FT Vest US Small Cap Moderate Buffer ETF May
SMAY
52 hedge funds and large institutions have $36.7M invested in FT Vest US Small Cap Moderate Buffer ETF May in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 9 closing their positions.
4% less capital invested
Capital invested by funds: $38.2M → $36.7M (-$1.49M)
4.82% less ownership
Funds ownership: 53.15% → 48.32% (-4.8%)
5% less funds holding
Funds holding: 55 → 52 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MW
Maia Wealth
Denver,
Colorado
|
+$4.42M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.11M |
| 3 |
ATS
Ashton Thomas Securities
Rochester,
New York
|
+$1.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$961K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$2.04M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.62M |
| 3 |
DLHL
Donald L. Hagan LLC
Sarasota,
Florida
|
-$841K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$636K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$542K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
51
AmeriFlex Group
Las Vegas,
Nevada
| $9.38K | – | – | – |
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | – | – | – |
|
|
SI
53
Stephens Inc
Little Rock,
Arkansas
| – | -$2.04M | -82,479 | Closed |
|
|
54
MML Investors Services
Springfield,
Massachusetts
| – | -$1.62M | -65,469 | Closed |
|
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$542K | -21,876 | Closed |
|
|
NFG
56
Nations Financial Group
Cedar Rapids,
Iowa
| – | -$400K | -16,118 | Closed |
|
|
IA
57
Insight Advisors
Newtown,
Pennsylvania
| – | -$329K | -13,240 | Closed |
|
|
SAW
58
Signal Advisors Wealth
Detroit,
Michigan
| – | -$206K | -8,311 | Closed |
|
|
CFGS
59
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$153K | -6,019 | Closed |
|
|
PA
60
PSI Advisors
Tampa,
Florida
| – | -$4.09K | -165 | Closed |
|
|
IF
61
Integrity Financial
Cheyenne,
Wyoming
| – | -$521 | -21 | Closed |
|
SMAY Hedge Fund Activity: Q1 2025 in Review
52 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Small Cap Moderate Buffer ETF May (SMAY) for Q1 2025, worth a combined $36.7M — down 3.9% from $38.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMAY and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Maia Wealth, opening a new position worth an estimated $4.42M. The largest seller was Stephens Inc, exiting entirely with an estimated $2.04M sold.
- 52 institutional investors held FT Vest US Small Cap Moderate Buffer ETF May (SMAY) as of Q1 2025, down from 55 in Q4 2024.
- Funds reported $36.7M of FT Vest US Small Cap Moderate Buffer ETF May stock for Q1 2025, down 3.9% quarter-over-quarter.
- 6 funds opened new FT Vest US Small Cap Moderate Buffer ETF May positions in Q1 2025 and 9 closed out, a net change of -3 holders.
- The largest FT Vest US Small Cap Moderate Buffer ETF May buyer in Q1 2025 was Maia Wealth, an estimated $4.42M added.
- The largest FT Vest US Small Cap Moderate Buffer ETF May seller in Q1 2025 was Stephens Inc, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2025.