First Trust Short Duration Managed Municipal ETF
FSMB
119 hedge funds and large institutions have $333M invested in First Trust Short Duration Managed Municipal ETF in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 13 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
1% more capital invested
Capital invested by funds: $331M → $333M (+$1.78M)
0.12% more ownership
Funds ownership: 80.6% → 80.73% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 122 → 119 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.43M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.67M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.61M |
| 4 |
RWB
RMR Wealth Builders
Montclair,
New Jersey
|
+$2.57M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAJ
Ogorek Anthony Joseph
Williamsville,
New York
|
-$6.47M |
| 2 |
Morgan Stanley
New York
|
-$5.39M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.56M |
| 4 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
-$2.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.54M |
FSMB Hedge Fund Activity: Q1 2024 in Review
119 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q1 2024, worth a combined $333M — up 0.54% from $331M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FSMB and 12 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 47 added.
The largest buyer was UBS Group, adding an estimated $4.43M. The largest seller was Ogorek Anthony Joseph, exiting entirely with an estimated $6.47M sold.
- 119 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q1 2024, down from 122 in Q4 2023.
- Funds reported $333M of First Trust Short Duration Managed Municipal ETF stock for Q1 2024, up 0.54% quarter-over-quarter.
- 12 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q1 2024 and 13 closed out, a net change of -1 holder.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q1 2024 was UBS Group, an estimated $4.43M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q1 2024 was Ogorek Anthony Joseph, an estimated $6.47M sold.
Based on aggregated 13F filings for Q1 2024.