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First Trust Short Duration Managed Municipal ETF

109 hedge funds and large institutions have $322M invested in First Trust Short Duration Managed Municipal ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

31% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 32

3% more funds holding

Funds holding: 106109 (+3)

2.45% more ownership

Funds ownership: 72.68%75.13% (+2.5%)

3% more capital invested

Capital invested by funds: $312M → $322M (+$9.61M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $478K

Holders
109
Holders Change
+3
Holders Change %
+2.83%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
17
Increased
42
Reduced
32
Closed
12
Calls
Puts
$478K
Net Calls
-$478K
Net Calls Change
-$478K
Name Holding Trade Value Shares
Change
Change in
Stake
PCIA
51
Prime Capital Investment Advisors
Kansas
$801K +$803K +40,598 New
Janney Montgomery Scott
52
Janney Montgomery Scott
Pennsylvania
$789K -$158K -7,980 -17%
AWA
53
Alta Wealth Advisors
Massachusetts
$787K -$34.9K -1,762 -4%
KPWS
54
Kestra Private Wealth Services
Texas
$771K +$54.2K +2,737 +8%
FTUS
55
Flow Traders U.S.
New York
$762K +$764K +38,595 New
OAM
56
Occidental Asset Management
California
$742K +$366K +18,490 +97%
OPOWM
57
One Plus One Wealth Management
Florida
$732K +$356K +17,991 +94%
FAIM
58
Financial Advocates Investment Management
Washington
$720K +$132K +6,667 +22%
ACMA
59
Arbor Capital Management (Alaska)
Alaska
$710K +$27.7K +1,401 +4%
DFA
60
DHJJ Financial Advisors
Illinois
$685K +$20.5K +1,035 +3%
ATPW
61
Ashton Thomas Private Wealth
Arizona
$669K
SPC
62
Sigma Planning Corp
Michigan
$651K +$24.7K +1,249 +4%
TCOO
63
Trust Company of Oklahoma
Oklahoma
$623K
SPI
64
Sutton Place Investors
New York
$614K
NW
65
Naviter Wealth
Arkansas
$612K +$614K +31,027 New
IFG
66
Independent Financial Group
California
$611K +$17.6K +889 +3%
SFS
67
Security Financial Services
Indiana
$609K -$1.64K -83 -0.3%
RA
68
RFG Advisory
Alabama
$562K +$182K +9,182 +48%
MML Investors Services
69
MML Investors Services
Massachusetts
$552K +$554K +27,981 New
WCFA
70
Walkner Condon Financial Advisors
Wisconsin
$506K +$228K +11,516 +82%
CAG
71
Csenge Advisory Group
Florida
$494K +$495K +25,000 New
CWA
72
Continuum Wealth Advisors
New York
$409K +$74.9K +3,784 +22%
JP Morgan Chase
73
JP Morgan Chase
New York
$407K +$350K +17,686 +608%
RJT
74
Raymond James Trust
Florida
$339K +$41.3K +2,086 +14%
Jane Street
75
Jane Street
New York
$335K +$336K +16,988 New

FSMB Hedge Fund Activity: Q2 2023 in Review

109 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q2 2023, worth a combined $322M — up 3.1% from $312M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FSMB positions and 12 closed out — a net gain of 5 holders — while 42 added to existing stakes and 32 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $12.1M. The largest seller was LWS Wealth Advisors, cutting an estimated $10.1M.

  • 109 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q2 2023, up from 106 in Q1 2023.
  • Funds reported $322M of First Trust Short Duration Managed Municipal ETF stock for Q2 2023, up 3.1% quarter-over-quarter.
  • 17 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q2 2023 and 12 closed out, a net change of +5 holders.
  • The largest First Trust Short Duration Managed Municipal ETF buyer in Q2 2023 was Morgan Stanley, an estimated $12.1M added.
  • The largest First Trust Short Duration Managed Municipal ETF seller in Q2 2023 was LWS Wealth Advisors, an estimated $10.1M sold.

Based on aggregated 13F filings for Q2 2023.