We are live on ! Find out more
FPE icon

First Trust Preferred Securities and Income ETF

404 hedge funds and large institutions have $4.13B invested in First Trust Preferred Securities and Income ETF in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 127 increasing their positions, 173 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 36

34% more capital invested

Capital invested by funds: $3.08B → $4.13B (+$1.05B)

18.25% more ownership

Funds ownership: 59.91%78.16% (+18%)

4% more funds holding

Funds holding: 387404 (+17)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

27% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 173

37% less call options, than puts

Call options by funds: $266K | Put options by funds: $422K

Holders
404
Holders Change
+17
Holders Change %
+4.39%
% of All Funds
5.89%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
57
Increased
127
Reduced
173
Closed
36
Calls
$266K
Puts
$422K
Net Calls
-$156K
Net Calls Change
-$269K
Name Holding Trade Value Shares
Change
Change in
Stake
DAS
251
Dynamic Advisor Solutions
Arizona
$429K +$27.9K +1,728 +7%
SFA
252
Sequoia Financial Advisors
Ohio
$425K +$126K +7,802 +45%
JWBC
253
J.W. Burns & Co
New York
$420K -$27K -1,675 -6%
SFG
254
Summit Financial Group
West Virginia
$416K
PTP
255
Platform Technology Partners
New York
$406K +$1.6K +99 +0.4%
LMKC
256
L.M. Kohn & Company
Ohio
$402K +$58.8K +3,643 +18%
SCM
257
Schnieders Capital Management
California
$395K +$378K +23,440 New
WAP
258
Wealthcare Advisory Partners
Pennsylvania
$390K +$42.6K +2,638 +13%
CA
259
Claro Advisors
Massachusetts
$389K -$221K -13,717 -37%
WWA
260
WCG Wealth Advisors
Nevada
$385K -$33.6K -2,080 -8%
Mirae Asset Global Investments
261
Mirae Asset Global Investments
South Korea
$383K
FTCM
262
First Trust Capital Management
Illinois
$375K
BRWA
263
B. Riley Wealth Advisors
Florida
$373K -$2.41M -149,128 -87%
FPAS
264
Focus Partners Advisor Solutions
Missouri
$371K -$98.4K -6,099 -22%
Ameriprise
265
Ameriprise
Minnesota
$370K +$345K +21,404 New
PWA
266
PCG Wealth Advisors
Kansas
$369K +$17.6K +1,089 +5%
SDAM
267
Shulman DeMeo Asset Management
New York
$368K
BIA
268
Barry Investment Advisors
Massachusetts
$366K -$39.1K -2,422 -10%
AFG
269
Atomi Financial Group
New York
$366K +$21.3K +1,322 +6%
FFN
270
Focus Financial Network
Minnesota
$363K +$128K +7,934 +58%
Thrivent Financial for Lutherans
271
Thrivent Financial for Lutherans
Minnesota
$359K +$343K +21,267 New
PEA
272
Park Edge Advisors
Ohio
$352K +$3.03K +188 +0.9%
AP
273
Americana Partners
Texas
$352K +$1.11K +69 +0.3%
WWMSC
274
Wagner Wealth Management (South Carolina)
South Carolina
$352K +$15.7K +972 +5%
BCI
275
Brinker Capital Investments
Pennsylvania
$352K -$326K -20,197 -49%

FPE Hedge Fund Activity: Q4 2023 in Review

404 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2023, worth a combined $4.13B — up 34% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new FPE positions and 36 closed out — a net gain of 21 holders — while 127 added to existing stakes and 173 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $691M. The largest seller was Berger Financial Group, cutting an estimated $23.8M.

  • 404 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2023, up from 387 in Q3 2023.
  • Funds reported $4.13B of First Trust Preferred Securities and Income ETF stock for Q4 2023, up 34% quarter-over-quarter.
  • 57 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2023 and 36 closed out, a net change of +21 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q4 2023 was Morgan Stanley, an estimated $691M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q4 2023 was Berger Financial Group, an estimated $23.8M sold.

Based on aggregated 13F filings for Q4 2023.