First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
79 hedge funds and large institutions have $340M invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 12 reducing their positions, and 8 closing their positions.
258% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 12
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
27% more capital invested
Capital invested by funds: $268M → $340M (+$72.7M)
13% more funds holding
Funds holding: 70 → 79 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
21.15% less ownership
Funds ownership: 76.75% → 55.6% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$18.4M |
| 2 |
Morgan Stanley
New York
|
+$9.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.48M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.83M |
| 5 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$8.84M |
| 2 |
Jane Street
New York
|
-$3.8M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.99M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.85M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.79M |
LMBS Hedge Fund Activity: Q2 2017 in Review
79 of the 4,022 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 Q2 2017, worth a combined $340M — up 27% from $268M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new LMBS positions and 8 closed out — a net gain of 9 holders — while 43 added to existing stakes and 12 trimmed.
The largest buyer was Pinnacle Advisory Group, adding an estimated $18.4M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $8.84M sold.
- 79 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q2 2017, up from 70 in Q1 2017.
- Funds reported $340M of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q2 2017, up 27% quarter-over-quarter.
- 17 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q2 2017 and 8 closed out, a net change of +9 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q2 2017 was Pinnacle Advisory Group, an estimated $18.4M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q2 2017 was Flow Traders U.S., an estimated $8.84M sold.
Based on aggregated 13F filings for Q2 2017.