First Trust Ultra Short Duration Municipal ETF
FUMB
40 hedge funds and large institutions have $85.8M invested in First Trust Ultra Short Duration Municipal ETF in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
36% more capital invested
Capital invested by funds: $63M → $85.8M (+$22.7M)
4.78% more ownership
Funds ownership: 50.77% → 55.55% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 42 → 40 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$11.7M |
| 2 |
SAM
Strategy Asset Managers
Pasadena,
California
|
+$3.77M |
| 3 |
Morgan Stanley
New York
|
+$3.7M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.28M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$827K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.08M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$559K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$493K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$483K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$403K |
FUMB Hedge Fund Activity: Q2 2021 in Review
40 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Ultra Short Duration Municipal ETF (FUMB) for Q2 2021, worth a combined $85.8M — up 36% from $63M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FUMB and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 21 added.
The largest buyer was HighTower Advisors, adding an estimated $11.7M. The largest seller was Jane Street, cutting an estimated $1.08M.
- 40 institutional investors held First Trust Ultra Short Duration Municipal ETF (FUMB) as of Q2 2021, down from 42 in Q1 2021.
- Funds reported $85.8M of First Trust Ultra Short Duration Municipal ETF stock for Q2 2021, up 36% quarter-over-quarter.
- 4 funds opened new First Trust Ultra Short Duration Municipal ETF positions in Q2 2021 and 6 closed out, a net change of -2 holders.
- The largest First Trust Ultra Short Duration Municipal ETF buyer in Q2 2021 was HighTower Advisors, an estimated $11.7M added.
- The largest First Trust Ultra Short Duration Municipal ETF seller in Q2 2021 was Jane Street, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2021.