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First Trust Short Duration Managed Municipal ETF
FSMB

130 hedge funds and large institutions have $341M invested in First Trust Short Duration Managed Municipal ETF in 2024 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 9

21% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 39

9% more funds holding

Funds holding: 119 → 130 (+11)

7% more capital invested

Capital invested by funds: $318M → $341M (+$22.7M)

0.63% more ownership

Funds ownership: 79% → 79.63% (+0.63%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
130
Holders Change
+11
Holders Change %
+9.24%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
22
Increased
47
Reduced
39
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$3.29M
2
LPL Financial
LPL Financial
California
+$2.77M
3
SFS
Sowell Financial Services
Arkansas
+$2.32M
4
PP
PFS Partners
New Jersey
+$2.21M
5
IAA
Independent Advisor Alliance
North Carolina
+$1.75M

Top Sellers

1
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
-$742K
2
KAS
Kestra Advisory Services
Texas
-$532K
3
BCI
Brinker Capital Investments
Pennsylvania
-$496K
4
OPS
Orion Portfolio Solutions
Nebraska
-$496K
5
Stifel Financial
Stifel Financial
Missouri
-$464K
Name Holding Trade Value Shares
Change 		Change in
Stake
SWP
76
Summit Wealth Partners
Florida
$453K +$110K +5,496 +32%
GA
77
GSG Advisors
New Jersey
$411K +$3.11K +156 +0.8%
Jane Street
78
Jane Street
New York
$410K +$412K +20,648 New
GSWM
79
Golden State Wealth Management
California
$389K +$391K +19,613 New
LCM
80
Lunt Capital Management
Utah
$386K – – –
SOS
81
Silver Oak Securities
Tennessee
$386K – – –
TWM
82
TCFG Wealth Management
California
$366K +$42.6K +2,138 +13%
PWP
83
Principle Wealth Partners
Connecticut
$357K -$3.75K -188 -1%
NFG
84
Norris Financial Group
South Carolina
$351K +$72.1K +3,614 +26%
CIAS
85
Capital Investment Advisory Services
North Carolina
$330K +$31.1K +1,561 +10%
JSW
86
Journey Strategic Wealth
New Jersey
$328K -$2.27K -114 -0.7%
DAS
87
Dynamic Advisor Solutions
Arizona
$315K +$317K +15,893 New
ATPW
88
Ashton Thomas Private Wealth
Arizona
$304K – – –
CCA
89
Clearwater Capital Advisors
Illinois
$298K – – –
WCFA
90
Walkner Condon Financial Advisors
Wisconsin
$295K -$127K -6,379 -30%
RWA
91
Rooted Wealth Advisors
Illinois
$292K -$419 -21 -0.1%
IWA
92
Integrity Wealth Advisors
California
$284K +$286K +14,325 New
NW
93
Naviter Wealth
Arkansas
$275K -$27.4K -1,375 -9%
NGA
94
Naples Global Advisors
Florida
$268K – – –
NG
95
Novem Group
New York
$258K +$259K +13,000 New
CCM
96
Chilton Capital Management
Texas
$247K – – –
Janney Montgomery Scott
97
Janney Montgomery Scott
Pennsylvania
$244K -$47.9K -2,400 -16%
CAS
98
Coppell Advisory Solutions
Texas
$238K +$189K +9,500 +376%
AI
99
Atria Investments
North Carolina
$234K -$38.3K -1,921 -14%
CWM
100
Castle Wealth Management
Florida
$233K +$234K +11,748 New
2 3
4
5 6

FSMB Hedge Fund Activity: Q4 2024 in Review

130 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q4 2024, worth a combined $341M — up 7.1% from $318M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new FSMB positions and 9 closed out — a net gain of 13 holders — while 47 added to existing stakes and 39 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.29M. The largest seller was Cetera Investment Advisers, cutting an estimated $742K.

  • 130 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q4 2024, up from 119 in Q3 2024.
  • Funds reported $341M of First Trust Short Duration Managed Municipal ETF stock for Q4 2024, up 7.1% quarter-over-quarter.
  • 22 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q4 2024 and 9 closed out, a net change of +13 holders.
  • The largest First Trust Short Duration Managed Municipal ETF buyer in Q4 2024 was Morgan Stanley, an estimated $3.29M added.
  • The largest First Trust Short Duration Managed Municipal ETF seller in Q4 2024 was Cetera Investment Advisers, an estimated $742K sold.

Based on aggregated 13F filings for Q4 2024.