First Trust Short Duration Managed Municipal ETF
FSMB
74 hedge funds and large institutions have $115M invested in First Trust Short Duration Managed Municipal ETF in 2021 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 7 closing their positions.
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
38% more capital invested
Capital invested by funds: $83.8M → $115M (+$31.5M)
28% more funds holding
Funds holding: 58 → 74 (+16)
6.92% more ownership
Funds ownership: 54.63% → 61.55% (+6.9%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$12.6M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$5.27M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.9M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.76M |
| 5 |
Jane Street
New York
|
+$1.49M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LA
76
LexAurum Advisors
Overland Park,
Kansas
| – | -$731K | -35,049 | Closed |
|
77
Citadel Advisors
Miami,
Florida
| – | -$309K | -14,786 | Closed |
|
|
PAG
78
Private Advisor Group
Morristown,
New Jersey
| – | -$238K | -11,402 | Closed |
|
|
MSAM
79
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$209K | -10,027 | Closed |
|
|
JCM
80
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$157K | -7,521 | Closed |
|
81
Wells Fargo
San Francisco,
California
| – | +$21 | +1 | +100% |
|
FSMB Hedge Fund Activity: Q4 2021 in Review
74 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q4 2021, worth a combined $115M — up 38% from $83.8M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FSMB positions and 7 closed out — a net gain of 16 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.6M. The largest seller was Cetera Advisor Networks, cutting an estimated $1.84M.
- 74 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q4 2021, up from 58 in Q3 2021.
- Funds reported $115M of First Trust Short Duration Managed Municipal ETF stock for Q4 2021, up 38% quarter-over-quarter.
- 23 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q4 2021 and 7 closed out, a net change of +16 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q4 2021 was Morgan Stanley, an estimated $12.6M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q4 2021 was Cetera Advisor Networks, an estimated $1.84M sold.
Based on aggregated 13F filings for Q4 2021.