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First Trust Preferred Securities and Income ETF

289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $2.59B → $2.83B (+$240M)

1.66% more ownership

Funds ownership: 51.51%53.18% (+1.7%)

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

5% less funds holding

Funds holding: 305289 (-16)

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Holders
289
Holders Change
-16
Holders Change %
-5.25%
% of All Funds
5.83%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.4%
New
30
Increased
127
Reduced
91
Closed
44
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
Mercer Global Advisors
226
Mercer Global Advisors
Colorado
$274K +$273K +14,289 New
CCM
227
Chiron Capital Management
Florida
$264K +$263K +13,778 New
MWA
228
Meridian Wealth Advisors
Texas
$263K +$3.25K +170 +1%
RA
229
RFG Advisory
Alabama
$260K -$2M -104,653 -89%
HCIA
230
Hochman Cole Investment Advisors
Illinois
$260K +$3.46K +181 +1%
APW
231
Aurora Private Wealth
New Jersey
$255K -$61.7K -3,231 -20%
WDA
232
Wendell David Associates
New Hampshire
$249K
WP
233
WealthShield Partners
North Carolina
$247K +$30.9K +1,617 +14%
PFA
234
Plotkin Financial Advisors
Maryland
$238K -$9.7K -508 -4%
AAM
235
Advisors Asset Management
Colorado
$234K -$63.6K -3,332 -21%
PPP
236
Private Portfolio Partners
New Jersey
$218K +$8.54K +447 +4%
MMM
237
Mendel Money Management
Illinois
$215K +$6.78K +355 +3%
CF
238
Centaurus Financial
California
$214K -$5.27K -276 -2%
JCM
239
Jacobi Capital Management
Pennsylvania
$211K +$2.6K +136 +1%
CS
240
Capital Square
Tennessee
$206K -$2.54K -133 -1%
MGIA
241
Moneta Group Investment Advisors
Missouri
$198K +$197K +10,329 New
CBFP
242
Cedar Brook Financial Partners
Ohio
$197K -$22.6K -1,185 -10%
WIA
243
World Investment Advisors
California
$197K +$196K +10,285 New
GLA
244
Good Life Advisors
Pennsylvania
$196K -$300K -15,699 -61%
PWM
245
PRW Wealth Management
Massachusetts
$192K
CAL
246
Capital Advisors Ltd
Ohio
$189K
GSWM
247
Golden State Wealth Management
California
$152K +$151K +7,931 New
PB
248
Pinnacle Bancorp
Nebraska
$147K
BAM
249
Bellevue Asset Management
Washington
$136K
GT
250
Glenmede Trust
Pennsylvania
$120K

FPE Hedge Fund Activity: Q3 2020 in Review

289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.

The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.

  • 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
  • Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
  • 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.

Based on aggregated 13F filings for Q3 2020.