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First Trust Preferred Securities and Income ETF

305 hedge funds and large institutions have $2.59B invested in First Trust Preferred Securities and Income ETF in 2020 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 102 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $2.18B → $2.59B (+$415M)

18% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 39

12% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 102

1% more funds holding

Funds holding: 301305 (+4)

1.1% more ownership

Funds ownership: 50.41%51.51% (+1.1%)

9% less funds holding in top 10

Funds holding in top 10: 2321 (-2)

Holders
305
Holders Change
+4
Holders Change %
+1.33%
% of All Funds
6.25%
Holding in Top 10
21
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.7%
% of All Funds
0.43%
New
46
Increased
114
Reduced
102
Closed
39
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FMB
301
Field & Main Bank
Kentucky
$4K +$3.77K +209 New
SIS
302
Sound Income Strategies
Florida
$3K
LAS
303
Lloyd Advisory Services
Georgia
$2K +$36 +2 +2%
LFG
304
Larson Financial Group
Missouri
$2K +$1.82K +101 +404%
GWMIA
305
Global Wealth Management Investment Advisory
Florida
$1K -$2.56K -142 -65%
BRWM
306
B. Riley Wealth Management
Tennessee
-$4.32M -263,623 Closed
FAAS
307
First Allied Advisory Services
California
-$2.96M -180,558 Closed
Verition Fund Management
308
Verition Fund Management
Connecticut
-$1.67M -101,636 Closed
CFGS
309
Concourse Financial Group Securities
Alabama
-$1.67M -92,564 Closed
AA
310
Argent Advisors
Louisiana
-$1.31M -79,979 Closed
SF
311
Synovus Financial
Georgia
-$1.16M -70,378 Closed
BC
312
Brio Consultants
California
-$1.04M -63,268 Closed
JIP
313
Jaffetilchin Investment Partners
Florida
-$892K -54,405 Closed
TFS
314
Thoroughbred Financial Services
Tennessee
-$597K -36,374 Closed
SC
315
Scotia Capital
Ontario, Canada
-$560K -34,147 Closed
FTUS
316
Flow Traders U.S.
New York
-$504K -30,755 Closed
Ameriprise
317
Ameriprise
Minnesota
-$392K -23,906 Closed
PAG
318
Private Advisory Group
Washington
-$336K -20,478 Closed
RSWM
319
Robertson Stephens Wealth Management
California
-$324K -19,778 Closed
ISB
320
Iowa State Bank
Iowa
-$317K -19,324 Closed
LF
321
LifeSteps Financial
California
-$313K -19,088 Closed
AWA
322
ARQ Wealth Advisors
Arizona
-$307K -18,696 Closed
WIA
323
World Investment Advisors
California
-$298K -18,179 Closed
AW
324
ACG Wealth
Georgia
-$266K -16,205 Closed
TWM
325
Triton Wealth Management
Arizona
-$223K -12,419 Closed

FPE Hedge Fund Activity: Q2 2020 in Review

305 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2020, worth a combined $2.59B — up 19% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FPE positions and 39 closed out — a net gain of 7 holders — while 114 added to existing stakes and 102 trimmed.

The largest buyer was Grimes & Company, opening a new position worth an estimated $65.1M. The largest seller was Eaton Vance Management, cutting an estimated $38M.

  • 305 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2020, up from 301 in Q1 2020.
  • Funds reported $2.59B of First Trust Preferred Securities and Income ETF stock for Q2 2020, up 19% quarter-over-quarter.
  • 46 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2020 and 39 closed out, a net change of +7 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2020 was Grimes & Company, an estimated $65.1M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2020 was Eaton Vance Management, an estimated $38M sold.

Based on aggregated 13F filings for Q2 2020.