First Trust Enhanced Short Maturity ETF
FTSM
276 hedge funds and large institutions have $3B invested in First Trust Enhanced Short Maturity ETF in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 135 reducing their positions, and 32 closing their positions.
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2.47% less ownership
Funds ownership: 64.39% → 61.92% (-2.5%)
3% less funds holding
Funds holding: 284 → 276 (-8)
9% less capital invested
Capital invested by funds: $3.3B → $3B (-$303M)
13% less funds holding in top 10
Funds holding in top 10: 30 → 26 (-4)
34% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$13.5M |
| 2 |
AO
Advisor OS
Chicago,
Illinois
|
+$12.1M |
| 3 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$8.87M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$8.79M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$53.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$44.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$31.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22.4M |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$21.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
301
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$60K | -998 | Closed |
|
|
VCG
302
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$32K | -547 | Closed |
|
|
APWM
303
Atlas Private Wealth Management
Albany,
New York
| – | -$30K | -500 | Closed |
|
|
CAAS
304
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$18K | -292 | Closed |
|
|
RCA
305
Ranch Capital Advisors
Sarasota,
Florida
| – | -$12K | -207 | Closed |
|
|
WPA
306
West Paces Advisors
Atlanta,
Georgia
| – | -$9.01K | -150 | Closed |
|
|
SIAG
307
Safeguard Investment Advisory Group
Corona,
California
| – | -$1K | -17 | Closed |
|
308
Fidelity Investments
Boston,
Massachusetts
| – | +$180 | +3 | New |
|
FTSM Hedge Fund Activity: Q1 2021 in Review
276 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q1 2021, worth a combined $3B — down 9.2% from $3.3B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FTSM and 29 opened new positions — a net loss of 3 holders — while 135 trimmed existing stakes and 89 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $13.5M. The largest seller was Morgan Stanley, cutting an estimated $53.2M.
- 276 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q1 2021, down from 284 in Q4 2020.
- Funds reported $3B of First Trust Enhanced Short Maturity ETF stock for Q1 2021, down 9.2% quarter-over-quarter.
- 29 funds opened new First Trust Enhanced Short Maturity ETF positions in Q1 2021 and 32 closed out, a net change of -3 holders.
- The largest First Trust Enhanced Short Maturity ETF buyer in Q1 2021 was Cambridge Investment Research Advisors, an estimated $13.5M added.
- The largest First Trust Enhanced Short Maturity ETF seller in Q1 2021 was Morgan Stanley, an estimated $53.2M sold.
Based on aggregated 13F filings for Q1 2021.