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First Trust Enhanced Short Maturity ETF

30 hedge funds and large institutions have $80.9M invested in First Trust Enhanced Short Maturity ETF in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

0% more funds holding

Funds holding: 3030 (0)

23% less capital invested

Capital invested by funds: $105M → $80.9M (-$24.1M)

60% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 15

Holders
30
Holders Change
Holders Change %
0%
% of All Funds
0.79%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
6
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$21.5M +$13.6M +226,591 +170%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$10.5M +$10.5M +175,686 New
Jane Street
3
Jane Street
New York
$7.54M -$643K -10,737 -8%
CAN
4
Cetera Advisor Networks
California
$6.25M +$6.26M +104,551 New
CC
5
Cedar Capital
Illinois
$5.52M +$5.53M +92,305 New
HFS
6
HL Financial Services
Kentucky
$4.26M +$127K +2,116 +3%
AIG
7
American International Group
New York
$3.18M -$6.97M -116,369 -69%
RJA
8
Raymond James & Associates
Florida
$2.94M +$2.94M +49,092 New
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$2.78M -$9.91M -165,555 -78%
AI
10
Atria Investments
North Carolina
$2.44M -$461K -7,696 -16%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$2.34M -$5.35M -89,386 -70%
Bank of America
12
Bank of America
North Carolina
$1.77M +$118K +1,965 +7%
AC
13
AFAM Capital
Texas
$1.54M -$728K -12,161 -32%
HI
14
Horizon Investments
North Carolina
$1.47M -$2.74M -45,819 -65%
IH
15
IFC Holdings
Florida
$1.38M +$130K +2,167 +10%
WF
16
WealthTrust Fairport
Ohio
$898K -$498K -8,315 -36%
LPL Financial
17
LPL Financial
California
$831K +$477K +7,969 +135%
PFS
18
Prospera Financial Services
Texas
$586K
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$513K -$4.82M -80,472 -90%
LI
20
LVZ Inc
Michigan
$476K +$477K +7,959 New
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$465K +$465K +7,770 New
VKH
22
Virtu KCG Holdings
New York
$307K -$7.54M -125,870 -96%
CWM
23
Concert Wealth Management
California
$299K
SIM
24
SSI Investment Management
California
$278K -$174K -2,910 -38%
Wells Fargo
25
Wells Fargo
California
$270K -$106K -1,770 -28%

FTSM Hedge Fund Activity: Q4 2015 in Review

30 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q4 2015, worth a combined $80.9M — down 23% from $105M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FTSM positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $13.6M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $17.5M sold.

  • 30 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q4 2015, unchanged from Q3 2015.
  • Funds reported $80.9M of First Trust Enhanced Short Maturity ETF stock for Q4 2015, down 23% quarter-over-quarter.
  • 7 funds opened new First Trust Enhanced Short Maturity ETF positions in Q4 2015 and 6 closed out, a net change of +1 holder.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q4 2015 was Morgan Stanley, an estimated $13.6M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q4 2015 was Parametric Portfolio Associates, an estimated $17.5M sold.

Based on aggregated 13F filings for Q4 2015.