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First Trust Enhanced Short Maturity ETF

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: 4043 (+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: 43 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$69.8M +$6.51M +108,717 +10%
Bank of America
2
Bank of America
North Carolina
$41.6M +$14.8M +246,458 +55%
Wells Fargo
3
Wells Fargo
California
$31.5M +$31.4M +523,927 +23,121%
SG
4
Strid Group
Pennsylvania
$31M +$30.6M +511,003 New
AG
5
Advisor Group
Arizona
$19.1M +$19.1M +318,773 New
VKH
6
Virtu KCG Holdings
New York
$13.1M +$6.43M +107,347 +96%
LPL Financial
7
LPL Financial
California
$10.5M +$2.97M +49,538 +40%
Goldman Sachs
8
Goldman Sachs
New York
$10.2M +$10.2M +170,243 New
RJFSA
9
Raymond James Financial Services Advisors
Florida
$8.21M -$3.43M -57,224 -29%
RJA
10
Raymond James & Associates
Florida
$7.88M +$4.05M +67,528 +105%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$7.88M +$6.88M +114,793 +684%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$7.33M -$16.2M -269,774 -69%
CAN
13
Cetera Advisor Networks
California
$6.88M -$1.69M -28,219 -20%
HFS
14
HL Financial Services
Kentucky
$4.07M +$142K +2,376 +4%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$3.22M -$901K -15,045 -22%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$3.15M -$105K -1,754 -3%
RA
17
RFG Advisory
Alabama
$2.52M +$199K +3,318 +9%
Citadel Advisors
18
Citadel Advisors
Florida
$1.75M -$2.49M -41,640 -59%
MFS
19
MSI Financial Services
Massachusetts
$1.75M -$42.9M -716,936 -96%
HI
20
Horizon Investments
North Carolina
$1.65M +$157K +2,618 +11%
CC
21
Cedar Capital
Illinois
$1.54M -$768K -12,818 -33%
IH
22
IFC Holdings
Florida
$1.28M -$85.4K -1,426 -6%
AI
23
Atria Investments
North Carolina
$1.2M -$552K -9,214 -32%
VFS
24
VSR Financial Services
Kansas
$1.06M +$1.06M +17,644 New
SB
25
Suntrust Banks
Georgia
$1M -$215K -3,588 -18%

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.