First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
379 hedge funds and large institutions have $3.04B invested in First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 108 increasing their positions, 194 reducing their positions, and 41 closing their positions.
24% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 41
2% more funds holding
Funds holding: 372 → 379 (+7)
0.72% more ownership
Funds ownership: 77.15% → 77.87% (+0.72%)
3% less capital invested
Capital invested by funds: $3.14B → $3.04B (-$105M)
14% less funds holding in top 10
Funds holding in top 10: 28 → 24 (-4)
18% less call options, than puts
Call options by funds: $271K | Put options by funds: $329K
44% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.4M |
| 2 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$10.9M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$9.81M |
| 4 |
TC
TAP Consulting
Kirkwood,
Missouri
|
+$9.39M |
| 5 |
EC
EdgeRock Capital
Denver,
Colorado
|
+$6.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$45.1M |
| 2 |
Jane Street
New York
|
-$33.5M |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$22.5M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$14.6M |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$13M |
LMBS Hedge Fund Activity: Q4 2023 in Review
379 of the 6,869 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 2023, worth a combined $3.04B — down 3.3% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new LMBS positions and 41 closed out — a net gain of 10 holders — while 108 added to existing stakes and 194 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $29.4M. The largest seller was Cetera Investment Advisers, cutting an estimated $45.1M.
- 379 institutional investors held First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF (LMBS) as of Q4 2023, up from 372 in Q3 2023.
- Funds reported $3.04B of First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF stock for Q4 2023, down 3.3% quarter-over-quarter.
- 51 funds opened new First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF positions in Q4 2023 and 41 closed out, a net change of +10 holders.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF buyer in Q4 2023 was Royal Bank of Canada, an estimated $29.4M added.
- The largest First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF seller in Q4 2023 was Cetera Investment Advisers, an estimated $45.1M sold.
Based on aggregated 13F filings for Q4 2023.