First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
377 hedge funds and large institutions have $3.56B invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 128 increasing their positions, 181 reducing their positions, and 28 closing their positions.
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
0.69% more ownership
Funds ownership: 75.39% → 76.09% (+0.69%)
1% less funds holding
Funds holding: 379 → 377 (-2)
6% less funds holding in top 10
Funds holding in top 10: 31 → 29 (-2)
29% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 181
31% less capital invested
Capital invested by funds: $5.15B → $3.56B (-$1.59B)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$24.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$21.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$20.2M |
| 4 |
Morgan Stanley
New York
|
+$13.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
-$53.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$19.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$13.9M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$12.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.5M |
LMBS Hedge Fund Activity: Q1 2023 in Review
377 of the 6,275 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 Q1 2023, worth a combined $3.56B — down 31% from $5.15B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new LMBS positions and 28 closed out — a net gain of 6 holders — while 128 added to existing stakes and 181 trimmed.
The largest buyer was Stephens Inc, adding an estimated $24.4M. The largest seller was Independent Financial Group, cutting an estimated $53.4M.
- 377 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q1 2023, down from 379 in Q4 2022.
- Funds reported $3.56B of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q1 2023, down 31% quarter-over-quarter.
- 34 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q1 2023 and 28 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q1 2023 was Stephens Inc, an estimated $24.4M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q1 2023 was Independent Financial Group, an estimated $53.4M sold.
Based on aggregated 13F filings for Q1 2023.