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

145 hedge funds and large institutions have $1.01B invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 76 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

317% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 6

181% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 27

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

17% more capital invested

Capital invested by funds: $864M → $1.01B (+$147M)

15% more funds holding

Funds holding: 126145 (+19)

2.06% less ownership

Funds ownership: 65.06%63.01% (-2.1%)

Holders
145
Holders Change
+19
Holders Change %
+15.08%
% of All Funds
3.32%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.16%
New
25
Increased
76
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$221M +$20.2M +395,612 +10%
Bank of America
2
Bank of America
North Carolina
$112M +$8.55M +167,255 +8%
UBS Group
3
UBS Group
Switzerland
$99.9M +$22.8M +446,423 +29%
Wells Fargo
4
Wells Fargo
California
$80.9M +$10.6M +206,509 +15%
LPL Financial
5
LPL Financial
California
$60.7M +$7.75M +151,605 +15%
UCFA
6
United Capital Financial Advisors
Texas
$37.3M +$5.15M +100,655 +16%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$25.7M +$1.64M +32,152 +7%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$21.1M +$257K +5,023 +1%
CWM
9
Cornerstone Wealth Management
Missouri
$19.7M -$1.52M -29,699 -3%
RJA
10
Raymond James & Associates
Florida
$19M +$598K +11,688 +3%
AWMS
11
Advocacy Wealth Management Services
Georgia
$16.5M +$923K +18,055 +6%
Stifel Financial
12
Stifel Financial
Missouri
$15.5M +$6.76M +132,293 +77%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$15.5M +$10.5M +205,623 +209%
MMA
14
Miracle Mile Advisors
California
$13.6M -$113K -2,217 -0.8%
LFAS
15
Level Four Advisory Services
Texas
$11.1M +$1.85M +36,216 +20%
FAM
16
Flaharty Asset Management
Florida
$9.3M -$405K -7,917 -4%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$9.22M +$2.53M +49,542 +38%
Jane Street
18
Jane Street
New York
$8.75M +$6.21M +121,379 +241%
GBT
19
Grove Bank & Trust
Florida
$8.43M +$7.19M +140,681 +570%
BFG
20
Beacon Financial Group
Texas
$8.33M -$181K -3,543 -2%
MML Investors Services
21
MML Investors Services
Massachusetts
$7.69M +$1.97M +38,472 +34%
WI
22
Wintrust Investments
Illinois
$7.65M +$758K +14,816 +11%
PA
23
Prism Advisors
California
$7.54M +$1.23M +24,105 +19%
FIM
24
Freedom Investment Management
Connecticut
$7.49M -$81.2K -1,589 -1%
BCP
25
Blackhawk Capital Partners
Wisconsin
$7.08M +$7.1M +138,898 New

LMBS Hedge Fund Activity: Q3 2018 in Review

145 of the 4,374 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 Q3 2018, worth a combined $1.01B — up 17% from $864M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new LMBS positions and 6 closed out — a net gain of 19 holders — while 76 added to existing stakes and 27 trimmed.

The largest buyer was UBS Group, adding an estimated $22.8M. The largest seller was Cornerstone Wealth Management, cutting an estimated $1.52M.

  • 145 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q3 2018, up from 126 in Q2 2018.
  • Funds reported $1.01B of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q3 2018, up 17% quarter-over-quarter.
  • 25 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q3 2018 and 6 closed out, a net change of +19 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q3 2018 was UBS Group, an estimated $22.8M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $1.52M sold.

Based on aggregated 13F filings for Q3 2018.