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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
CCA
301
Cadent Capital Advisors
Oklahoma
$239K +$2.4K +151 +1%
HH
302
Hilltop Holdings
Texas
$231K +$71.3K +4,486 +45%
Ameriprise
303
Ameriprise
Minnesota
$230K +$229K +14,393 New
AWA
304
Acorn Wealth Advisors
Michigan
$228K +$397 +25 +0.2%
BCM
305
Brookstone Capital Management
Illinois
$228K +$228K +14,331 New
FFN
306
Focus Financial Network
Minnesota
$227K -$4.91K -309 -2%
FAIM
307
Financial Advocates Investment Management
Washington
$224K -$12.5K -784 -5%
GWSG
308
GPS Wealth Strategies Group
Colorado
$221K -$16.2K -1,020 -7%
VCM
309
Virtue Capital Management
Tennessee
$217K -$1.59K -100 -0.7%
CIA
310
Capital Investment Advisors
Georgia
$211K +$210K +13,209 New
DC
311
DeDora Capital
California
$210K +$209K +13,153 New
RPCA
312
Running Point Capital Advisors
California
$210K
Susquehanna International Group
313
Susquehanna International Group
Pennsylvania
$204K -$16.8K -1,058 -8%
CAC
314
Certified Advisory Corp
Florida
$202K +$8.58K +540 +4%
LNC
315
Lincoln National Corp
Pennsylvania
$201K -$581K -36,544 -74%
Creative Planning
316
Creative Planning
Kansas
$189K -$49.5K -3,114 -21%
HA
317
HFG Advisors
Ohio
$186K
TI
318
Trexquant Investment
Connecticut
$185K +$184K +11,602 New
PA
319
Pinnacle Associates
New York
$185K
OWA
320
Octavia Wealth Advisors
Ohio
$183K +$22.9K +1,441 +14%
MWM
321
MBE Wealth Management
Wisconsin
$183K +$10.1K +634 +6%
BWA
322
Beam Wealth Advisors
Louisiana
$183K -$8.47K -533 -4%
ST
323
Spinnaker Trust
Maine
$183K -$26.7K -1,680 -13%
LIM
324
Leavell Investment Management
Alabama
$183K +$11.4K +717 +7%
SNB
325
Security National Bank
Nebraska
$183K -$1.35K -85 -0.7%

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.