FT Vest US Small Cap Moderate Buffer ETF May
SMAY
28 hedge funds and large institutions have $16.4M invested in FT Vest US Small Cap Moderate Buffer ETF May in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
17% more funds holding
Funds holding: 24 → 28 (+4)
20.04% less ownership
Funds ownership: 75.31% → 55.27% (-20%)
28% less capital invested
Capital invested by funds: $23M → $16.4M (-$6.54M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$845K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$599K |
| 3 |
AWS
Atria Wealth Solutions
New York
|
+$323K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$220K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
-$5.52M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$1.31M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$980K |
| 4 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
-$687K |
| 5 |
Jane Street
New York
|
-$544K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $8.98K | -$23K | -1,117 | -73% |
|
|
PS
27
Principal Securities
Des Moines,
Iowa
| $7.46K | +$6.97K | +339 | New |
|
28
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $5K | – | – | – |
|
|
FIA
29
Foundations Investment Advisors
Phoenix,
Arizona
| – | -$1.31M | -64,242 | Closed |
|
|
AWM
30
AE Wealth Management
Topeka,
Kansas
| – | -$980K | -48,209 | Closed |
|
|
31
Jane Street
New York
| – | -$544K | -26,760 | Closed |
|
32
Goldman Sachs
New York
| – | -$308K | -15,137 | Closed |
|
SMAY Hedge Fund Activity: Q4 2023 in Review
28 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Small Cap Moderate Buffer ETF May (SMAY) for Q4 2023, worth a combined $16.4M — down 28% from $23M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SMAY positions and 4 closed out — a net gain of 4 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $845K. The largest seller was L.J. Altfest & Co, cutting an estimated $5.52M.
- 28 institutional investors held FT Vest US Small Cap Moderate Buffer ETF May (SMAY) as of Q4 2023, up from 24 in Q3 2023.
- Funds reported $16.4M of FT Vest US Small Cap Moderate Buffer ETF May stock for Q4 2023, down 28% quarter-over-quarter.
- 8 funds opened new FT Vest US Small Cap Moderate Buffer ETF May positions in Q4 2023 and 4 closed out, a net change of +4 holders.
- The largest FT Vest US Small Cap Moderate Buffer ETF May buyer in Q4 2023 was LPL Financial, an estimated $845K added.
- The largest FT Vest US Small Cap Moderate Buffer ETF May seller in Q4 2023 was L.J. Altfest & Co, an estimated $5.52M sold.
Based on aggregated 13F filings for Q4 2023.