First Trust Short Duration Managed Municipal ETF
FSMB
18 hedge funds and large institutions have $9.93M invested in First Trust Short Duration Managed Municipal ETF in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
38% more funds holding
Funds holding: 13 → 18 (+5)
16% more capital invested
Capital invested by funds: $8.59M → $9.93M (+$1.35M)
1.92% less ownership
Funds ownership: 44.13% → 42.21% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.44M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.25M |
| 3 |
Jane Street
New York
|
+$808K |
| 4 |
AC
Avestar Capital
New York
|
+$523K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.77M |
| 2 |
Goldman Sachs
New York
|
-$1.84M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$145K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$13.6K |
FSMB Hedge Fund Activity: Q4 2019 in Review
18 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q4 2019, worth a combined $9.93M — up 16% from $8.59M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FSMB positions and 2 closed out — a net gain of 5 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $2.44M. The largest seller was Citigroup, exiting entirely with an estimated $2.77M sold.
- 18 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q4 2019, up from 13 in Q3 2019.
- Funds reported $9.93M of First Trust Short Duration Managed Municipal ETF stock for Q4 2019, up 16% quarter-over-quarter.
- 7 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q4 2019 and 2 closed out, a net change of +5 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q4 2019 was Flow Traders U.S., an estimated $2.44M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q4 2019 was Citigroup, an estimated $2.77M sold.
Based on aggregated 13F filings for Q4 2019.