First Trust Preferred Securities and Income ETF
432 hedge funds and large institutions have $4.23B invested in First Trust Preferred Securities and Income ETF in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 193 increasing their positions, 139 reducing their positions, and 41 closing their positions.
1,229% more call options, than puts
Call options by funds: $186K | Put options by funds: $14K
39% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 139
6% more capital invested
Capital invested by funds: $4B → $4.23B (+$233M)
0.83% less ownership
Funds ownership: 68.88% → 68.06% (-0.83%)
7% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 41
3% less funds holding
Funds holding: 444 → 432 (-12)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$59.5M |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$31.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.8M |
| 4 |
IWA
Integrity Wealth Advisors
Ventura,
California
|
+$17.7M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$65.4M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$32.6M |
| 3 |
Jane Street
New York
|
-$25M |
| 4 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
-$16.6M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$10.9M |
FPE Hedge Fund Activity: Q3 2025 in Review
432 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2025, worth a combined $4.23B — up 5.8% from $4B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FPE and 38 opened new positions — a net loss of 3 holders — while 139 trimmed existing stakes and 193 added.
The largest buyer was Royal Bank of Canada, adding an estimated $59.5M. The largest seller was Gallagher Fiduciary Advisors, cutting an estimated $65.4M.
- 432 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2025, down from 444 in Q2 2025.
- Funds reported $4.23B of First Trust Preferred Securities and Income ETF stock for Q3 2025, up 5.8% quarter-over-quarter.
- 38 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2025 and 41 closed out, a net change of -3 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q3 2025 was Royal Bank of Canada, an estimated $59.5M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q3 2025 was Gallagher Fiduciary Advisors, an estimated $65.4M sold.
Based on aggregated 13F filings for Q3 2025.