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

106 hedge funds and large institutions have $556M invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2017 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 47 increasing their positions, 23 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 10

104% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 23

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

25% more funds holding

Funds holding: 85106 (+21)

22% more capital invested

Capital invested by funds: $454M → $556M (+$102M)

10.74% more ownership

Funds ownership: 57.26%68% (+11%)

Holders
106
Holders Change
+21
Holders Change %
+24.71%
% of All Funds
2.4%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
31
Increased
47
Reduced
23
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$156M +$17.5M +336,941 +13%
WI
2
WBI Investments
New Jersey
$43.2M +$43.4M +836,473 New
UBS Group
3
UBS Group
Switzerland
$41.7M +$18.2M +350,096 +76%
Bank of America
4
Bank of America
North Carolina
$28.8M +$5.65M +108,948 +24%
PAG
5
Pinnacle Advisory Group
Maryland
$26.4M +$791K +15,263 +3%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$24.4M +$10.5M +202,497 +75%
LPL Financial
7
LPL Financial
California
$18M -$1.32M -25,517 -7%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$17.4M +$3.79M +73,100 +28%
UCFA
9
United Capital Financial Advisors
Texas
$16.8M +$1.74M +33,605 +12%
AWMS
10
Advocacy Wealth Management Services
Georgia
$14.4M -$21.3M -410,479 -60%
MMA
11
Miracle Mile Advisors
California
$11.4M +$425K +8,189 +4%
RJA
12
Raymond James & Associates
Florida
$7.76M -$2.18M -42,082 -22%
BFG
13
Beacon Financial Group
Texas
$7.35M -$272K -5,248 -4%
FIM
14
Freedom Investment Management
Connecticut
$6.96M -$129K -2,495 -2%
EIA
15
Eldridge Investment Advisors
New Hampshire
$6.5M +$6.52M +125,763 New
Stifel Financial
16
Stifel Financial
Missouri
$6.48M +$1.06M +20,500 +20%
SI
17
SII Investments
Wisconsin
$6.45M -$361K -6,970 -5%
Citigroup
18
Citigroup
New York
$5.85M +$2.2M +42,486 +60%
BFG
19
Barber Financial Group
Kansas
$5.29M +$5.31M +102,410 New
SIM
20
SSI Investment Management
California
$5.22M +$321K +6,190 +7%
FCAG
21
First Capital Advisors Group
New Jersey
$5.17M +$579K +11,163 +13%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$4.88M +$2.12M +40,883 +76%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$4.62M +$1.08M +20,836 +30%
MML Investors Services
24
MML Investors Services
Massachusetts
$4.26M -$177K -3,412 -4%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$4.24M +$290K +5,587 +7%

LMBS Hedge Fund Activity: Q4 2017 in Review

106 of the 4,409 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 2017, worth a combined $556M — up 22% from $454M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new LMBS positions and 10 closed out — a net gain of 21 holders — while 47 added to existing stakes and 23 trimmed.

The largest buyer was WBI Investments, opening a new position worth an estimated $43.4M. The largest seller was Advocacy Wealth Management Services, cutting an estimated $21.3M.

  • 106 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q4 2017, up from 85 in Q3 2017.
  • Funds reported $556M of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q4 2017, up 22% quarter-over-quarter.
  • 31 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q4 2017 and 10 closed out, a net change of +21 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q4 2017 was WBI Investments, an estimated $43.4M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q4 2017 was Advocacy Wealth Management Services, an estimated $21.3M sold.

Based on aggregated 13F filings for Q4 2017.