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First Trust Ultra Short Duration Municipal ETF
FUMB

42 hedge funds and large institutions have $63M invested in First Trust Ultra Short Duration Municipal ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

286% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 7

26% more capital invested

Capital invested by funds: $50M → $63M (+$13.1M)

3.59% more ownership

Funds ownership: 47.18% → 50.77% (+3.6%)

11% less funds holding

Funds holding: 47 → 42 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
42
Holders Change
-5
Holders Change %
-10.64%
% of All Funds
0.74%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
27
Reduced
7
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$3.94M
2
APWM
Atlas Private Wealth Management
New York
+$3.1M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$3.08M
4
RJA
Raymond James & Associates
Florida
+$3.04M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.62M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$3.68M
2
Stifel Financial
Stifel Financial
Missouri
-$1.06M
3
Morgan Stanley
Morgan Stanley
New York
-$577K
4
AC
Avestar Capital
New York
-$504K
5
1IA
1834 Investment Advisors
Wisconsin
-$399K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$483K -$220K -10,912 -31%
BFG
27
Barber Financial Group
Kansas
$457K – – –
AFP
28
Ausdal Financial Partners
Iowa
$411K +$200K +9,908 +95%
JCM
29
Jacobi Capital Management
Pennsylvania
$378K +$50.9K +2,521 +16%
KIG
30
Kowal Investment Group
Wisconsin
$345K -$29.1K -1,441 -8%
MSFS
31
Main Street Financial Solutions
Pennsylvania
$283K – – –
MFS
32
McNamara Financial Services
Massachusetts
$279K – – –
Susquehanna International Group
33
Susquehanna International Group
Pennsylvania
$220K +$220K +10,900 New
BFEC
34
Benjamin F. Edwards & Company
Missouri
$181K +$61.1K +3,030 +51%
UBS Group
35
UBS Group
Switzerland
$129K +$67.1K +3,327 +108%
HI
36
Harbour Investments
Wisconsin
$66K +$66.1K +3,276 New
TAM
37
Tucker Asset Management
Colorado
$30.3K +$5.17K +256 +21%
IA
38
IFP Advisors
Florida
$30K – – –
PFGIA
39
Patriot Financial Group Insurance Agency
Massachusetts
$29K +$2.42K +120 +9%
Rockefeller Capital Management
40
Rockefeller Capital Management
New York
$21K +$20 +1 +0.1%
VRM
41
Vectors Research Management
New York
$17K +$4.92K +244 +43%
Stifel Financial
42
Stifel Financial
Missouri
– -$1.06M -52,432 Closed
AC
43
Avestar Capital
New York
– -$504K -25,000 Closed
1IA
44
1834 Investment Advisors
Wisconsin
– -$399K -19,800 Closed
PIA
45
Perennial Investment Advisors
California
– -$206K -10,214 Closed
Fisher Asset Management
46
Fisher Asset Management
Washington
– -$202K -10,000 Closed
DFA
47
DHJJ Financial Advisors
Illinois
– -$201K -9,950 Closed
NFG
48
Next Financial Group
Texas
– -$192K -9,500 Closed
FPS
49
Fieldpoint Private Securities
Connecticut
– -$1K -30 Closed
Wells Fargo
50
Wells Fargo
California
– -$20 -1 -50%
1
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FUMB Hedge Fund Activity: Q1 2021 in Review

42 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2021, worth a combined $63M — up 26% from $50M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FUMB and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 27 added.

The largest buyer was LPL Financial, adding an estimated $3.94M. The largest seller was Jane Street, cutting an estimated $3.68M.

  • 42 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2021, down from 47 in Q4 2020.
  • Funds reported $63M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2021, up 26% quarter-over-quarter.
  • 3 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2021 and 8 closed out, a net change of -5 holders.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2021 was LPL Financial, an estimated $3.94M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2021 was Jane Street, an estimated $3.68M sold.

Based on aggregated 13F filings for Q1 2021.