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First Trust Enhanced Short Maturity ETF
FTSM

43 hedge funds and large institutions have $298M invested in First Trust Enhanced Short Maturity ETF in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

8% more funds holding

Funds holding: 40 → 43 (+3)

14% less capital invested

Capital invested by funds: $345M → $298M (-$47.1M)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
1.15%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
9
Increased
13
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Wells Fargo
Wells Fargo
California
+$31.4M
2
SG
Strid Group
Pennsylvania
+$30.6M
3
Bank of America
Bank of America
North Carolina
+$14.8M
4
Goldman Sachs
Goldman Sachs
New York
+$10.2M
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$6.88M

Top Sellers

1
HA
Hays Advisory
Tennessee
-$58.6M
2
MFS
MSI Financial Services
Massachusetts
-$42.9M
3
AIG
American International Group
New York
-$19.2M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$16.2M
5
IA
IFP Advisors
Florida
-$16.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$896K +$896K +14,963 New
AC
27
AFAM Capital
Texas
$865K -$1.31M -21,829 -60%
Stifel Financial
28
Stifel Financial
Missouri
$840K +$840K +14,019 New
Jane Street
29
Jane Street
New York
$789K -$6.49M -108,283 -89%
PMG
30
ProVise Management Group
Florida
$782K +$783K +13,063 New
PFS
31
Prospera Financial Services
Texas
$716K -$1.12M -18,712 -61%
LTFS
32
Ladenburg Thalmann Financial Services
Florida
$681K +$534K +8,922 +363%
MIAN
33
Mariner Independent Advisor Network
Kansas
$599K +$599K +10,000 New
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$539K -$435K -7,255 -45%
WF
35
WealthTrust Fairport
Ohio
$500K -$399K -6,660 -44%
BTS
36
BB&T Securities
Virginia
$477K -$10.8M -180,459 -96%
FAAS
37
First Allied Advisory Services
California
$424K +$211K +3,522 +99%
CWM
38
Concert Wealth Management
California
$341K +$41.9K +700 +14%
SIM
39
SSI Investment Management
California
$281K – – –
UBS Group
40
UBS Group
Switzerland
$179K +$179K +2,983 New
IA
41
IFP Advisors
Florida
$76K -$16.1M -268,089 -100%
FHA
42
First Horizon Advisors
Tennessee
$26K -$534K -8,920 -95%
AIM
43
Advantage Investment Management
Iowa
$22K -$16.2K -270 -42%
HA
44
Hays Advisory
Tennessee
– -$58.6M -979,348 Closed
AIG
45
American International Group
New York
– -$19.2M -321,519 Closed
VAM
46
Visionary Asset Management
Texas
– -$1.59M -26,644 Closed
ACM
47
Argentus Capital Management
Texas
– -$65K -1,084 Closed
TRCT
48
Tower Research Capital (TRC)
New York
– -$54K -908 Closed
IPC
49
Independent Portfolio Consultants
Florida
– -$16K -270 Closed
1
2

FTSM Hedge Fund Activity: Q2 2016 in Review

43 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q2 2016, worth a combined $298M — down 14% from $345M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FTSM positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 20 trimmed.

The largest buyer was Wells Fargo, adding an estimated $31.4M. The largest seller was Hays Advisory, exiting entirely with an estimated $58.6M sold.

  • 43 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q2 2016, up from 40 in Q1 2016.
  • Funds reported $298M of First Trust Enhanced Short Maturity ETF stock for Q2 2016, down 14% quarter-over-quarter.
  • 9 funds opened new First Trust Enhanced Short Maturity ETF positions in Q2 2016 and 6 closed out, a net change of +3 holders.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q2 2016 was Wells Fargo, an estimated $31.4M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q2 2016 was Hays Advisory, an estimated $58.6M sold.

Based on aggregated 13F filings for Q2 2016.