MMSC β€” FIRST TR EXCHNG TRADED FD VI

Ownership history in CITADEL ADVISORS LLC  Β·  9 quarters on record

This page tracks every 13F SEC filing in which CITADEL ADVISORS LLC reported a position in FIRST TR EXCHNG TRADED FD VI (MMSC). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

Position Intelligence

CITADEL ADVISORS LLC Γ— MMSC AI Analytics

πŸ“‰ CITADEL ADVISORS LLC underperformed the S&P 500 by –4.0% annually on this MMSC position. Timing score: 12% (1/8 decisions correct). Average cost basis: $16.76. Maximum drawdown during holding period: –12.3%.

πŸ“ˆ Position Alpha vs SPY
-4.0%
annualised excess return

⚠️ Trailed SPY by 4.0% ann. on this position.
6 quarters analyzed

⏱️ Timing Score
12%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
1 of 8 add/trim decisions correct

πŸ’° Entry Quality
$16.76
+38.8% vs current ($23.26)

Best entry: $13.83 (2022 Q2)  Β·  Worst: $20.74 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–12.3%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
33%
buy-side decisions

3 adds Β· 6 trims. Bought during 0 of 2 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    MMSC price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 8,832 -9,818 -52.6% 0.00% $205K $23.26
2025 Q1 REDUCED 18,650 -16,132 -46.4% 0.00% $339K $18.18
2024 Q4 ADDED 34,782 +21,186 +155.8% 0.00% $721K $20.74
2024 Q2 REDUCED 13,596 -3,517 -20.6% 0.00% $263K $19.24
2024 Q1 ADDED 17,113 +2,247 +15.1% 0.00% $334K $19.46
2023 Q2 REDUCED 14,866 -1,945 -11.6% 0.00% $240K $16.10
2023 Q1 REDUCED 16,811 -12,614 -42.9% 0.00% $254K $15.03
2022 Q4 REDUCED 29,425 -1,481 -4.8% 0.00% $422K $14.29
2022 Q2 INITIATED 30,906 β€” β€” 0.00% $429K $13.83
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