FMB
First Trust Managed Municipal ETF · Financial Services · Asset Management - Bonds
Momentum inputs (comparable managers): holder breadth 0.0% · share flow -0.7% · net new positions 0.0% — formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 34 | +1 | 18.24M | $936.89M | +3 | −3 |
| Q1 2026 | 35 | -2 | 18.38M | $931.56M | +4 | −6 |
| Q4 2025 | 37 | 0 | 17.46M | $892.76M | +1 | −1 |
| Q3 2025 | 4 | 0 | 3.20M | $162.24M | — | — |
| Q2 2025 | 2 | +1 | 100.03K | $4.98M | +1 | — |
| Q1 2025 | 1 | -1 | 51.70K | $2.61M | — | −1 |
| Q4 2024 | 2 | 0 | 26.52K | $1.35M | — | — |
| Q3 2024 | 2 | +1 | 134.76K | $7.00M | +1 | — |
| Q2 2024 | 1 | — | 50.48K | $2.58M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley ✦ | 2.95M | -0.7% | $150.62M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 2 | Wells Fargo & Company/Mn | 2.40M | — | $122.66M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 3 | Bank Of America Corp /De/ | 1.82M | — | $93.31M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 4 | Raymond James Financial Inc | 1.19M | — | $60.89M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 5 | Truist Financial Corp | 411.23K | — | $20.99M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Commonwealth Equity Services, Llc | 350.32K | — | $17.91M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | Stifel Financial Corp | 289.92K | — | $14.83M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 8 | Citigroup Inc | 187.57K | — | $9.59M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | Jones Financial Companies Lllp | 178.96K | — | $9.15M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | Mml Investors Services, Llc | 106.28K | — | $5.43M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | JPMorgan Chase ✦ | 86.34K | -54.5% | $4.41M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 12 | UBS AM, a distinct business unit of… | 14.50K | — | $741,355 | 0.0% | n/c | 1 | SEC ↗ |
| 13 | Us Bancorp \De\ | 11.65K | — | $595,924 | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 14 | Mercer Global Advisors Inc /Adv | 6.55K | — | $335,139 | 0.0% | n/c | 1 | SEC ↗ |
| 15 | Goldman Sachs Group ✦ | 4.16K | New | $212,824 | 0.0% | New | 1 | SEC ↗ |
| 16 | Fifth Third Bancorp | 2.47K | — | $126,508 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Goldman Sachs Group | $212,824 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 294 holders, 29.88M shares, $1.44B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.