First Trust Multi-Manager Small Cap Opportunities ETF
MMSC
18 hedge funds and large institutions have $32.8M invested in First Trust Multi-Manager Small Cap Opportunities ETF in 2026 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
6% more funds holding
Funds holding: 17 → 18 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
5% less capital invested
Capital invested by funds: $34.6M → $32.8M (-$1.78M)
20.2% less ownership
Funds ownership: 78.48% → 58.28% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$403K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$361K |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$335K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$253K |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Manchester Financial
Westlake Village,
California
|
-$646K |
| 2 |
TLP
Trinity Legacy Partners
Houston,
Texas
|
-$499K |
| 3 |
BIG
Brookwood Investment Group
Phoenix,
Arizona
|
-$209K |
| 4 |
VEM
Vann Equity Management
Plano,
Texas
|
-$33.2K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$26.5K |
MMSC Hedge Fund Activity: Q2 2026 in Review
18 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) for Q2 2026, worth a combined $32.8M — down 5.2% from $34.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MMSC positions and 1 closed out — a net gain of 3 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $403K. The largest seller was Manchester Financial, cutting an estimated $646K.
- 18 institutional investors held First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) as of Q2 2026, up from 17 in Q1 2026.
- Funds reported $32.8M of First Trust Multi-Manager Small Cap Opportunities ETF stock for Q2 2026, down 5.2% quarter-over-quarter.
- 4 funds opened new First Trust Multi-Manager Small Cap Opportunities ETF positions in Q2 2026 and 1 closed out, a net change of +3 holders.
- The largest First Trust Multi-Manager Small Cap Opportunities ETF buyer in Q2 2026 was Osaic Holdings, an estimated $403K added.
- The largest First Trust Multi-Manager Small Cap Opportunities ETF seller in Q2 2026 was Manchester Financial, an estimated $646K sold.
Based on aggregated 13F filings for Q2 2026.