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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
DWMS
326
Dominguez Wealth Management Solutions
Virginia
$182K +$604 +38 +0.3%
CHA
327
Carmichael Hill & Associates
Maryland
$178K
AP
328
Americana Partners
Texas
$178K -$42.3K -2,660 -19%
CAP
329
Columbia Advisory Partners
Washington
$176K -$1.59K -100 -0.9%
APP
330
Avantax Planning Partners
Iowa
$174K +$173K +10,909 New
HF
331
HRT Financial
New York
$173K +$172K +10,844 New
PFG
332
Prosperity Financial Group
California
$172K +$318 +20 +0.2%
NP
333
Nilsine Partners
Colorado
$169K +$168K +10,560 New
FCM
334
Family Capital Management
Michigan
$169K
UCFA
335
United Capital Financial Advisors
Texas
$166K -$72K -4,530 -30%
BO
336
Bank OZK
Arkansas
$166K -$104K -6,518 -39%
CF
337
Centaurus Financial
California
$164K -$7.92K -498 -5%
TC
338
TownSquare Capital
Utah
$164K +$163K +10,259 New
William Blair & Company
339
William Blair & Company
Illinois
$162K -$82.3K -5,175 -34%
CCFM
340
Clear Creek Financial Management
Washington
$162K -$396K -24,885 -71%
OCM
341
Objective Capital Management
Ohio
$160K -$31.8K -2,000 -17%
LSA
342
Lansing Street Advisors
Pennsylvania
$150K +$1.54K +97 +1%
CAL
343
Capital Analysts LLC
Pennsylvania
$135K
ST
344
Smithfield Trust
Pennsylvania
$119K
DWMG
345
DB Wealth Management Group
California
$110K
PMFA
346
Plante Moran Financial Advisors
Michigan
$103K +$63.6K +4,000 +162%
FRA
347
Front Row Advisors
California
$80K -$79.5K -5,000 -50%
HBW
348
Hazlett, Burt & Watson
West Virginia
$80K +$445 +28 +0.6%
WT
349
Whittier Trust
California
$79.8K
PB
350
Pinnacle Bancorp
Nebraska
$76.4K

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.