First Trust Short Duration Managed Municipal ETF
FSMB
106 hedge funds and large institutions have $312M invested in First Trust Short Duration Managed Municipal ETF in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 16 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
5% more capital invested
Capital invested by funds: $297M → $312M (+$15.1M)
0.03% more ownership
Funds ownership: 72.65% → 72.68% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 109 → 106 (-3)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
Top Sellers
| 1 |
LWA
LWS Wealth Advisors
Basking Ridge,
New Jersey
|
-$10.6M |
| 2 |
Jane Street
New York
|
-$4.2M |
| 3 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
-$2.47M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.7M |
| 5 |
SG
StoneX Group
New York
|
-$1.47M |
FSMB Hedge Fund Activity: Q1 2023 in Review
106 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q1 2023, worth a combined $312M — up 5.1% from $297M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FSMB and 14 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 42 added.
The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was LWS Wealth Advisors, cutting an estimated $10.6M.
- 106 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q1 2023, down from 109 in Q4 2022.
- Funds reported $312M of First Trust Short Duration Managed Municipal ETF stock for Q1 2023, up 5.1% quarter-over-quarter.
- 14 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q1 2023 and 16 closed out, a net change of -2 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q1 2023 was Morgan Stanley, an estimated $13M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q1 2023 was LWS Wealth Advisors, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2023.