First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
50 hedge funds and large institutions have $202M invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 6 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
317% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 6
73% more capital invested
Capital invested by funds: $117M → $202M (+$85.1M)
57.43% more ownership
Funds ownership: 0% → 57.43% (+57%)
39% more funds holding
Funds holding: 36 → 50 (+14)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$38.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$10.1M |
| 3 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$9.89M |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$3.85M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$3.68M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Envestnet Asset Management
Chicago,
Illinois
| – | -$1.41M | -26,922 | Closed |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| – | -$556K | -10,600 | Closed |
|
|
LI
53
LVZ Inc
Holland,
Michigan
| – | -$244K | -4,664 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$2K | -31 | Closed |
|
LMBS Hedge Fund Activity: Q4 2016 in Review
50 of the 4,000 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 2016, worth a combined $202M — up 73% from $117M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new LMBS positions and 4 closed out — a net gain of 14 holders — while 25 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $38.3M. The largest seller was Bank of America, cutting an estimated $8.28M.
- 50 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $202M of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q4 2016, up 73% quarter-over-quarter.
- 18 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q4 2016 and 4 closed out, a net change of +14 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q4 2016 was Morgan Stanley, an estimated $38.3M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q4 2016 was Bank of America, an estimated $8.28M sold.
Based on aggregated 13F filings for Q4 2016.