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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
CAPTRUST Financial Advisors
251
CAPTRUST Financial Advisors
North Carolina
$114K +$63K +3,300 +125%
GRP
252
Global Retirement Partners
California
$111K -$71.7K -3,756 -39%
FHA
253
Flagship Harbor Advisors
Massachusetts
$100K -$145K -7,603 -59%
CCM
254
Covington Capital Management
California
$100K
GEA
255
Glen Eagle Advisors
New Jersey
$96.9K -$477 -25 -0.5%
WT
256
Whittier Trust
California
$96K
CHA
257
Carmichael Hill & Associates
Maryland
$96K +$55.1K +2,883 +135%
LS
258
Leelyn Smith
Illinois
$83K
HI
259
Hudock Inc
Pennsylvania
$76K
MHR
260
Matthew Hamilton Rosenberg
$73K +$2.65K +139 +4%
FFA
261
Founders Financial Alliance
North Carolina
$71K +$70.8K +3,708 New
PGAM
262
Princeton Global Asset Management
New Jersey
$70K
IRC
263
Investors Research Corp
Georgia
$68K +$5.08K +266 +8%
PMFA
264
Plante Moran Financial Advisors
Michigan
$59K +$11.3K +593 +24%
CFN
265
Cordasco Financial Network
Florida
$48K
ST
266
Smithfield Trust
Pennsylvania
$47K
SFS
267
Sowell Financial Services
Arkansas
$46K -$195K -10,219 -81%
LWM
268
Liberty Wealth Management
California
$46K
CHC
269
City Holding Co
West Virginia
$34K
NNP
270
Nachman Norwood & Parrott
South Carolina
$28K +$27.7K +1,448 New
AWA
271
Arkadios Wealth Advisors
Georgia
$27.5K +$27.1K +1,419 New
FRA
272
Front Row Advisors
California
$24K +$19.1K +1,000 +521%
CFB
273
Cullen/Frost Bankers
Texas
$23K
HCP
274
Hexagon Capital Partners
Arkansas
$22K +$22.7K +1,190 New
HIA
275
Harbor Investment Advisory
Maryland
$21K

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.