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First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 3650 (+14)

Holders
50
Holders Change
+14
Holders Change %
+38.89%
% of All Funds
1.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
25
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$74.3M +$38.3M +730,224 +105%
LPL Financial
2
LPL Financial
California
$17.1M +$10.1M +192,360 +143%
Bank of America
3
Bank of America
North Carolina
$11.9M -$8.28M -157,731 -41%
MIAN
4
Mariner Independent Advisor Network
Kansas
$10.6M +$9.89M +188,476 +1,234%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$6.7M +$2.06M +39,210 +44%
FIM
6
Freedom Investment Management
Connecticut
$6.46M +$1.22M +23,265 +23%
MMA
7
Miracle Mile Advisors
California
$5.11M +$3.85M +73,329 +298%
BTS
8
BB&T Securities
Virginia
$4.63M
BFG
9
Beacon Financial Group
Texas
$4.6M +$1.38M +26,341 +43%
FAAS
10
First Allied Advisory Services
California
$4.5M +$1.88M +35,836 +71%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$4.48M +$2.28M +43,477 +102%
Stifel Financial
12
Stifel Financial
Missouri
$4.35M +$3.68M +70,055 +528%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$3.59M +$1.46M +27,752 +67%
FTUS
14
Flow Traders U.S.
New York
$3.53M -$487K -9,277 -12%
SIM
15
SSI Investment Management
California
$3.49M +$3.52M +66,971 New
IH
16
IFC Holdings
Florida
$3.37M +$3.19M +60,764 +1,589%
GWM
17
Geneos Wealth Management
Colorado
$3.36M -$108K -2,056 -3%
MFS
18
MSI Financial Services
Massachusetts
$3.17M +$1.83M +34,838 +135%
SCA
19
Snowden Capital Advisors
New York
$2.98M -$622K -11,845 -17%
AG
20
Advisor Group
Arizona
$2.51M +$1.73M +33,007 +220%
FHC
21
First Heartland Consultants
Missouri
$2.44M +$8.87K +169 +0.4%
FCAG
22
First Capital Advisors Group
New Jersey
$2.22M +$2.24M +42,588 New
BWM
23
BerganKDV Wealth Management
Minnesota
$2.11M +$442K +8,414 +26%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$1.56M +$432K +8,221 +38%
NPC
25
National Planning Corporation
California
$1.22M +$1.23M +23,415 New

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.