First Trust Enhanced Short Maturity ETF
FTSM
112 hedge funds and large institutions have $1.03B invested in First Trust Enhanced Short Maturity ETF in 2018 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 49 increasing their positions, 27 reducing their positions, and 15 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 27
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
16% more capital invested
Capital invested by funds: $885M → $1.03B (+$140M)
10% more funds holding
Funds holding: 102 → 112 (+10)
13.27% less ownership
Funds ownership: 77.44% → 64.17% (-13%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$42.3M |
| 2 |
Morgan Stanley
New York
|
+$29.6M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$23.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$17.6M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$26.7M |
| 2 |
KFGK
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
|
-$23.2M |
| 3 |
Jane Street
New York
|
-$15.9M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$8.95M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.93M |
FTSM Hedge Fund Activity: Q1 2018 in Review
112 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q1 2018, worth a combined $1.03B — up 16% from $885M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FTSM positions and 15 closed out — a net gain of 11 holders — while 49 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $42.3M. The largest seller was BB&T Securities, cutting an estimated $26.7M.
- 112 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q1 2018, up from 102 in Q4 2017.
- Funds reported $1.03B of First Trust Enhanced Short Maturity ETF stock for Q1 2018, up 16% quarter-over-quarter.
- 26 funds opened new First Trust Enhanced Short Maturity ETF positions in Q1 2018 and 15 closed out, a net change of +11 holders.
- The largest First Trust Enhanced Short Maturity ETF buyer in Q1 2018 was Bank of America, an estimated $42.3M added.
- The largest First Trust Enhanced Short Maturity ETF seller in Q1 2018 was BB&T Securities, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2018.