First Trust Short Duration Managed Municipal ETF
FSMB
58 hedge funds and large institutions have $83.8M invested in First Trust Short Duration Managed Municipal ETF in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 10 reducing their positions, and 4 closing their positions.
210% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 10
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
14% more capital invested
Capital invested by funds: $73.6M → $83.8M (+$10.1M)
9% more funds holding
Funds holding: 53 → 58 (+5)
5.07% less ownership
Funds ownership: 59.7% → 54.63% (-5.1%)
Top Buyers
Top Sellers
| 1 |
IC
Inscription Capital
Houston,
Texas
|
-$4.61M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.84M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.28M |
| 4 |
Jane Street
New York
|
-$1.1M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$468K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
51
Jacobi Capital Management
Pittston,
Pennsylvania
| $157K | +$419 | +20 | +0.3% |
|
|
TCWM
52
Total Clarity Wealth Management
St. Charles,
Illinois
| $157K | +$157K | +7,500 | New |
|
|
LFG
53
Larson Financial Group
St Louis,
Missouri
| $147K | +$3.67K | +175 | +3% |
|
|
CIAS
54
Capital Investment Advisory Services
Raleigh,
North Carolina
| $83K | – | – | – |
|
|
WWMSC
55
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $79K | +$293 | +14 | +0.4% |
|
|
VRM
56
Vectors Research Management
New York
| $78K | +$817 | +39 | +1% |
|
|
CFGS
57
Concourse Financial Group Securities
Birmingham,
Alabama
| $4K | – | – | – |
|
|
IC
58
Inscription Capital
Houston,
Texas
| – | -$4.61M | -220,258 | Closed |
|
|
59
Jane Street
New York
| – | -$1.1M | -52,724 | Closed |
|
|
CBFP
60
Cedar Brook Financial Partners
Cleveland,
Ohio
| – | -$369K | -17,659 | Closed |
|
61
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$220K | -10,544 | Closed |
|
FSMB Hedge Fund Activity: Q3 2021 in Review
58 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q3 2021, worth a combined $83.8M — up 14% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FSMB positions and 4 closed out — a net gain of 6 holders — while 31 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $5.4M. The largest seller was Inscription Capital, exiting entirely with an estimated $4.61M sold.
- 58 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q3 2021, up from 53 in Q2 2021.
- Funds reported $83.8M of First Trust Short Duration Managed Municipal ETF stock for Q3 2021, up 14% quarter-over-quarter.
- 10 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q3 2021 and 4 closed out, a net change of +6 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q3 2021 was Morgan Stanley, an estimated $5.4M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q3 2021 was Inscription Capital, an estimated $4.61M sold.
Based on aggregated 13F filings for Q3 2021.