FIRST TRUST MANAGED MUNICIPA (FMB) Top Institutional Shareholders
FIRST TRUST MANAGED MUNICIPA (FMB) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended March 31, 2026. The institutional investors covered on this page collectively reported approximately $1.45B in FMB holdings during the latest filing period.
Morgan Stanley is currently the largest disclosed institutional shareholder of FMB tracked by InsiderSet, reporting ownership valued at approximately $169.22M in its March 31, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $171.02M, representing an estimated gain of +1.07% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 56% of the total disclosed FMB value among the investors covered in this analysis. Major shareholders include Morgan Stanley, Wells Fargo & Company/Mn, Lpl Financial Llc, and several other long-term asset managers with concentrated positions in FIRST TRUST MANAGED MUNICIPA (FMB).
This page ranks the largest institutional FMB shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
292
Total Reported Value
$1.45B
Largest Holder
Morgan Stanley
Largest Position
$169.22M
Insider Transactions (90d)
0
Latest Filing Quarter
Q1 2026
New Institutional Positions
69
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | 0.01% | 3,340,219 | $169,215,560 | $171,019,213 | +$1,803,653 | +1.07% | |
| Wells Fargo & Company/Mn | 0.02% | 2,428,741 | $123,040,053 | $124,351,539 | +$1,311,486 | +1.07% | |
| Lpl Financial Llc | 0.03% | 2,328,660 | $117,969,922 | $119,227,392 | +$1,257,470 | +1.07% | |
| Bank Of America Corp | 0.01% | 2,046,794 | $103,690,563 | $104,795,853 | +$1,105,290 | +1.07% | |
| Ubs Group Ag | 0.02% | 1,904,095 | $96,461,453 | $97,489,664 | +$1,028,211 | +1.07% | |
| Raymond James Financial Inc | 0.02% | 1,224,317 | $62,023,886 | $62,685,030 | +$661,144 | +1.07% | |
| Avantax Planning Partners, Inc. | 1.17% | 842,907 | $42,701,674 | $43,156,838 | +$455,164 | +1.07% | |
| Osaic Holdings, Inc. | 0.06% | 786,032 | $39,820,699 | $40,244,838 | +$424,139 | +1.07% | |
| Onedigital Investment Advisors Llc | 0.37% | 744,427 | $37,712,655 | $38,114,662 | +$402,007 | +1.07% | |
| Truist Financial Corp | 0.03% | 430,414 | $22,377,248 | $22,037,197 | -$340,051 | -1.52% | |
| Cetera Investment Advisers | 0.02% | 418,100 | $21,180,956 | $21,406,720 | +$225,764 | +1.07% | |
| Royal Bank Of Canada | 0.00% | 416,337 | $21,091,000 | $21,316,454 | +$225,454 | +1.07% | |
| Commonwealth Equity Services, Llc | 0.02% | 348,146 | $17,637,097 | $17,825,075 | +$187,978 | +1.07% | |
| Rmr Wealth Builders | 1.33% | 333,050 | $16,872,296 | $17,052,160 | +$179,864 | +1.07% | |
| Envestnet Asset Management Inc | 0.00% | 323,948 | $16,411,216 | $16,586,138 | +$174,922 | +1.07% | |
| Rockefeller Capital Management L.P. | 0.03% | 318,032 | $16,111,521 | $16,283,238 | +$171,717 | +1.07% | |
| Stifel Financial Corp | 0.01% | 297,670 | $15,079,945 | $15,240,704 | +$160,759 | +1.07% | |
| True Blue Financial, Llc | 10.76% | 269,428 | $13,649,216 | $13,794,714 | +$145,498 | +1.07% | |
| Composition Wealth, Llc | 0.18% | 253,946 | $12,864,879 | $13,002,035 | +$137,156 | +1.07% | |
| Gm Advisory Group, Llc | 0.47% | 240,580 | $12,187,759 | $12,317,696 | +$129,937 | +1.07% | |
| Independent Advisor Alliance | 0.13% | 234,268 | $11,868,032 | $11,994,522 | +$126,490 | +1.07% | |
| Northwestern Mutual Wealth Management Co | 0.01% | 223,552 | $11,325,124 | $11,445,862 | +$120,738 | +1.07% | |
| Jones Financial Companies Lllp | 0.01% | 223,781 | $11,296,002 | $11,457,587 | +$161,585 | +1.43% | |
| Frisch Financial Group, Inc. | 2.33% | 220,140 | $11,152,304 | $11,271,168 | +$118,864 | +1.07% | |
| Bank Of New York Mellon Corp | 0.00% | 185,709 | $9,407,993 | $9,508,301 | +$100,308 | +1.07% | |
| Motco | 0.87% | 185,023 | $9,373,266 | $9,473,178 | +$99,912 | +1.07% | |
| Hightower Advisors, Llc | 0.01% | 178,118 | $9,023,378 | $9,119,642 | +$96,264 | +1.07% | |
| Ern Financial, Llc | 1.45% | 152,273 | $7,714,147 | $7,796,378 | +$82,231 | +1.07% | |
| Kestra Advisory Services, Llc | 0.03% | 151,964 | $7,698,498 | $7,780,557 | +$82,059 | +1.07% | |
| Citigroup Inc | 0.00% | 151,748 | $7,687,554 | $7,769,498 | +$81,944 | +1.07% | |
| Journey Strategic Wealth Llc | 0.18% | 146,105 | $7,401,665 | $7,480,576 | +$78,911 | +1.07% | |
| First Heartland Consultants, Inc. | 0.56% | 145,146 | $7,353,096 | $7,431,475 | +$78,379 | +1.07% | |
| Sequoia Financial Advisors | 0.04% | 141,120 | $7,149,144 | $7,225,344 | +$76,200 | +1.07% | |
| Bcgm Wealth Management, Llc | 1.76% | 138,020 | $6,992,097 | $7,066,624 | +$74,527 | +1.07% | |
| Focus Partners Advisor Solutions, Llc | 0.07% | 135,459 | $6,862,360 | $6,935,501 | +$73,141 | +1.07% | |
| Highpoint Advisor Group Llc | 0.28% | 133,877 | $6,782,227 | $6,854,502 | +$72,275 | +1.07% | |
| Cwa Asset Management Group, Llc | 0.22% | 126,749 | $6,421,088 | $6,489,549 | +$68,461 | +1.07% | |
| Cwm, Llc | 0.02% | 123,047 | $6,233,567 | $6,300,006 | +$66,439 | +1.07% | |
| Independent Financial Group, Llc | 0.07% | 111,703 | $6,066,239 | $5,719,194 | -$347,045 | -5.72% | |
| Blackhawk Capital Partners, Llc | 2.12% | 114,133 | $5,781,997 | $5,843,610 | +$61,613 | +1.07% | |
| Steward Partners Investment Advisory, Llc | 0.03% | 108,710 | $5,507,234 | $5,565,952 | +$58,718 | +1.07% | |
| Private Advisor Group, Llc | 0.03% | 108,429 | $5,492,997 | $5,551,565 | +$58,568 | +1.07% | |
| Sanctuary Advisors, Llc | 0.03% | 103,233 | $5,229,792 | $5,285,530 | +$55,738 | +1.07% | |
| Brady Martz Wealth Solutions, Llc | 0.86% | 100,042 | $5,068,135 | $5,122,150 | +$54,015 | +1.07% | |
| Gateway Wealth Partners, Llc | 0.19% | 97,524 | $4,940,550 | $4,993,229 | +$52,679 | +1.07% | |
| Summit Financial, Llc | 0.06% | 96,884 | $4,908,135 | $4,960,461 | +$52,326 | +1.07% | |
| Mgo One Seven Llc | 0.10% | 96,740 | $4,900,848 | $4,953,088 | +$52,240 | +1.07% | |
| Equitable Holdings, Inc. | 0.03% | 93,637 | $4,787,838 | $4,794,214 | +$6,376 | +0.13% | |
| Mml Investors Services, Llc | 0.01% | 92,759 | $4,699,159 | $4,749,261 | +$50,102 | +1.07% | |
| Jane Street Group, Llc | 0.00% | 91,786 | $4,649,879 | $4,699,443 | +$49,564 | +1.07% |
Frequently asked questions about FMB
Who owns the most FMB stock?
The largest holders of FMB are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for FIRST TRUST MANAGED MUNICIPA (FMB).
Is FMB widely held by superinvestors?
Many widely followed stocks like FMB appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly FMB is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.