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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.8M |
| 2 |
Comerica Bank
Dallas,
Texas
|
+$584K |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$476K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$459K |
| 5 |
APWM
Atlas Private Wealth Management
Albany,
New York
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$11.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.17M |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.71M |
| 4 |
Rockefeller Capital Management
New York
|
-$1.62M |
| 5 |
Morgan Stanley
New York
|
-$1.5M |
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.