Ballast Small/Mid Cap ETF
MGMT
34 hedge funds and large institutions have $88.1M invested in Ballast Small/Mid Cap ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
17% more funds holding
Funds holding: 29 → 34 (+5)
13% more capital invested
Capital invested by funds: $77.9M → $88.1M (+$10.2M)
0.45% more ownership
Funds ownership: 70.63% → 71.09% (+0.45%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Consolidated Planning Corp
Atlanta,
Georgia
|
+$2.31M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$799K |
| 3 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
+$707K |
| 4 |
Rockefeller Capital Management
New York
|
+$692K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hedeker Wealth
Lincolnshire,
Illinois
|
-$1.45M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$615K |
| 3 |
RPG
Resource Planning Group
Atlanta,
Georgia
|
-$615K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$603K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
26
Centric Wealth Management
Chicago,
Illinois
| $387K | +$375K | +10,906 | New |
|
|
RJT
27
Raymond James Trust
St. Petersburg,
Florida
| $370K | +$86.8K | +2,524 | +34% |
|
|
PCIA
28
Prime Capital Investment Advisors
Overland Park,
Kansas
| $262K | +$243K | +7,075 | New |
|
|
SB
29
Strategic Blueprint
Atlanta,
Georgia
| $254K | -$3.78K | -110 | -2% |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $44.6K | +$4.06K | +118 | +11% |
|
31
UBS Group
Zurich,
Switzerland
| $25K | +$16.6K | +482 | +248% |
|
32
Morgan Stanley
New York
| $15.2K | +$14.1K | +410 | New |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| $6.62K | +$6.15K | +179 | New |
|
34
Wells Fargo
San Francisco,
California
| $34 | +$34 | +1 | New |
|
|
SMA
35
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$355K | -10,290 | Closed |
|
MGMT Hedge Fund Activity: Q4 2023 in Review
34 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Ballast Small/Mid Cap ETF (MGMT) for Q4 2023, worth a combined $88.1M — up 13% from $77.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MGMT positions and 1 closed out — a net gain of 5 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Consolidated Planning Corp, adding an estimated $2.31M. The largest seller was Hedeker Wealth, cutting an estimated $1.45M.
- 34 institutional investors held Ballast Small/Mid Cap ETF (MGMT) as of Q4 2023, up from 29 in Q3 2023.
- Funds reported $88.1M of Ballast Small/Mid Cap ETF stock for Q4 2023, up 13% quarter-over-quarter.
- 6 funds opened new Ballast Small/Mid Cap ETF positions in Q4 2023 and 1 closed out, a net change of +5 holders.
- The largest Ballast Small/Mid Cap ETF buyer in Q4 2023 was Consolidated Planning Corp, an estimated $2.31M added.
- The largest Ballast Small/Mid Cap ETF seller in Q4 2023 was Hedeker Wealth, an estimated $1.45M sold.
Based on aggregated 13F filings for Q4 2023.