First Trust Short Duration Managed Municipal ETF
FSMB
118 hedge funds and large institutions have $332M invested in First Trust Short Duration Managed Municipal ETF in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 13 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 121 → 118 (-3)
21% less capital invested
Capital invested by funds: $417M → $332M (-$85.8M)
21.19% less ownership
Funds ownership: 101.55% → 80.35% (-21%)
Top Buyers
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.43M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.67M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.61M |
| 4 |
RWB
RMR Wealth Builders
Montclair,
New Jersey
|
+$2.57M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.13M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$92.8M |
| 2 |
OAJ
Ogorek Anthony Joseph
Williamsville,
New York
|
-$6.47M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.56M |
| 4 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
-$2.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.54M |
FSMB Hedge Fund Activity: Q1 2024 in Review
118 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q1 2024, worth a combined $332M — down 21% from $417M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FSMB and 12 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 47 added.
The largest buyer was UBS Group, adding an estimated $4.43M. The largest seller was Morgan Stanley, cutting an estimated $92.8M.
- 118 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q1 2024, down from 121 in Q4 2023.
- Funds reported $332M of First Trust Short Duration Managed Municipal ETF stock for Q1 2024, down 21% quarter-over-quarter.
- 12 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q1 2024 and 13 closed out, a net change of -1 holder.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q1 2024 was UBS Group, an estimated $4.43M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q1 2024 was Morgan Stanley, an estimated $92.8M sold.
Based on aggregated 13F filings for Q1 2024.