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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
SFG
251
Summit Financial Group
West Virginia
$402K
BIA
252
Barry Investment Advisors
Massachusetts
$393K -$2.02K -127 -0.5%
CIG
253
Cascade Investment Group
Colorado
$392K -$276K -17,347 -41%
TWM
254
Tradition Wealth Management
Minnesota
$389K -$345K -21,733 -47%
FFA
255
Farther Finance Advisors
California
$381K +$31.9K +2,006 +9%
PTP
256
Platform Technology Partners
New York
$379K
SWM
257
SeaCrest Wealth Management
New York
$372K -$35K -2,202 -9%
Mirae Asset Global Investments
258
Mirae Asset Global Investments
South Korea
$363K
SW
259
SteelPeak Wealth
California
$356K -$11K -695 -3%
FTCM
260
First Trust Capital Management
Illinois
$353K -$18.7K -1,175 -5%
SDAM
261
Shulman DeMeo Asset Management
New York
$349K
JCM
262
J2 Capital Management
Michigan
$342K +$574K +36,096 New
TLA
263
Tanglewood Legacy Advisors
Texas
$340K +$49.3K +3,100 +17%
DAS
264
Dynamic Advisor Solutions
Arizona
$337K -$93.3K -5,867 -22%
CCB
265
Cutter & Co Brokerage
Missouri
$336K +$3.46K +218 +1%
EGA
266
E&G Advisors
Texas
$333K
WP
267
WealthShield Partners
North Carolina
$328K +$99.1K +6,235 +44%
PEA
268
Park Edge Advisors
Ohio
$328K +$2.05K +129 +0.6%
LMKC
269
L.M. Kohn & Company
Ohio
$323K -$26.2K -1,648 -8%
GLA
270
Good Life Advisors
Pennsylvania
$323K -$37.4K -2,350 -10%
AWA
271
Arete Wealth Advisors
Illinois
$321K -$326K -20,515 -50%
OMC
272
Old Mission Capital
Illinois
$315K +$314K +19,726 New
BAM
273
Belpointe Asset Management
Nevada
$313K -$690K -43,411 -69%
Corient Private Wealth
274
Corient Private Wealth
Florida
$311K -$37K -2,329 -11%
TT
275
TI-Trust
Illinois
$307K -$6.74K -424 -2%

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.