First Trust Short Duration Managed Municipal ETF
FSMB
119 hedge funds and large institutions have $341M invested in First Trust Short Duration Managed Municipal ETF in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 46 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
2% more capital invested
Capital invested by funds: $333M → $341M (+$8.13M)
0.29% more ownership
Funds ownership: 80.73% → 81.01% (+0.29%)
0% more funds holding
Funds holding: 119 → 119 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.4M |
| 2 |
Jane Street
New York
|
+$2.87M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.64M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.1M |
| 5 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.56M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$1.54M |
| 3 |
SG
StoneX Group
New York
|
-$1.09M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$919K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$767K |
FSMB Hedge Fund Activity: Q2 2024 in Review
119 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q2 2024, worth a combined $341M — up 2.4% from $333M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FSMB positions and 9 closed out — a net gain of 2 holders — while 40 added to existing stakes and 46 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.4M. The largest seller was LPL Financial, cutting an estimated $1.56M.
- 119 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $341M of First Trust Short Duration Managed Municipal ETF stock for Q2 2024, up 2.4% quarter-over-quarter.
- 11 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q2 2024 and 9 closed out, a net change of +2 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q2 2024 was Morgan Stanley, an estimated $11.4M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q2 2024 was LPL Financial, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2024.