We are live on ! Find out more
FUMB icon

First Trust Ultra Short Duration Municipal ETF
FUMB

90 hedge funds and large institutions have $172M invested in First Trust Ultra Short Duration Municipal ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 46 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

2% more funds holding

Funds holding: 88 → 90 (+2)

0.11% more ownership

Funds ownership: 67.6% → 67.71% (+0.11%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

11% less capital invested

Capital invested by funds: $192M → $172M (-$20.5M)

59% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 46

Holders
90
Holders Change
+2
Holders Change %
+2.27%
% of All Funds
1.43%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
9
Increased
19
Reduced
46
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Osaic Holdings
Osaic Holdings
Arizona
+$1.8M
2
Comerica Bank
Comerica Bank
Texas
+$584K
3
DAS
Dynamic Advisor Solutions
Arizona
+$476K
4
KAS
Kestra Advisory Services
Texas
+$459K
5
APWM
Atlas Private Wealth Management
New York
+$342K

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$11.1M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$2.17M
3
GIA
Gladstone Institutional Advisory
Florida
-$1.71M
4
Rockefeller Capital Management
Rockefeller Capital Management
New York
-$1.62M
5
Morgan Stanley
Morgan Stanley
New York
-$1.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$1.06M +$167K +8,383 +19%
VWA
27
Visionary Wealth Advisors
Illinois
$1.06M -$134K -6,701 -11%
GA
28
GSG Advisors
New Jersey
$1.04M +$1.04M +52,090 New
HighTower Advisors
29
HighTower Advisors
Illinois
$1.02M -$124K -6,227 -11%
Cetera Investment Advisers
30
Cetera Investment Advisers
Illinois
$999K -$752K -37,667 -43%
SPIA
31
Steward Partners Investment Advisory
New York
$999K +$20K +1,000 +2%
WIM
32
Westside Investment Management
California
$996K – – –
MP
33
McDonald Partners
Ohio
$976K -$417K -20,900 -30%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$951K -$2.81K -141 -0.3%
Jane Street
35
Jane Street
New York
$883K -$11.1M -556,520 -93%
SPC
36
Sigma Planning Corp
Michigan
$810K -$143K -7,168 -15%
Envestnet Portfolio Solutions
37
Envestnet Portfolio Solutions
Illinois
$756K +$758K +37,965 New
EH
38
Equitable Holdings
New York
$747K -$3.49K -175 -0.5%
SI
39
Stephens Inc
Arkansas
$707K – – –
TCOO
40
Trust Company of Oklahoma
Oklahoma
$690K +$115K +5,784 +20%
GIA
41
Gladstone Institutional Advisory
Florida
$685K -$1.71M -85,853 -71%
Envestnet Asset Management
42
Envestnet Asset Management
Illinois
$600K -$738K -36,949 -55%
OAM
43
Occidental Asset Management
California
$595K +$71.7K +3,594 +14%
Comerica Bank
44
Comerica Bank
Texas
$582K +$584K +29,235 New
FAIM
45
Financial Advocates Investment Management
Washington
$579K +$11K +551 +2%
CCM
46
Chilton Capital Management
Texas
$498K – – –
CAG
47
Csenge Advisory Group
Florida
$498K – – –
KPWS
48
Kestra Private Wealth Services
Texas
$486K -$192K -9,625 -28%
AAS
49
Avantax Advisory Services
Texas
$485K -$8.34K -418 -2%
OPOWM
50
One Plus One Wealth Management
Florida
$477K -$4.99K -250 -1%
1
2
3 4

FUMB Hedge Fund Activity: Q3 2023 in Review

90 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q3 2023, worth a combined $172M — down 11% from $192M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FUMB positions and 7 closed out — a net gain of 2 holders — while 19 added to existing stakes and 46 trimmed.

The largest buyer was Osaic Holdings, adding an estimated $1.8M. The largest seller was Jane Street, cutting an estimated $11.1M.

  • 90 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q3 2023, up from 88 in Q2 2023.
  • Funds reported $172M of First Trust Ultra Short Duration Municipal ETF stock for Q3 2023, down 11% quarter-over-quarter.
  • 9 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q3 2023 and 7 closed out, a net change of +2 holders.
  • The largest First Trust Ultra Short Duration Municipal ETF buyer in Q3 2023 was Osaic Holdings, an estimated $1.8M added.
  • The largest First Trust Ultra Short Duration Municipal ETF seller in Q3 2023 was Jane Street, an estimated $11.1M sold.

Based on aggregated 13F filings for Q3 2023.