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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
Lido Advisors
276
Lido Advisors
California
$306K +$7.55K +475 +3%
RW
277
RVW Wealth
California
$305K
1W
278
1776 Wealth
Georgia
$303K -$28.2K -1,777 -9%
SFP
279
Strategic Financial Partners
Oregon
$299K
AFC
280
AFT Forsyth & Company
Florida
$296K +$207 +13 +0.1%
WAP
281
Wealthcare Advisory Partners
Pennsylvania
$293K +$92.7K +5,830 +46%
AWAG
282
ARS Wealth Advisors Group
Florida
$292K +$291K +18,309 New
Wealth Enhancement Advisory Services
283
Wealth Enhancement Advisory Services
Minnesota
$291K -$9.96M -626,492 -97%
IAS
284
Insigneo Advisory Services
Florida
$286K +$34.7K +2,183 +14%
KCFA
285
Key Client Fiduciary Advisors
New Jersey
$280K -$5.01K -315 -2%
DFG
286
Delta Financial Group
New Jersey
$279K +$278K +17,500 New
JCM
287
Jacobi Capital Management
Pennsylvania
$278K -$91.9K -5,783 -25%
MRCM
288
M&R Capital Management
New Jersey
$274K -$17.4K -1,092 -6%
SFA
289
Sequoia Financial Advisors
Ohio
$270K +$76.8K +4,830 +40%
SVWAG
290
Sound View Wealth Advisors Group
Georgia
$270K +$525 +33 +0.2%
AFG
291
Atomi Financial Group
New York
$267K +$266K +16,750 New
HCM
292
Hudson Capital Management
New Jersey
$264K +$29.8K +1,873 +13%
EWM
293
EPG Wealth Management
Georgia
$261K +$4.04K +254 +2%
BWM
294
BlackDiamond Wealth Management
New York
$260K +$256K +16,101 New
TCA
295
Transcend Capital Advisors
New Jersey
$250K +$350 +22 +0.1%
SFWA
296
Summit Financial Wealth Advisors
Louisiana
$250K +$10.3K +650 +4%
MWA
297
Meridian Wealth Advisors
Texas
$249K +$3.86K +243 +2%
SCI
298
Stableford Capital II
Arizona
$248K +$243K +15,300 New
GSEP
299
Golden State Equity Partners
California
$243K +$242K +15,200 New
PI
300
PFG Investments
New York
$240K -$45.9K -2,885 -16%

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.