First Trust Preferred Securities and Income ETF
333 hedge funds and large institutions have $3.28B invested in First Trust Preferred Securities and Income ETF in 2020 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 147 increasing their positions, 81 reducing their positions, and 17 closing their positions.
271% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 17
81% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 81
25% more funds holding in top 10
Funds holding in top 10: 20 → 25 (+5)
16% more capital invested
Capital invested by funds: $2.83B → $3.28B (+$446M)
15% more funds holding
Funds holding: 289 → 333 (+44)
2.49% more ownership
Funds ownership: 53.18% → 55.67% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$59.8M |
| 2 |
Morgan Stanley
New York
|
+$33.3M |
| 3 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
+$15.7M |
| 4 |
ST
Spinnaker Trust
Portland,
Maine
|
+$14.3M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
-$5.71M |
| 2 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
-$5.34M |
| 3 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$5.19M |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$4.32M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$3.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Simplex Trading
Chicago,
Illinois
| – | -$1K | -100 | Closed |
|
352
Fidelity Investments
Boston,
Massachusetts
| – | +$99 | +5 | +250% |
|
FPE Hedge Fund Activity: Q4 2020 in Review
333 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2020, worth a combined $3.28B — up 16% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FPE positions and 17 closed out — a net gain of 46 holders — while 147 added to existing stakes and 81 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $59.8M. The largest seller was Trilogy Capital, exiting entirely with an estimated $5.71M sold.
- 333 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2020, up from 289 in Q3 2020.
- Funds reported $3.28B of First Trust Preferred Securities and Income ETF stock for Q4 2020, up 16% quarter-over-quarter.
- 63 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2020 and 17 closed out, a net change of +46 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q4 2020 was Northwestern Mutual Wealth Management, an estimated $59.8M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q4 2020 was Trilogy Capital, an estimated $5.71M sold.
Based on aggregated 13F filings for Q4 2020.