First Trust Short Duration Managed Municipal ETF
FSMB
74 hedge funds and large institutions have $116M 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.
410% more capital inflows, than outflows
Capital inflows: $40.3M | Capital outflows: $7.91M
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
28% more funds holding
Funds holding: 58 → 74 (+16)
6.92% more ownership
Funds ownership: 54.63% → 61.55% (+6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Advisor Networks
El Segundo,
California
|
-$1.84M |
| 2 |
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$884K |
| 3 |
Flow Traders U.S.
New York
|
-$773K |
| 4 |
LexAurum Advisors
Overland Park,
Kansas
|
-$731K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$719K |
FSMB Hedge Fund Activity: Q4 2021 in Review
74 of the 6,521 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 $116M — up 39% 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 $116M of First Trust Short Duration Managed Municipal ETF stock for Q4 2021, up 39% 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.