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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.75M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$1.06M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.06M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$837K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$828K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Avestar Capital
New York
|
-$2.02M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.2M |
| 3 |
Morgan Stanley
New York
|
-$1.15M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$659K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$486K |
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.