First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
9 hedge funds and large institutions have $8.79M invested in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
13% more funds holding
Funds holding: 8 → 9 (+1)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
10.55% less ownership
Funds ownership: 76.36% → 65.82% (-11%)
12% less capital invested
Capital invested by funds: $10M → $8.79M (-$1.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$580K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$275K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$74.6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$1.45M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$141K |
| 3 |
Jane Street
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
1
Cardan Capital Partners
Denver,
Colorado
| $4.8M | -$1.45M | -79,785 | -23% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.67M | +$8.21K | +453 | +0.3% |
|
|
VF
3
Virtu Financial
New York
| $570K | +$580K | +31,972 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $271K | +$275K | +15,182 | New |
|
|
5
Jane Street
New York
| $188K | -$101K | -5,546 | -34% |
|
|
RIA
6
Regal Investment Advisors
Kentwood,
Michigan
| $185K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $95K | +$74.6K | +4,114 | +332% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $12K | – | – | – |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
FAAS
10
First Allied Advisory Services
San Diego,
California
| – | -$141K | -7,319 | Closed |
|
MFLX Hedge Fund Activity: Q1 2018 in Review
9 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) for Q1 2018, worth a combined $8.79M — down 12% from $10M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MFLX positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $580K. The largest seller was Cardan Capital Partners, cutting an estimated $1.45M.
- 9 institutional investors held First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF (MFLX) as of Q1 2018, up from 8 in Q4 2017.
- Funds reported $8.79M of First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF stock for Q1 2018, down 12% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF positions in Q1 2018 and 1 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF buyer in Q1 2018 was Virtu Financial, an estimated $580K added.
- The largest First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF seller in Q1 2018 was Cardan Capital Partners, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2018.