First Trust Short Duration Managed Municipal ETF
FSMB
131 hedge funds and large institutions have $342M invested in First Trust Short Duration Managed Municipal ETF in 2024 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 9 closing their positions.
760% more capital inflows, than outflows
Capital inflows: $60.8M | Capital outflows: $7.08M
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
9% more funds holding
Funds holding: 120 → 131 (+11)
0.55% more ownership
Funds ownership: 79.17% → 79.72% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.29M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.77M |
| 3 |
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.32M |
| 4 |
PP
PFS Partners
Mine Hill,
New Jersey
|
+$2.21M |
| 5 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$742K |
| 2 |
Kestra Advisory Services
Austin,
Texas
|
-$532K |
| 3 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$496K |
| 4 |
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$496K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$464K |
FSMB Hedge Fund Activity: Q4 2024 in Review
131 of the 7,615 institutional investors tracked by Wall St. Rank reported a position in First Trust Short Duration Managed Municipal ETF (FSMB) for Q4 2024, worth a combined $342M — up 7% from $319M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FSMB positions and 9 closed out — a net gain of 13 holders — while 48 added to existing stakes and 39 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.29M. The largest seller was Cetera Investment Advisers, cutting an estimated $742K.
- 131 institutional investors held First Trust Short Duration Managed Municipal ETF (FSMB) as of Q4 2024, up from 120 in Q3 2024.
- Funds reported $342M of First Trust Short Duration Managed Municipal ETF stock for Q4 2024, up 7% quarter-over-quarter.
- 22 funds opened new First Trust Short Duration Managed Municipal ETF positions in Q4 2024 and 9 closed out, a net change of +13 holders.
- The largest First Trust Short Duration Managed Municipal ETF buyer in Q4 2024 was Morgan Stanley, an estimated $3.29M added.
- The largest First Trust Short Duration Managed Municipal ETF seller in Q4 2024 was Cetera Investment Advisers, an estimated $742K sold.
Based on aggregated 13F filings for Q4 2024.