MMSC · First Trust Multi-Manager Small Cap Opportunities ETF ETF
$27.68
+0.01 (+0.04%)
At close · Sep 4
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 13
Total Value: $10,302,546
Total Shares: 430,295
Institutional Ownership Trend
17 quarters
Holder Concentration
Across 13 13F filers · Δ vs Sep 30, 2025Top Holder
60.7%
+29.1 pts
Top 5
91.0%
+2.1 pts
Top 10
99.4%
+1.3 pts
HHI
4,060
Highly concentrated+1,768
Quarterly Activity
vs Sep 30, 2025
New
6
Increased
3
Decreased
3
Sold Out
7
Unchanged
1
Holder count:
-1
Institutional value:
-52.8%
Shares held:
-54.2%
Top Buyers
vs Sep 30, 2025| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Large Cetera Investment Advisers | +48,527 | 73,237 | |
| Large COMMONWEALTH EQUITY SERVICES, LLC | +2,798 | 12,233 | |
| Large OSAIC HOLDINGS, INC. | +2,472 | 6,769 |
Top Sellers
vs Sep 30, 2025| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mid Tower Research Capital LLC (TRC) | −32,753 | 2,772 | |
| Small MANCHESTER FINANCIAL INC | −7,945 | 261,336 | |
| Mega ENVESTNET ASSET MANAGEMENT INC | −1,236 | 26,998 |
Top New Positions
vs Sep 30, 2025| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small Advisor Resource Council | 16,635 | $398,291 | |
| Large Tidal Investments LLC | 13,273 | $317,795 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | 10,005 | $239,549 | |
| Large Kestra Advisory Services, LLC | 2,086 | $49,945 | |
| Micro IFC & Insurance Marketing, Inc. | 226 | $5,411 |
Top Sold-Out Positions
vs Sep 30, 2025| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small Jaffetilchin Investment Partners, LLC | 296,719 | $6,901,980 | |
| Small Trinity Legacy Partners, LLC | 191,373 | $4,451,527 | |
| Large Cambridge Investment Research Advisors, Inc. | 41,466 | $964,540 | |
| Large TRUIST FINANCIAL CORP | 15,750 | $366,360 | |
| Mega CITADEL ADVISORS LLC | 8,832 | $205,441 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Small MANCHESTER FINANCIAL INC MMSC | $6,257,167 | 60.73% | 261,336 | Shares | 2026-02-12 | |
| Large Cetera Investment Advisers MMSC | $1,753,513 | 17.02% | 73,237 | Shares | 2026-02-17 | |
| Mega ENVESTNET ASSET MANAGEMENT INC MMSC | $646,413 | 6.27% | 26,998 | Shares | 2026-02-10 | |
| Small Advisor Resource Council MMSC | $398,291 | 3.87% | 16,635 | Shares | 2026-02-10 | |
| Large Tidal Investments LLC MMSC | $317,795 | 3.08% | 13,273 | Shares | 2026-02-13 | |
| Large COMMONWEALTH EQUITY SERVICES, LLC MMSC | $292,894 | 2.84% | 12,233 | Shares | 2026-02-12 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP MMSC | $239,549 | 2.33% | 10,005 | Shares | 2026-02-17 | |
| Large OSAIC HOLDINGS, INC. MMSC | $162,069 | 1.57% | 6,769 | Shares | 2026-02-17 | |
| Mid Aptus Capital Advisors, LLC MMSC | $111,311 | 1.08% | 4,649 | Shares | 2026-02-13 | |
| Mid Tower Research Capital LLC (TRC) MMSC | $66,369 | 0.64% | 2,772 | Shares | 2026-02-17 | |
| Large Kestra Advisory Services, LLC MMSC | $49,945 | 0.48% | 2,086 | Shares | 2026-02-13 | |
| Micro IFC & Insurance Marketing, Inc. Insurance MMSC | $5,411 | 0.05% | 226 | Shares | 2026-02-12 | |
| Mega JPMORGAN CHASE & CO MMSC | $1,819 | 0.02% | 76 | Shares | 2026-02-11 |