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

198 hedge funds and large institutions have $1.56B invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2019 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 99 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

330% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 10

154% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 39

23% more capital invested

Capital invested by funds: $1.27B → $1.56B (+$296M)

17% more funds holding

Funds holding: 169198 (+29)

0.82% less ownership

Funds ownership: 62.45%61.63% (-0.82%)

7% less funds holding in top 10

Funds holding in top 10: 1413 (-1)

Holders
198
Holders Change
+29
Holders Change %
+17.16%
% of All Funds
4.29%
Holding in Top 10
13
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.14%
% of All Funds
0.28%
New
43
Increased
99
Reduced
39
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
$297M +$48.9M +954,859 +20%
Wells Fargo
2
Wells Fargo
California
$156M +$32.6M +637,181 +27%
Bank of America
3
Bank of America
North Carolina
$155M +$14.4M +280,898 +10%
UBS Group
4
UBS Group
Switzerland
$134M +$25.4M +497,284 +24%
LPL Financial
5
LPL Financial
California
$78.9M +$14.1M +276,138 +22%
UCFA
6
United Capital Financial Advisors
Texas
$51.7M +$5.3M +103,663 +11%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$32.9M +$3.18M +62,118 +11%
RJA
8
Raymond James & Associates
Florida
$27.4M +$2.36M +46,195 +9%
TCM
9
TD Capital Management
Tennessee
$26.5M +$7.99M +156,146 +43%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$25.5M +$9.48M +185,190 +59%
SBL
11
Sargent Bickham Lagudis
Colorado
$24.1M +$2.24M +43,745 +10%
AFA
12
American Financial Advisors
Georgia
$23.4M +$23M +449,553 +6,787%
3AM
13
3D Asset Management
Connecticut
$20.4M +$20.4M +398,761 New
RBA
14
Richard Bernstein Advisors
New York
$20.1M +$20.1M +392,637 New
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$19.9M +$8.49M +165,848 +75%
MMA
16
Miracle Mile Advisors
California
$19.5M +$3.97M +77,570 +26%
CWSR
17
Chessman Wealth Strategies RIA
Texas
$18.6M +$18.6M +363,473 New
Stifel Financial
18
Stifel Financial
Missouri
$18.6M +$1.01M +19,806 +6%
LFAS
19
Level Four Advisory Services
Texas
$15.8M +$1.93M +37,705 +14%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$15.6M -$644K -12,596 -4%
FAM
21
Flaharty Asset Management
Florida
$15.4M +$6.59M +128,865 +75%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$14.5M +$2.8M +54,760 +24%
HSA
23
HBK Sorce Advisory
Pennsylvania
$13.7M +$13.6M +266,344 New
MML Investors Services
24
MML Investors Services
Massachusetts
$12.4M +$3.53M +69,018 +40%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$12.4M +$1.66M +32,399 +15%

LMBS Hedge Fund Activity: Q1 2019 in Review

198 of the 4,620 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 2019, worth a combined $1.56B — up 23% from $1.27B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new LMBS positions and 10 closed out — a net gain of 33 holders — while 99 added to existing stakes and 39 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $48.9M. The largest seller was Arlington Financial Advisors, exiting entirely with an estimated $25.9M sold.

  • 198 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q1 2019, up from 169 in Q4 2018.
  • Funds reported $1.56B of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q1 2019, up 23% quarter-over-quarter.
  • 43 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q1 2019 and 10 closed out, a net change of +33 holders.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q1 2019 was Morgan Stanley, an estimated $48.9M added.
  • The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q1 2019 was Arlington Financial Advisors, an estimated $25.9M sold.

Based on aggregated 13F filings for Q1 2019.