First Trust Ultra Short Duration Municipal ETF
FUMB
90 hedge funds and large institutions have $208M invested in First Trust Ultra Short Duration Municipal ETF in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
7% more funds holding
Funds holding: 84 → 90 (+6)
0.22% more ownership
Funds ownership: 61.78% → 62% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $211M → $208M (-$3.6M)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
Top Buyers
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$4.03M |
| 2 |
Jane Street
New York
|
+$4.02M |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$1.32M |
| 4 |
APWM
Atlas Private Wealth Management
Albany,
New York
|
+$1.3M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.14M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$10.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.27M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.71M |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$1.29M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.04M |
FUMB Hedge Fund Activity: Q1 2023 in Review
90 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q1 2023, worth a combined $208M — down 1.7% from $211M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FUMB positions and 7 closed out — a net gain of 7 holders — while 32 added to existing stakes and 35 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $4.03M. The largest seller was Morgan Stanley, cutting an estimated $10.2M.
- 90 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q1 2023, up from 84 in Q4 2022.
- Funds reported $208M of First Trust Ultra Short Duration Municipal ETF stock for Q1 2023, down 1.7% quarter-over-quarter.
- 14 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q1 2023 and 7 closed out, a net change of +7 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q1 2023 was Flow Traders U.S., an estimated $4.03M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q1 2023 was Morgan Stanley, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2023.