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 6 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 7 closing their positions.
5% less funds holding
Funds holding: 44 → 42 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
20% less capital invested
Capital invested by funds: $299M → $240M (-$59.1M)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
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 3,759 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 $299M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FTSM and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 15 added.
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 44 in Q2 2016.
- Funds reported $240M of First Trust Enhanced Short Maturity ETF stock for Q3 2016, down 20% quarter-over-quarter.
- 6 funds opened new First Trust Enhanced Short Maturity ETF positions in Q3 2016 and 7 closed out, a net change of -1 holder.
- 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.