First Trust Ultra Short Duration Municipal ETF
FUMB
52 hedge funds and large institutions have $132M invested in First Trust Ultra Short Duration Municipal ETF in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 11 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
29% more capital invested
Capital invested by funds: $103M → $132M (+$29.4M)
8.91% more ownership
Funds ownership: 57.54% → 66.45% (+8.9%)
6% more funds holding
Funds holding: 49 → 52 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.2M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.8M |
| 3 |
SAM
Strategy Asset Managers
Pasadena,
California
|
+$3.78M |
| 4 |
Jane Street
New York
|
+$2.21M |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.73M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.74M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.61M |
| 4 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
-$957K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$561K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
51
Global Retirement Partners
San Rafael,
California
| $14K | +$14.2K | +710 | New |
|
|
52
Citadel Advisors
Miami,
Florida
| – | -$7.73M | -383,601 | Closed |
|
|
TJHA
53
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$1.61M | -80,047 | Closed |
|
|
54
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$561K | -27,813 | Closed |
|
|
NFG
55
Norris Financial Group
Greenville,
South Carolina
| – | -$445K | -22,083 | Closed |
|
|
LNC
56
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$429K | -21,257 | Closed |
|
|
SWA
57
Stratos Wealth Advisors
Beachwood,
Ohio
| – | -$348K | -17,239 | Closed |
|
|
KIG
58
Kowal Investment Group
Brookfield,
Wisconsin
| – | -$311K | -15,410 | Closed |
|
|
AWM
59
AE Wealth Management
Topeka,
Kansas
| – | -$251K | -12,440 | Closed |
|
|
5L
60
55I LLC
Boston,
Massachusetts
| – | -$200K | -9,925 | Closed |
|
|
CFCI
61
Comprehensive Financial Consultants Institutional
Bloomington,
Indiana
| – | -$83K | -4,162 | Closed |
|
FUMB Hedge Fund Activity: Q1 2022 in Review
52 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2022, worth a combined $132M — up 29% from $103M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FUMB positions and 11 closed out — a net gain of 4 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $25.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $7.73M sold.
- 52 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2022, up from 49 in Q4 2021.
- Funds reported $132M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2022, up 29% quarter-over-quarter.
- 15 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2022 and 11 closed out, a net change of +4 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2022 was Morgan Stanley, an estimated $25.2M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2022 was Citadel Advisors, an estimated $7.73M sold.
Based on aggregated 13F filings for Q1 2022.