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First Trust Enhanced Short Maturity ETF

192 hedge funds and large institutions have $2.7B invested in First Trust Enhanced Short Maturity ETF in 2018 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 85 increasing their positions, 37 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

375% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 12

130% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 37

117% more funds holding in top 10

Funds holding in top 10: 1226 (+14)

55% more capital invested

Capital invested by funds: $1.74B → $2.7B (+$960M)

29% more funds holding

Funds holding: 149192 (+43)

1.6% more ownership

Funds ownership: 67.25%68.85% (+1.6%)

Holders
192
Holders Change
+43
Holders Change %
+28.86%
% of All Funds
4.28%
Holding in Top 10
26
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+116.67%
% of All Funds
0.58%
New
57
Increased
85
Reduced
37
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FAAS
26
First Allied Advisory Services
California
$17M +$7.21M +120,162 +74%
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$15.6M +$7.98M +133,098 +105%
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$12.7M +$7.55M +125,953 +146%
SFS
29
Sowell Financial Services
Arkansas
$12M +$12.1M +200,996 New
AG
30
Advisor Group
Arizona
$11.6M +$5.55M +92,478 +92%
SAM
31
Shamrock Asset Management
Texas
$10.3M -$10.5M -175,578 -51%
PNC
32
Park National Corp
Ohio
$10.1M +$2.18M +36,343 +27%
IA
33
IFP Advisors
Florida
$9.87M +$4.69M +78,146 +90%
Baird Financial Group
34
Baird Financial Group
Wisconsin
$8.93M -$2.55M -42,471 -22%
GIA
35
Gladstone Institutional Advisory
Florida
$8.4M +$8.42M +140,353 New
SPIA
36
Steward Partners Investment Advisory
New York
$8.38M +$2.54M +42,433 +43%
DLHL
37
Donald L. Hagan LLC
Florida
$7.97M -$470K -7,830 -6%
SPL
38
Smart Portfolios LLC
Washington
$7.67M -$64.2K -1,071 -0.8%
PA
39
Prism Advisors
California
$7.57M +$30.2K +504 +0.4%
SCM
40
Smith Capital Management
Arkansas
$7.47M +$7.48M +124,745 New
GSC
41
G&S Capital
Colorado
$7.12M +$2.98M +49,671 +72%
FF
42
Friedenthal Financial
New Jersey
$7.03M +$7.05M +117,517 New
CAN
43
Cetera Advisor Networks
California
$6.8M +$4.74M +78,972 +228%
BFG
44
Barber Financial Group
Kansas
$6.16M +$6.17M +102,944 New
1NWS
45
1 North Wealth Services
Maryland
$6.12M +$6.13M +102,272 New
Citigroup
46
Citigroup
New York
$5.74M -$169K -2,823 -3%
PWA
47
Peterson Wealth Advisors
Utah
$5.59M +$455K +7,590 +9%
IFAM
48
Institutional & Family Asset Management
Colorado
$5.36M +$4.38M +73,023 +440%
SWMG
49
Sanchez Wealth Management Group
Florida
$5.34M +$4.89M +81,485 +1,042%
TI
50
Tidal Investments
Wisconsin
$5.11M +$5.12M +85,337 New

FTSM Hedge Fund Activity: Q4 2018 in Review

192 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q4 2018, worth a combined $2.7B — up 55% from $1.74B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new FTSM positions and 12 closed out — a net gain of 45 holders — while 85 added to existing stakes and 37 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $226M. The largest seller was Cornerstone Wealth Management, cutting an estimated $28.9M.

  • 192 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q4 2018, up from 149 in Q3 2018.
  • Funds reported $2.7B of First Trust Enhanced Short Maturity ETF stock for Q4 2018, up 55% quarter-over-quarter.
  • 57 funds opened new First Trust Enhanced Short Maturity ETF positions in Q4 2018 and 12 closed out, a net change of +45 holders.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q4 2018 was Morgan Stanley, an estimated $226M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q4 2018 was Cornerstone Wealth Management, an estimated $28.9M sold.

Based on aggregated 13F filings for Q4 2018.