FT Vest US Small Cap Moderate Buffer ETF May
SMAY
66 hedge funds and large institutions have $38.9M invested in FT Vest US Small Cap Moderate Buffer ETF May in 2026 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
30% more capital invested
Capital invested by funds: $30M → $38.9M (+$8.88M)
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
16% more funds holding
Funds holding: 57 → 66 (+9)
1.27% more ownership
Funds ownership: 36.68% → 37.95% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.71M |
| 2 |
JFG
Jefferies Financial Group
New York
|
+$734K |
| 3 |
LPL Financial
San Diego,
California
|
+$596K |
| 4 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$589K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWM
Lionshead Wealth Management
New York
|
-$1.49M |
| 2 |
SW
SMART Wealth
Omaha,
Nebraska
|
-$666K |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$262K |
| 4 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
-$124K |
| 5 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$77.6K |
SMAY Hedge Fund Activity: Q2 2026 in Review
66 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Small Cap Moderate Buffer ETF May (SMAY) for Q2 2026, worth a combined $38.9M — up 30% from $30M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SMAY positions and 5 closed out — a net gain of 12 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.71M. The largest seller was Lionshead Wealth Management, cutting an estimated $1.49M.
- 66 institutional investors held FT Vest US Small Cap Moderate Buffer ETF May (SMAY) as of Q2 2026, up from 57 in Q1 2026.
- Funds reported $38.9M of FT Vest US Small Cap Moderate Buffer ETF May stock for Q2 2026, up 30% quarter-over-quarter.
- 17 funds opened new FT Vest US Small Cap Moderate Buffer ETF May positions in Q2 2026 and 5 closed out, a net change of +12 holders.
- The largest FT Vest US Small Cap Moderate Buffer ETF May buyer in Q2 2026 was Susquehanna International Group, an estimated $1.71M added.
- The largest FT Vest US Small Cap Moderate Buffer ETF May seller in Q2 2026 was Lionshead Wealth Management, an estimated $1.49M sold.
Based on aggregated 13F filings for Q2 2026.