Who Owns First Trust Managed Municipal ETF (FMB)?Hedge Fund & Institutional Holders

$51.28+0.07 (+0.15%)Financial ServicesNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

—

QoQ Change in Holders

+14 / -2

Price History

$49.12$49.86$50.60$51.34$52.08Aug 24May 25Mar 26

FMB — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
BANK OF AMERICA CORP /DE/Increased+83K+$91.9B
Avantax Planning Partners, Inc.New Position+854K+$43.0B
COMMONWEALTH EQUITY SERVICES, LLCNew Position+350K+$17.0B
TrueWealth Financial PartnersNew Position+249K+$12.7B
MOTCONew Position+185K+$9.0B
JONES FINANCIAL COMPANIES LLLPNew Position+179K+$9.0B
CWA Asset Management Group, LLCNew Position+134K+$6.8B
Magnus Financial Group LLCNew Position+84K+$4.3B
FSB PREMIER WEALTH MANAGEMENT, INC.New Position+84K+$4.3B
Etesian Wealth Advisors, Inc.New Position+83K+$4.3B
COUNTRY TRUST BANKNew Position+79K+$4.1B
Investment Planning Advisors, Inc.New Position+75K+$3.8B
Blackhawk Capital Partners, LLCNew Position+75K+$3.8B
EdgeRock Capital LLCNew Position+73K+$3.7B
Westside Investment Management, Inc.New Position+68K+$3.5B

FMB — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
WELLS FARGO & COMPANY/MNDecreased-116K-$6.5B
ROYAL BANK OF CANADADecreased-98K-$5.3B
Allworth Financial LPDecreased-6K-$4.6B
OSAIC HOLDINGS, INC.Decreased-58K-$4.2B
Mariner, LLCDecreased-6K-$3.8B
HighTower Advisors, LLCDecreased-6K-$3.7B
Prospera Financial Services IncDecreased-3K-$2.9B
Waverly Advisors, LLCDecreased-8K-$2.8B
Uniting Wealth Partners, LLCClosed Position-54K-$2.7B
Creative PlanningDecreased-11K-$2.7B
HARBOUR INVESTMENTS, INC.Decreased-831-$1.5B
Advisory Services Network, LLCDecreased-423-$1.5B
Visionary Wealth AdvisorsDecreased-29K-$1.4B
RENAISSANCE TECHNOLOGIES LLCClosed Position-27K-$1.4B
Modern Wealth Management, LLCDecreased-20K-$997.4M

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1UBS Group AG1,836,968$93.9B0.02%Share
2WELLS FARGO & COMPANY/MN1,444,551$73.0B0.01%Share
3BANK OF AMERICA CORP /DE/1,129,555$57.0B0.00%Share
4WELLS FARGO & COMPANY/MN954,147$48.0B0.01%Share
5Avantax Planning Partners, Inc.854,387$43.0B1.20%Share
6BANK OF AMERICA CORP /DE/695,284$35.0B0.00%Share
7RAYMOND JAMES FINANCIAL INC681,276$34.0B0.01%Share
8OneDigital Investment Advisors LLC578,623$29.0B0.28%Share
9RAYMOND JAMES FINANCIAL INC502,552$25.0B0.01%Share
10ROYAL BANK OF CANADA459,042$23.0B0.00%Share
11OSAIC HOLDINGS, INC.466,354$23.0B0.03%Share
12COMMONWEALTH EQUITY SERVICES, LLC350,316$17.0B0.02%Share
13STIFEL FINANCIAL CORP289,308$14.0B0.01%Share
14Rockefeller Capital Management L.P.292,030$14.0B0.03%Share
15TrueWealth Financial Partners248,749$12.7B10.50%Share
16OSAIC HOLDINGS, INC.229,407$11.0B0.02%Share
17JONES FINANCIAL COMPANIES LLLP178,958$9.0B0.01%Share
18CITIGROUP INC187,567$9.0B0.00%Share
19MOTCO179,476$9.0B0.82%Share
20CWA Asset Management Group, LLC133,812$6.8B0.25%Share
21First Heartland Consultants, Inc.130,249$6.7B0.50%Share
22BCGM Wealth Management, LLC121,753$6.2B1.59%Share
23Brady Martz Wealth Solutions, LLC100,346$5.1B0.90%Share
24Private Advisor Group, LLC102,380$5.0B0.02%Share
25JOURNEY STRATEGIC WEALTH LLC105,227$5.0B0.13%Share
26OSAIC HOLDINGS, INC.102,587$5.0B0.01%Share
27Magnus Financial Group LLC84,306$4.3B0.33%Share
28FSB PREMIER WEALTH MANAGEMENT, INC.84,085$4.3B1.36%Share
29Etesian Wealth Advisors, Inc.83,274$4.3B1.34%Share
30COUNTRY TRUST BANK79,267$4.1B0.07%Share
31JPMORGAN CHASE & CO86,236$4.0B0.00%Share
32Equitable Holdings, Inc.84,559$4.0B0.03%Share
33Investment Planning Advisors, Inc.75,106$3.8B1.12%Share
34Blackhawk Capital Partners, LLC74,552$3.8B1.43%Share
35Prestige Wealth Management Group LLC74,006$3.8B0.72%Share
36EdgeRock Capital LLC72,601$3.7B0.99%Share
37Advance Capital Management, Inc.64,676$3.3B0.14%Share
38Per Stirling Capital Management, LLC.63,737$3.3B0.37%Share
39Westside Investment Management, Inc.60,993$3.1B0.50%Share
40Mutual Advisors, LLC60,897$3.1B0.07%Share
41COMERICA BANK59,690$3.1B0.01%Share
42Main Line Retirement Advisors, LLC58,735$3.0B2.64%Share
43WealthCare Investment Partners, LLC56,437$2.9B0.84%Share
44Clearwater Capital Advisors, LLC55,250$2.8B0.24%Share
45Golden State Wealth Management, LLC51,343$2.6B0.28%Share
46ABLE Financial Group, LLC50,147$2.6B0.52%Share
47Gateway Wealth Partners, LLC49,379$2.5B0.28%Share
48SteelPeak Wealth, LLC39,469$2.0B0.07%Share
49Western Wealth Management, LLC40,046$2.0B0.09%Share
50CITADEL ADVISORS LLC41,965$2.0B0.00%Share

FMB Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025296$783.5B+142
Q3 2025154$739.9B-121
Q2 2025275$1.1T-19
Q1 2025294$1.4T+46
Q4 2024248$49.4T+55
Q3 2024193$269.1T+3
Q2 2024190$133.9T+10
Q1 2024180$126.6T—

Similar Stocks by Institutional Ownership

1306.T

NEXT FUNDS TOPIX Exchange Traded Fund

152100.KS

PLUS 200

102780.KS

Kodex Samsung Group

1591.T

NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund

VOO

Vanguard S&P 500 ETF

OAKI

Oakmark International Large Cap ETF

BCTK

Baron Technology ETF

JPM

JPMorgan Chase & Co.

As of Q4 2025, 50 institutional investors hold FMB (First Trust Managed Municipal ETF). The largest holder is UBS Group AG with $93.9B in shares. This quarter, 14 institutions opened new positions and 2 closed their positions.

Frequently Asked Questions

How many hedge funds own FMB?

As of Q4 2025, 50 institutional investors report holding FMB (First Trust Managed Municipal ETF) in their 13F filings.

Who is the largest institutional holder of FMB?

The largest institutional holder of FMB is UBS Group AG with $93.9B in shares.

Is institutional ownership of FMB increasing or decreasing?

This quarter, 14 institutions opened new positions in FMB and 2 closed their positions.