We are live on ! Find out more
FSMB icon

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
KWS
101
Keystone Wealth Services
California
$228K – – –
IWM
102
Iams Wealth Management
Nebraska
$221K -$36.7K -1,839 -14%
Mariner
103
Mariner
Kansas
$221K -$162K -8,107 -42%
BWM
104
BlackDiamond Wealth Management
New York
$221K – – –
AWA
105
Alta Wealth Advisors
Massachusetts
$215K -$112K -5,612 -34%
MLRA
106
Main Line Retirement Advisors
Montana
$213K +$1.61K +81 +0.8%
IFG
107
Independent Financial Group
California
$207K -$1.06K -53 -0.5%
PFGIA
108
Patriot Financial Group Insurance Agency
Massachusetts
$204K – – –
LI
109
LVZ Inc
Michigan
$200K – – –
KWM
110
Kingsview Wealth Management
Oregon
$198K -$25.2K -1,262 -11%
CAL
111
Capital Analysts LLC
Pennsylvania
$187K – – –
PB
112
Pinnacle Bancorp
Nebraska
$147K – – –
FRA
113
Front Row Advisors
California
$99.2K +$99.7K +5,000 New
FFA
114
Farther Finance Advisors
California
$80.7K +$81.2K +4,070 New
GEA
115
Glen Eagle Advisors
New Jersey
$69.2K – – –
AWM
116
AE Wealth Management
Kansas
$63.6K +$63.9K +3,205 New
US Bancorp
117
US Bancorp
Minnesota
$54.9K – – –
HI
118
Harbour Investments
Wisconsin
$54.4K -$228K -11,433 -81%
CFD
119
Creative Financial Designs
Indiana
$53.2K +$44.4K +2,225 +490%
SPIA
120
Steward Partners Investment Advisory
New York
$41.7K – – –
CAM
121
Creekmur Asset Management
Illinois
$34.7K – – –
LFG
122
Larson Financial Group
Missouri
$34.7K -$199 -10 -0.6%
FMII
123
Farmers & Merchants Investments Inc
Nebraska
$34.4K +$34.6K +1,733 New
TAM
124
Tucker Asset Management
Colorado
$30.9K +$31.1K +1,558 New
PS
125
Principal Securities
Iowa
$30.8K – – –
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.