First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
377 hedge funds and large institutions have $3.63B invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2023 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 110 increasing their positions, 191 reducing their positions, and 41 closing their positions.
22% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 41
15.92% more ownership
Funds ownership: 77.08% → 93.01% (+16%)
16% more capital invested
Capital invested by funds: $3.14B → $3.63B (+$488M)
2% more funds holding
Funds holding: 371 → 377 (+6)
14% less funds holding in top 10
Funds holding in top 10: 28 → 24 (-4)
18% less call options, than puts
Call options by funds: $271K | Put options by funds: $329K
42% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 191
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$577M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.4M |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$10.9M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$9.81M |
| 5 |
TC
TAP Consulting
Kirkwood,
Missouri
|
+$9.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$45.1M |
| 2 |
Jane Street
New York
|
-$33.5M |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$22.5M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$14.6M |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$13M |
LMBS Hedge Fund Activity: Q4 2023 in Review
377 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) for Q4 2023, worth a combined $3.63B — up 16% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new LMBS positions and 41 closed out — a net gain of 9 holders — while 110 added to existing stakes and 191 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $577M. The largest seller was Cetera Investment Advisers, cutting an estimated $45.1M.
- 377 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q4 2023, up from 371 in Q3 2023.
- Funds reported $3.63B of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q4 2023, up 16% quarter-over-quarter.
- 50 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q4 2023 and 41 closed out, a net change of +9 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q4 2023 was Morgan Stanley, an estimated $577M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q4 2023 was Cetera Investment Advisers, an estimated $45.1M sold.
Based on aggregated 13F filings for Q4 2023.