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First Trust Enhanced Short Maturity ETF

276 hedge funds and large institutions have $3B invested in First Trust Enhanced Short Maturity ETF in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 135 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 32

2.47% less ownership

Funds ownership: 64.39%61.92% (-2.5%)

3% less funds holding

Funds holding: 284276 (-8)

9% less capital invested

Capital invested by funds: $3.3B → $3B (-$303M)

13% less funds holding in top 10

Funds holding in top 10: 3026 (-4)

34% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 135

Holders
276
Holders Change
-8
Holders Change %
-2.82%
% of All Funds
4.85%
Holding in Top 10
26
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-13.33%
% of All Funds
0.46%
New
29
Increased
89
Reduced
135
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$545M -$53.2M -885,806 -9%
Wells Fargo
2
Wells Fargo
California
$301M -$44.2M -736,001 -13%
Bank of America
3
Bank of America
North Carolina
$218M -$31.1M -517,970 -12%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$169M +$8.34M +139,008 +5%
UBS Group
5
UBS Group
Switzerland
$162M -$22.4M -373,686 -12%
LPL Financial
6
LPL Financial
California
$140M -$5.75M -95,851 -4%
RJA
7
Raymond James & Associates
Florida
$91.4M -$5.49M -91,418 -6%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$83.9M -$19.9M -330,933 -19%
UCFA
9
United Capital Financial Advisors
Texas
$78.7M +$2.9M +48,247 +4%
HighTower Advisors
10
HighTower Advisors
Illinois
$57.5M +$2.37M +39,453 +4%
SF
11
Synovus Financial
Georgia
$49.3M -$2.34M -39,064 -5%
Osaic Holdings
12
Osaic Holdings
Arizona
$48.4M +$2.46M +40,927 +5%
CAG
13
Csenge Advisory Group
Florida
$35.5M +$1.13M +18,798 +3%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$35.4M -$3.39M -56,513 -9%
SG
15
StoneX Group
New York
$34M -$16.3M -272,385 -32%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$30.8M -$1.78M -29,605 -5%
Stifel Financial
17
Stifel Financial
Missouri
$29.5M +$1.27M +21,188 +5%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$27.2M +$13.5M +224,183 +98%
FEG
19
Financial Enhancement Group
Indiana
$26.2M +$8.79M +146,455 +50%
SFWA
20
Summit Financial Wealth Advisors
Louisiana
$25.8M +$632K +10,527 +3%
SPL
21
Smart Portfolios LLC
Washington
$22.3M -$1.45M -24,176 -6%
PNC
22
Park National Corp
Ohio
$22M +$729K +12,145 +3%
Citadel Advisors
23
Citadel Advisors
Florida
$21.2M -$16.3M -271,363 -43%
Cetera Investment Advisers
24
Cetera Investment Advisers
Illinois
$20.8M +$325K +5,410 +2%
PAG
25
Private Advisor Group
New Jersey
$19.8M +$771K +12,840 +4%

FTSM Hedge Fund Activity: Q1 2021 in Review

276 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q1 2021, worth a combined $3B — down 9.2% from $3.3B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of FTSM and 29 opened new positions — a net loss of 3 holders — while 135 trimmed existing stakes and 89 added.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $13.5M. The largest seller was Morgan Stanley, cutting an estimated $53.2M.

  • 276 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q1 2021, down from 284 in Q4 2020.
  • Funds reported $3B of First Trust Enhanced Short Maturity ETF stock for Q1 2021, down 9.2% quarter-over-quarter.
  • 29 funds opened new First Trust Enhanced Short Maturity ETF positions in Q1 2021 and 32 closed out, a net change of -3 holders.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q1 2021 was Cambridge Investment Research Advisors, an estimated $13.5M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q1 2021 was Morgan Stanley, an estimated $53.2M sold.

Based on aggregated 13F filings for Q1 2021.