First Trust Enhanced Short Maturity ETF
FTSM
73 hedge funds and large institutions have $577M invested in First Trust Enhanced Short Maturity ETF in 2017 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 10 reducing their positions, and 9 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 10
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more capital invested
Capital invested by funds: $425M → $577M (+$152M)
24% more funds holding
Funds holding: 59 → 73 (+14)
19.8% less ownership
Funds ownership: 78.81% → 59.01% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.2M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$30.6M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$27.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$24.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$18.8M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$14.7M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$4.78M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.73M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.04M |
FTSM Hedge Fund Activity: Q2 2017 in Review
73 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q2 2017, worth a combined $577M — up 36% from $425M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FTSM positions and 9 closed out — a net gain of 14 holders — while 35 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $31.2M. The largest seller was WBI Investments, exiting entirely with an estimated $18.8M sold.
- 73 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q2 2017, up from 59 in Q1 2017.
- Funds reported $577M of First Trust Enhanced Short Maturity ETF stock for Q2 2017, up 36% quarter-over-quarter.
- 23 funds opened new First Trust Enhanced Short Maturity ETF positions in Q2 2017 and 9 closed out, a net change of +14 holders.
- The largest First Trust Enhanced Short Maturity ETF buyer in Q2 2017 was Morgan Stanley, an estimated $31.2M added.
- The largest First Trust Enhanced Short Maturity ETF seller in Q2 2017 was WBI Investments, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2017.