First Trust Short Duration Managed Municipal ETF
FSMB
109 hedge funds and large institutions have $297M invested in First Trust Short Duration Managed Municipal ETF in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
19% more capital invested
Capital invested by funds: $249M → $297M (+$47.9M)
10% more funds holding
Funds holding: 99 → 109 (+10)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0.86% more ownership
Funds ownership: 71.79% → 72.65% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.12M |
| 3 |
OAJ
Ogorek Anthony Joseph
Williamsville,
New York
|
+$7.52M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.35M |
| 5 |
Jane Street
New York
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWA
LWS Wealth Advisors
Basking Ridge,
New Jersey
|
-$7.97M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$3.81M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$3.22M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.82M |
| 5 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$1.47M |
FSMB Hedge Fund Activity: Q4 2022 in Review
109 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q4 2022, worth a combined $297M — up 19% from $249M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FSMB positions and 13 closed out — a net gain of 13 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.9M. The largest seller was LWS Wealth Advisors, cutting an estimated $7.97M.
- 109 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q4 2022, up from 99 in Q3 2022.
- Funds reported $297M of First Trust Short Duration Managed Municipal ETF stock for Q4 2022, up 19% quarter-over-quarter.
- 26 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q4 2022 and 13 closed out, a net change of +13 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q4 2022 was Morgan Stanley, an estimated $10.9M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q4 2022 was LWS Wealth Advisors, an estimated $7.97M sold.
Based on aggregated 13F filings for Q4 2022.