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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
OPS
276
Orion Portfolio Solutions
Nebraska
$352K -$326K -20,197 -49%
OL
277
Owen LaRue
Kentucky
$346K -$143K -8,891 -30%
RWM
278
Ritholtz Wealth Management
New York
$339K -$99.3K -6,156 -23%
EGA
279
E&G Advisors
Texas
$337K -$8.07K -500 -2%
RIA
280
Realta Investment Advisors
Delaware
$330K -$177K -10,965 -36%
TT
281
TI-Trust
Illinois
$325K
Qube Research & Technologies (QRT)
282
Qube Research & Technologies (QRT)
United Kingdom
$325K +$311K +19,256 New
KWM
283
Keating Wealth Management
Colorado
$323K +$310K +19,186 New
RW
284
RVW Wealth
California
$322K
1W
285
1776 Wealth
Georgia
$320K
SFP
286
Strategic Financial Partners
Oregon
$316K
EWM
287
EPG Wealth Management
Georgia
$313K +$29.5K +1,831 +11%
SW
288
SteelPeak Wealth
California
$306K -$5.11K -317 -2%
AAMA
289
Advanced Asset Management Advisors
Ohio
$303K -$305K -18,900 -51%
GVAG
290
Great Valley Advisor Group
Delaware
$303K -$915K -56,735 -76%
BAM
291
Belpointe Asset Management
Nevada
$296K -$468 -29 -0.2%
DFG
292
Delta Financial Group
New Jersey
$295K
GRP
293
Global Retirement Partners
California
$291K -$101K -6,241 -27%
JCM
294
Jacobi Capital Management
Pennsylvania
$287K +$1.87K +116 +0.7%
AFA
295
American Financial Advisors
Georgia
$281K -$183K -11,348 -41%
KA
296
Kure Advisory
Minnesota
$280K -$1.52M -93,980 -85%
LPAM
297
Lodestar Private Asset Management
California
$274K -$21.3K -1,319 -8%
MWA
298
Meridian Wealth Advisors
Texas
$271K +$3.82K +237 +1%
PI
299
PFG Investments
New York
$270K -$17.5K -1,087 -6%
TCA
300
Transcend Capital Advisors
New Jersey
$265K +$323 +20 +0.1%

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.