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First Trust Short Duration Managed Municipal ETF
FSMB

109 hedge funds and large institutions have $297M invested in First Trust Short Duration Managed Municipal ETF in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

100% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 13

21% more capital invested

Capital invested by funds: $246M → $297M (+$50.9M)

10% more funds holding

Funds holding: 99 → 109 (+10)

6% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 34

0.86% more ownership

Funds ownership: 71.79% → 72.65% (+0.86%)

Holders
109
Holders Change
+10
Holders Change %
+10.1%
% of All Funds
1.75%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
26
Increased
36
Reduced
34
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$10.9M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$8.12M
3
OAJ
Ogorek Anthony Joseph
New York
+$7.52M
4
RJFSA
Raymond James Financial Services Advisors
Florida
+$4.35M
5
Jane Street
Jane Street
New York
+$4.18M

Top Sellers

1
LWA
LWS Wealth Advisors
New Jersey
-$7.97M
2
SWP
Stratos Wealth Partners
Ohio
-$3.81M
3
KAS
Kestra Advisory Services
Texas
-$3.22M
4
LPL Financial
LPL Financial
California
-$1.82M
5
AFP
Ausdal Financial Partners
Iowa
-$1.47M
Name Holding Trade Value Shares
Change 		Change in
Stake
ARG
26
Advisory Resource Group
Oklahoma
$2.24M -$4.81K -245 -0.2%
CCM
27
Condor Capital Management
New Jersey
$2.09M +$1.1M +55,885 +112%
RJA
28
Raymond James & Associates
Florida
$2.05M +$425K +21,651 +26%
PWP
29
Principle Wealth Partners
Connecticut
$1.96M -$1.05M -53,376 -35%
VBFG
30
Vishria Bird Financial Group
Tennessee
$1.84M +$1.83M +93,255 New
EFL
31
ERn Financial LLC
Wisconsin
$1.75M +$50.5K +2,574 +3%
BFG
32
Barber Financial Group
Kansas
$1.62M -$58.1K -2,961 -3%
MA
33
Mutual Advisors
Nebraska
$1.59M +$89.1K +4,540 +6%
SL
34
SWMG LLC
Texas
$1.58M +$1.58M +80,276 New
FPWM
35
FSB Premier Wealth Management
Iowa
$1.57M -$136K -6,934 -8%
IIL
36
Insight Inv LLC
California
$1.55M +$337K +17,170 +28%
EIA
37
Eldridge Investment Advisors
New Hampshire
$1.48M +$924K +47,085 +168%
SG
38
StoneX Group
New York
$1.47M +$19.6K +1,000 +1%
DADC
39
D.A. Davidson & Co
Montana
$1.39M – – –
EFS
40
Econ Financial Services
Pennsylvania
$1.25M +$1.04M +52,828 +504%
Janney Montgomery Scott
41
Janney Montgomery Scott
Pennsylvania
$1.24M -$1.23M -62,843 -50%
OPS
42
Orion Portfolio Solutions
Nebraska
$1.23M -$67.9K -3,460 -5%
Commonwealth Equity Services
43
Commonwealth Equity Services
Massachusetts
$1.16M -$133K -6,782 -10%
IWC
44
Integrated Wealth Concepts
Massachusetts
$1.02M – – –
AF
45
Allworth Financial
California
$1.02M +$990K +50,436 +3,987%
IWA
46
Inspirion Wealth Advisors
Illinois
$952K – – –
SPC
47
Sigma Planning Corp
Michigan
$884K -$113K -5,742 -11%
TCOO
48
Trust Company of Oklahoma
Oklahoma
$873K +$868K +44,208 New
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$841K +$836K +42,606 New
WCFA
50
Walkner Condon Financial Advisors
Wisconsin
$825K +$564K +28,754 +220%
1
2
3 4 5

FSMB Hedge Fund Activity: Q4 2022 in Review

109 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q4 2022, worth a combined $297M — up 21% from $246M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new FSMB positions and 13 closed out — a net gain of 13 holders — while 36 added to existing stakes and 34 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $10.9M. The largest seller was LWS Wealth Advisors, cutting an estimated $7.97M.

  • 109 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q4 2022, up from 99 in Q3 2022.
  • Funds reported $297M of First Trust Short Duration Managed Municipal ETF stock for Q4 2022, up 21% quarter-over-quarter.
  • 26 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q4 2022 and 13 closed out, a net change of +13 holders.
  • The largest First Trust Short Duration Managed Municipal ETF buyer in Q4 2022 was Morgan Stanley, an estimated $10.9M added.
  • The largest First Trust Short Duration Managed Municipal ETF seller in Q4 2022 was LWS Wealth Advisors, an estimated $7.97M sold.

Based on aggregated 13F filings for Q4 2022.