First Trust Enhanced Short Maturity ETF
FTSM
42 hedge funds and large institutions have $240M invested in First Trust Enhanced Short Maturity ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 7 closing their positions.
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
2% less funds holding
Funds holding: 43 → 42 (-1)
20% less capital invested
Capital invested by funds: $298M → $240M (-$58.4M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.47M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$4.2M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.85M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.47M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$18.2M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$12M |
| 3 |
Goldman Sachs
New York
|
-$10.2M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$6.94M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.7M |
FTSM Hedge Fund Activity: Q3 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q3 2016, worth a combined $240M — down 20% from $298M a quarter earlier.
Fund positioning in FTSM was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 15 added to existing stakes and 20 trimmed.
The largest buyer was Bank of America, adding an estimated $9.47M. The largest seller was Advisor Group, cutting an estimated $18.2M.
- 42 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q3 2016, down from 43 in Q2 2016.
- Funds reported $240M of First Trust Enhanced Short Maturity ETF stock for Q3 2016, down 20% quarter-over-quarter.
- 7 funds opened new First Trust Enhanced Short Maturity ETF positions in Q3 2016 and 7 closed out, a net change of 0 holders.
- The largest First Trust Enhanced Short Maturity ETF buyer in Q3 2016 was Bank of America, an estimated $9.47M added.
- The largest First Trust Enhanced Short Maturity ETF seller in Q3 2016 was Advisor Group, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2016.