 2020 in Review
31 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q2 2020, worth a combined $27.5M — up 34% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSMB positions and 4 closed out — a net gain of 7 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was LexAurum Advisors, opening a new position worth an estimated $2.46M. The largest seller was Atria Investments, exiting entirely with an estimated $809K sold.
- 31 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q2 2020, up from 24 in Q1 2020.
- Funds reported $27.5M of First Trust Short Duration Managed Municipal ETF stock for Q2 2020, up 34% quarter-over-quarter.
- 11 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q2 2020 and 4 closed out, a net change of +7 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q2 2020 was LexAurum Advisors, an estimated $2.46M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q2 2020 was Atria Investments, an estimated $809K sold.
Based on aggregated 13F filings for Q2 2020.