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First Trust Enhanced Short Maturity ETF

416 hedge funds and large institutions have $6.24B invested in First Trust Enhanced Short Maturity ETF in 2023 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 110 increasing their positions, 209 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 33

14% more capital invested

Capital invested by funds: $5.48B → $6.24B (+$762M)

12.49% more ownership

Funds ownership: 73.96%86.45% (+12%)

10% more funds holding in top 10

Funds holding in top 10: 4044 (+4)

7% more funds holding

Funds holding: 390416 (+26)

47% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 209

Holders
416
Holders Change
+26
Holders Change %
+6.67%
% of All Funds
6.07%
Holding in Top 10
44
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+10%
% of All Funds
0.64%
New
61
Increased
110
Reduced
209
Closed
33
Calls
$28K
Puts
Net Calls
+$28K
Net Calls Change
+$28K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.67B +$800M +13,411,565 +92%
Wells Fargo
2
Wells Fargo
California
$516M -$57.8M -970,180 -10%
LPL Financial
3
LPL Financial
California
$507M -$13.3M -222,601 -3%
UBS Group
4
UBS Group
Switzerland
$263M -$12.3M -206,529 -4%
Bank of America
5
Bank of America
North Carolina
$203M -$21.3M -357,703 -10%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$184M +$14.9M +250,534 +9%
Osaic Holdings
7
Osaic Holdings
Arizona
$162M -$47.4M -795,596 -23%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$134M -$3.96M -66,367 -3%
First Trust Advisors
9
First Trust Advisors
Illinois
$103M +$92M +1,543,108 +821%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$89.4M -$4.94M -82,882 -5%
TAM
11
Tucker Asset Management
Colorado
$79.6M -$1.99M -33,359 -2%
Renaissance Technologies
12
Renaissance Technologies
New York
$77.5M +$27.1M +454,800 +54%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$70.7M -$7.42M -124,532 -10%
CA
14
Cetera Advisors
Colorado
$70M -$3.84M -64,349 -5%
RJA
15
Raymond James & Associates
Florida
$69.1M -$981K -16,457 -1%
CAG
16
Csenge Advisory Group
Florida
$59.4M +$1.97M +33,059 +3%
PFS
17
Prospera Financial Services
Texas
$59M +$11.7M +196,989 +25%
Stifel Financial
18
Stifel Financial
Missouri
$56.5M -$18.1M -303,317 -24%
CAS
19
Coppell Advisory Solutions
Texas
$53.5M +$32.6M +546,978 +156%
IA
20
IFP Advisors
Florida
$43.7M -$9.13M -153,073 -17%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$41.1M -$15.8M -264,571 -28%
Mariner
22
Mariner
Kansas
$40.8M -$7.26M -121,723 -15%
HAFG
23
Hansen & Associates Financial Group
California
$36.6M +$36.5M +612,040 New
GI
24
Gradient Investments
Minnesota
$36.3M -$3.93M -65,899 -10%
AI
25
Atria Investments
North Carolina
$34.2M +$754K +12,646 +2%

FTSM Hedge Fund Activity: Q4 2023 in Review

416 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Short Maturity ETF (FTSM) for Q4 2023, worth a combined $6.24B — up 14% from $5.48B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new FTSM positions and 33 closed out — a net gain of 28 holders — while 110 added to existing stakes and 209 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $800M. The largest seller was Wells Fargo, cutting an estimated $57.8M.

  • 416 institutional investors held First Trust Enhanced Short Maturity ETF (FTSM) as of Q4 2023, up from 390 in Q3 2023.
  • Funds reported $6.24B of First Trust Enhanced Short Maturity ETF stock for Q4 2023, up 14% quarter-over-quarter.
  • 61 funds opened new First Trust Enhanced Short Maturity ETF positions in Q4 2023 and 33 closed out, a net change of +28 holders.
  • The largest First Trust Enhanced Short Maturity ETF buyer in Q4 2023 was Morgan Stanley, an estimated $800M added.
  • The largest First Trust Enhanced Short Maturity ETF seller in Q4 2023 was Wells Fargo, an estimated $57.8M sold.

Based on aggregated 13F filings for Q4 2023.