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First Trust Enhanced Short Maturity ETF

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.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

2% less funds holding

Funds holding: 4342 (-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: 32 (-1)

Holders
42
Holders Change
-1
Holders Change %
-2.33%
% of All Funds
1.12%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
7
Increased
15
Reduced
20
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$68.7M -$1.14M -19,057 -2%
Bank of America
2
Bank of America
North Carolina
$51.2M +$9.47M +158,099 +23%
Wells Fargo
3
Wells Fargo
California
$30.6M -$892K -14,884 -3%
SG
4
Strid Group
Pennsylvania
$30.1M -$523K -8,725 -2%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$10.1M +$1.85M +30,798 +22%
LPL Financial
6
LPL Financial
California
$9.53M -$942K -15,727 -9%
RJA
7
Raymond James & Associates
Florida
$5.17M -$2.71M -45,305 -34%
MIAN
8
Mariner Independent Advisor Network
Kansas
$4.8M +$4.2M +70,154 +702%
HFS
9
HL Financial Services
Kentucky
$4.18M +$104K +1,735 +3%
RA
10
RFG Advisory
Alabama
$2.93M +$412K +6,878 +16%
Citadel Advisors
11
Citadel Advisors
Florida
$1.83M +$80.8K +1,349 +5%
MFS
12
MSI Financial Services
Massachusetts
$1.71M -$36.3K -605 -2%
UBS Group
13
UBS Group
Switzerland
$1.65M +$1.47M +24,493 +821%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$1.61M -$1.55M -25,802 -49%
IH
15
IFC Holdings
Florida
$1.3M +$15.4K +257 +1%
VKH
16
Virtu KCG Holdings
New York
$1.13M -$12M -200,503 -91%
SB
17
Suntrust Banks
Georgia
$1.12M +$120K +2,004 +12%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$992K +$311K +5,183 +46%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$942K -$6.94M -115,855 -88%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$926K -$2.29M -38,281 -71%
AG
21
Advisor Group
Arizona
$885K -$18.2M -304,010 -95%
PMG
22
ProVise Management Group
Florida
$784K +$1.38K +23 +0.2%
WF
23
WealthTrust Fairport
Ohio
$750K +$250K +4,175 +50%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$635K -$6.7M -111,841 -91%
HighTower Advisors
25
HighTower Advisors
Illinois
$602K +$602K +10,038 New

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.