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First Trust Preferred Securities and Income ETF

397 hedge funds and large institutions have $3.15B invested in First Trust Preferred Securities and Income ETF in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 138 increasing their positions, 162 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $125K | Put options by funds: $34K

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 40

1.82% more ownership

Funds ownership: 57.67%59.49% (+1.8%)

1% more capital invested

Capital invested by funds: $3.1B → $3.15B (+$45.7M)

0% more funds holding

Funds holding: 397397 (0)

15% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 162

Holders
397
Holders Change
Holders Change %
0%
% of All Funds
6.23%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
45
Increased
138
Reduced
162
Closed
40
Calls
$125K
Puts
$34K
Net Calls
+$91K
Net Calls Change
+$23K
Name Holding Trade Value Shares
Change
Change in
Stake
IA
226
IFG Advisory
Georgia
$539K -$48.4K -3,044 -8%
AWM
227
Atticus Wealth Management
Florida
$527K -$6.06M -381,268 -92%
PPP
228
Private Portfolio Partners
New Jersey
$527K -$49.8K -3,134 -9%
JWBC
229
J.W. Burns & Co
New York
$522K -$1.59K -100 -0.3%
CAM
230
Cresset Asset Management
Illinois
$516K +$514K +32,335 New
RIA
231
Realta Investment Advisors
Delaware
$514K +$108K +6,772 +27%
CCG
232
Coastwise Capital Group
California
$511K -$3.15K -198 -0.6%
WS
233
Wedbush Securities
California
$497K -$39.2K -2,466 -7%
VAS
234
Vestmark Advisory Solutions
Massachusetts
$496K +$78.9K +4,961 +19%
PWM
235
PRW Wealth Management
Massachusetts
$492K -$95.4K -6,000 -16%
PVI
236
Pine Valley Investments
New Jersey
$487K +$350 +22 +0.1%
WWMSC
237
Wagner Wealth Management (South Carolina)
South Carolina
$483K -$19K -1,197 -4%
FHB
238
First Hawaiian Bank
Hawaii
$465K -$1.08M -67,890 -70%
PCIA
239
Prime Capital Investment Advisors
Kansas
$463K +$58.7K +3,691 +15%
CA
240
Cornerstone Advisory
Maryland
$462K +$108K +6,803 +31%
WWA
241
WCG Wealth Advisors
Nevada
$458K -$40.4K -2,539 -8%
LPAM
242
Lodestar Private Asset Management
California
$451K -$1.02M -64,070 -69%
AFAS
243
Acorn Financial Advisory Services
Virginia
$440K -$103K -6,500 -19%
Carson Wealth (CWM LLC)
244
Carson Wealth (CWM LLC)
Nebraska
$437K -$51.8K -3,257 -11%
GSIAS
245
Garden State Investment Advisory Services
New Jersey
$435K +$433K +27,242 New
GWANC
246
Guardian Wealth Advisors (North Carolina)
North Carolina
$433K -$6.6K -415 -2%
CAMG
247
CWA Asset Management Group
Florida
$428K -$719K -45,227 -63%
FFS
248
Founders Financial Securities
Maryland
$424K +$13.5K +852 +3%
CSPIA
249
Cary Street Partners Investment Advisory
Virginia
$421K +$416K +26,197 +17,465%
FPWM
250
FSB Premier Wealth Management
Iowa
$409K -$24.1K -1,517 -6%

FPE Hedge Fund Activity: Q2 2023 in Review

397 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2023, worth a combined $3.15B — up 1.5% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FPE positions and 40 closed out — a net gain of 5 holders — while 138 added to existing stakes and 162 trimmed.

The largest buyer was Jane Street, adding an estimated $39M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $30.7M.

  • 397 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $3.15B of First Trust Preferred Securities and Income ETF stock for Q2 2023, up 1.5% quarter-over-quarter.
  • 45 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2023 and 40 closed out, a net change of +5 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2023 was Jane Street, an estimated $39M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2023 was State of Tennessee, Department of Treasury, an estimated $30.7M sold.

Based on aggregated 13F filings for Q2 2023.