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First Trust Enhanced Short Maturity ETF

218 hedge funds and large institutions have $3.19B invested in First Trust Enhanced Short Maturity ETF in 2019 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 105 increasing their positions, 65 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 65

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

8% more capital invested

Capital invested by funds: $2.97B → $3.19B (+$227M)

4% more funds holding in top 10

Funds holding in top 10: 2425 (+1)

3% more funds holding

Funds holding: 211218 (+7)

0.12% more ownership

Funds ownership: 65.43%65.55% (+0.12%)

Holders
218
Holders Change
+7
Holders Change %
+3.32%
% of All Funds
4.78%
Holding in Top 10
25
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.17%
% of All Funds
0.55%
New
25
Increased
105
Reduced
65
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$770M +$57.9M +962,377 +8%
Wells Fargo
2
Wells Fargo
California
$376M +$16.5M +274,832 +5%
Bank of America
3
Bank of America
North Carolina
$235M -$65M -1,080,867 -22%
UBS Group
4
UBS Group
Switzerland
$202M +$33.5M +557,619 +20%
LPL Financial
5
LPL Financial
California
$111M +$9.46M +157,418 +9%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$111M +$8.64M +143,700 +8%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$96.4M +$27.9M +463,615 +41%
RJA
8
Raymond James & Associates
Florida
$72.6M +$9.03M +150,145 +14%
PA
9
Planning Alternatives
Michigan
$70.4M +$1.78M +29,628 +3%
UCFA
10
United Capital Financial Advisors
Texas
$53.9M -$4.25M -70,756 -7%
HighTower Advisors
11
HighTower Advisors
Illinois
$53.6M +$5.23M +87,042 +11%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$52.8M +$19M +316,425 +56%
LC
13
Lubar & Co
Wisconsin
$46.7M +$3.91M +65,108 +9%
First Trust Advisors
14
First Trust Advisors
Illinois
$44.5M +$6.47M +107,581 +17%
HIS
15
Harvest Investment Services
Illinois
$43.1M +$32.5M +540,444 +305%
SF
16
Synovus Financial
Georgia
$35.3M +$659K +10,965 +2%
Stifel Financial
17
Stifel Financial
Missouri
$30.8M +$8.83M +146,820 +40%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$28.5M +$1.21M +20,116 +4%
FEG
19
Financial Enhancement Group
Indiana
$28.2M +$16.8M +278,832 +146%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$28.1M -$31.1K -517 -0.1%
SFWA
21
Summit Financial Wealth Advisors
Louisiana
$27.8M +$59K +981 +0.2%
GIA
22
Gladstone Institutional Advisory
Florida
$27.5M +$12.3M +204,105 +80%
PAG
23
Private Advisor Group
New Jersey
$25.1M +$6.43M +106,900 +34%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$23.9M +$1.46M +24,365 +7%
BCI
25
Brinker Capital Investments
Pennsylvania
$23.7M -$270K -4,488 -1%

FTSM Hedge Fund Activity: Q3 2019 in Review

218 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q3 2019, worth a combined $3.19B — up 7.6% from $2.97B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FTSM positions and 17 closed out — a net gain of 8 holders — while 105 added to existing stakes and 65 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $57.9M. The largest seller was Bank of America, cutting an estimated $65M.

  • 218 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q3 2019, up from 211 in Q2 2019.
  • Funds reported $3.19B of First Trust Enhanced Short Maturity ETF stock for Q3 2019, up 7.6% quarter-over-quarter.
  • 25 funds opened new First Trust Enhanced Short Maturity ETF positions in Q3 2019 and 17 closed out, a net change of +8 holders.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q3 2019 was Morgan Stanley, an estimated $57.9M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q3 2019 was Bank of America, an estimated $65M sold.

Based on aggregated 13F filings for Q3 2019.