First Trust Enhanced Short Maturity ETF
FTSM
388 hedge funds and large institutions have $6.1B invested in First Trust Enhanced Short Maturity ETF in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 140 increasing their positions, 182 reducing their positions, and 44 closing their positions.
0.38% less ownership
Funds ownership: 78.64% → 78.25% (-0.38%)
4% less capital invested
Capital invested by funds: $6.33B → $6.1B (-$235M)
3% less funds holding
Funds holding: 400 → 388 (-12)
9% less funds holding in top 10
Funds holding in top 10: 47 → 43 (-4)
18% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 44
23% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 182
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $12.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Prostatis Group
Hanover,
Maryland
|
+$145M |
| 2 |
Jane Street
New York
|
+$97.1M |
| 3 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$79M |
| 4 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$39.8M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$57.7M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$44.7M |
| 3 |
AWS
AJ Wealth Strategies
New York
|
-$44.3M |
| 4 |
LPL Financial
San Diego,
California
|
-$40.8M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$40.1M |
FTSM Hedge Fund Activity: Q2 2023 in Review
388 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q2 2023, worth a combined $6.1B — down 3.7% from $6.33B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of FTSM and 36 opened new positions — a net loss of 8 holders — while 182 trimmed existing stakes and 140 added.
The largest buyer was Prostatis Group, adding an estimated $145M. The largest seller was Morgan Stanley, cutting an estimated $57.7M.
- 388 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q2 2023, down from 400 in Q1 2023.
- Funds reported $6.1B of First Trust Enhanced Short Maturity ETF stock for Q2 2023, down 3.7% quarter-over-quarter.
- 36 funds opened new First Trust Enhanced Short Maturity ETF positions in Q2 2023 and 44 closed out, a net change of -8 holders.
- The largest First Trust Enhanced Short Maturity ETF buyer in Q2 2023 was Prostatis Group, an estimated $145M added.
- The largest First Trust Enhanced Short Maturity ETF seller in Q2 2023 was Morgan Stanley, an estimated $57.7M sold.
Based on aggregated 13F filings for Q2 2023.