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First Trust Preferred Securities and Income ETF

289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $2.59B → $2.83B (+$240M)

1.66% more ownership

Funds ownership: 51.51%53.18% (+1.7%)

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

5% less funds holding

Funds holding: 305289 (-16)

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Holders
289
Holders Change
-16
Holders Change %
-5.25%
% of All Funds
5.83%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.4%
New
30
Increased
127
Reduced
91
Closed
44
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
AIC
301
Ameritas Investment Company
Nebraska
-$742K -40,287 Closed
Citadel Advisors
302
Citadel Advisors
Florida
-$679K -36,848 Closed
AIP
303
Almanack Investment Partners
Pennsylvania
-$640K -34,739 Closed
Northern Trust
304
Northern Trust
Illinois
-$6K -33,894 Closed
Koshinski Asset Management
305
Koshinski Asset Management
Illinois
-$490K -26,598 Closed
NA
306
NewEdge Advisors
Louisiana
-$481K -26,133 Closed
CWA
307
Clarus Wealth Advisors
Arizona
-$478K -25,675 Closed
Goldman Sachs
308
Goldman Sachs
New York
-$422K -22,921 Closed
COF
309
Capital One Financial
Virginia
-$403K -21,856 Closed
LWPC
310
Legacy Wealth Partners (California)
California
-$374K -20,291 Closed
JWCA
311
J.W. Cole Advisors
Florida
-$366K -19,856 Closed
HFP
312
Holistic Financial Partners
Indiana
-$241K -13,068 Closed
LWAC
313
Laurel Wealth Advisors (California)
California
-$233K -12,642 Closed
Lido Advisors
314
Lido Advisors
California
-$231K -12,534 Closed
CS
315
Comerica Securities
Michigan
-$221K -11,993 Closed
ACA
316
Aptus Capital Advisors
Alabama
-$216K -11,771 Closed
MIM
317
Moseley Investment Management
Florida
-$196K -10,625 Closed
SS
318
Simplicity Solutions
Minnesota
-$195K -10,604 Closed
RJT
319
Raymond James Trust
Florida
-$189K -10,280 Closed
MFG
320
Merit Financial Group
Georgia
-$184K -10,015 Closed
OPS
321
Orion Portfolio Solutions
Nebraska
-$112K -6,082 Closed
MIFH
322
Migdal Insurance & Financial Holdings
Israel
-$90K -4,910 Closed
EAM
323
Eukles Asset Management
Ohio
-$84K -4,582 Closed
SMG
324
Spectrum Management Group
Indiana
-$50K -2,724 Closed
PA
325
Procyon Advisors
Connecticut
-$31K -1,697 Closed

FPE Hedge Fund Activity: Q3 2020 in Review

289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.

The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.

  • 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
  • Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
  • 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.

Based on aggregated 13F filings for Q3 2020.