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First Trust Enhanced Short Maturity ETF

149 hedge funds and large institutions have $1.74B invested in First Trust Enhanced Short Maturity ETF in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 76 increasing their positions, 32 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 32

26% more capital invested

Capital invested by funds: $1.38B → $1.74B (+$360M)

20% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 20

9% more funds holding in top 10

Funds holding in top 10: 1112 (+1)

3% more funds holding

Funds holding: 145149 (+4)

1.64% more ownership

Funds ownership: 65.62%67.25% (+1.6%)

Holders
149
Holders Change
+4
Holders Change %
+2.76%
% of All Funds
3.41%
Holding in Top 10
12
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+9.09%
% of All Funds
0.27%
New
24
Increased
76
Reduced
32
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$439M +$169M +2,810,246 +62%
Bank of America
2
Bank of America
North Carolina
$207M +$21M +350,405 +11%
Wells Fargo
3
Wells Fargo
California
$204M +$10.5M +174,459 +5%
UBS Group
4
UBS Group
Switzerland
$104M +$24.8M +413,375 +31%
LPL Financial
5
LPL Financial
California
$59.6M +$13.2M +220,701 +29%
LC
6
Lubar & Co
Wisconsin
$47.7M +$47.7M +794,286 New
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$44.9M +$11M +183,096 +32%
HighTower Advisors
8
HighTower Advisors
Illinois
$41.9M +$5.69M +94,716 +16%
RJA
9
Raymond James & Associates
Florida
$39.8M +$5.52M +91,906 +16%
UCFA
10
United Capital Financial Advisors
Texas
$36.2M +$3.63M +60,505 +11%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$33.2M -$7.47M -124,514 -18%
BCI
12
Brinker Capital Investments
Pennsylvania
$29.8M +$3.77M +62,732 +14%
SF
13
Synovus Financial
Georgia
$27.7M +$1.04M +17,318 +4%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$27M +$6.79M +113,147 +34%
FEG
15
Financial Enhancement Group
Indiana
$24.5M +$654K +10,898 +3%
BTS
16
BB&T Securities
Virginia
$23.3M -$29.5M -491,272 -56%
SFWA
17
Summit Financial Wealth Advisors
Louisiana
$22.8M +$22.8M +380,478 New
MML Investors Services
18
MML Investors Services
Massachusetts
$22.1M +$10.2M +169,758 +86%
SAM
19
Shamrock Asset Management
Texas
$20.8M +$20.2M +337,211 +3,482%
PAG
20
Private Advisor Group
New Jersey
$18.5M +$7.36M +122,643 +66%
Stifel Financial
21
Stifel Financial
Missouri
$13.8M +$961K +16,011 +7%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$11.5M +$10.8M +179,958 +1,544%
CAG
23
Csenge Advisory Group
Florida
$11.4M +$2.3M +38,335 +25%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$11.4M +$1M +16,723 +10%
FAAS
25
First Allied Advisory Services
California
$9.81M +$4.12M +68,662 +73%

FTSM Hedge Fund Activity: Q3 2018 in Review

149 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q3 2018, worth a combined $1.74B — up 26% from $1.38B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FTSM positions and 20 closed out — a net gain of 4 holders — while 76 added to existing stakes and 32 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $169M. The largest seller was BB&T Securities, cutting an estimated $29.5M.

  • 149 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q3 2018, up from 145 in Q2 2018.
  • Funds reported $1.74B of First Trust Enhanced Short Maturity ETF stock for Q3 2018, up 26% quarter-over-quarter.
  • 24 funds opened new First Trust Enhanced Short Maturity ETF positions in Q3 2018 and 20 closed out, a net change of +4 holders.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q3 2018 was Morgan Stanley, an estimated $169M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q3 2018 was BB&T Securities, an estimated $29.5M sold.

Based on aggregated 13F filings for Q3 2018.