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First Trust Ultra Short Duration Municipal ETF
FUMB

47 hedge funds and large institutions have $50M invested in First Trust Ultra Short Duration Municipal ETF in 2020 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 5

78% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 9

31% more funds holding

Funds holding: 36 → 47 (+11)

20% more capital invested

Capital invested by funds: $41.6M → $50M (+$8.4M)

2.33% more ownership

Funds ownership: 44.86% → 47.18% (+2.3%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
47
Holders Change
+11
Holders Change %
+30.56%
% of All Funds
0.83%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
17
Increased
16
Reduced
9
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$4.75M
2
HighTower Advisors
HighTower Advisors
Illinois
+$1.06M
3
Stifel Financial
Stifel Financial
Missouri
+$1.06M
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$837K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$828K

Top Sellers

Rank Fund Capital Flow
1
AC
Avestar Capital
New York
-$2.02M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$1.2M
3
Morgan Stanley
Morgan Stanley
New York
-$1.15M
4
OIA
OneDigital Investment Advisors
Kansas
-$659K
5
NFG
Next Financial Group
Texas
-$486K
Name Holding Trade Value Shares
Change 		Change in
Stake
NA
26
NewEdge Advisors
Louisiana
$425K -$8.16K -405 -2%
1IA
27
1834 Investment Advisors
Wisconsin
$399K – – –
SWA
28
Stratos Wealth Advisors
Ohio
$380K +$379K +18,819 New
KIG
29
Kowal Investment Group
Wisconsin
$373K +$373K +18,513 New
T
30
TRUADVICE
Florida
$362K +$362K +17,960 New
JCM
31
Jacobi Capital Management
Pennsylvania
$327K +$50.8K +2,522 +18%
MSFS
32
Main Street Financial Solutions
Pennsylvania
$282K +$282K +14,000 New
MFS
33
McNamara Financial Services
Massachusetts
$278K – – –
AFP
34
Ausdal Financial Partners
Iowa
$211K +$211K +10,457 New
PIA
35
Perennial Investment Advisors
California
$206K +$206K +10,214 New
Fisher Asset Management
36
Fisher Asset Management
Washington
$202K +$202K +10,000 New
DFA
37
DHJJ Financial Advisors
Illinois
$201K +$201K +9,950 New
NFG
38
Next Financial Group
Texas
$192K -$486K -24,119 -72%
BFEC
39
Benjamin F. Edwards & Company
Missouri
$120K – – –
UBS Group
40
UBS Group
Switzerland
$62K +$61.9K +3,072 New
IA
41
IFP Advisors
Florida
$30K +$30.2K +1,500 New
PFGIA
42
Patriot Financial Group Insurance Agency
Massachusetts
$27K -$5.5K -273 -17%
TAM
43
Tucker Asset Management
Colorado
$25.1K +$25.1K +1,245 New
Rockefeller Capital Management
44
Rockefeller Capital Management
New York
$21K +$40 +2 +0.2%
VRM
45
Vectors Research Management
New York
$12K +$11.6K +574 New
FPS
46
Fieldpoint Private Securities
Connecticut
$1K +$605 +30 New
OIA
47
OneDigital Investment Advisors
Kansas
– -$659K -32,710 Closed
Susquehanna International Group
48
Susquehanna International Group
Pennsylvania
– -$208K -10,324 Closed
PFS
49
Prospera Financial Services
Texas
– -$39K -1,950 Closed
Wells Fargo
50
Wells Fargo
California
– -$37.5K -1,862 -100%
1
2
3

FUMB Hedge Fund Activity: Q4 2020 in Review

47 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q4 2020, worth a combined $50M — up 20% from $41.6M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FUMB positions and 5 closed out — a net gain of 12 holders — while 16 added to existing stakes and 9 trimmed.

The largest buyer was Jane Street, adding an estimated $4.75M. The largest seller was Avestar Capital, cutting an estimated $2.02M.

  • 47 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q4 2020, up from 36 in Q3 2020.
  • Funds reported $50M of First Trust Ultra Short Duration Municipal ETF stock for Q4 2020, up 20% quarter-over-quarter.
  • 17 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q4 2020 and 5 closed out, a net change of +12 holders.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q4 2020 was Jane Street, an estimated $4.75M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q4 2020 was Avestar Capital, an estimated $2.02M sold.

Based on aggregated 13F filings for Q4 2020.