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First Trust Preferred Securities and Income ETF

404 hedge funds and large institutions have $4.13B invested in First Trust Preferred Securities and Income ETF in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 127 increasing their positions, 173 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 36

34% more capital invested

Capital invested by funds: $3.08B → $4.13B (+$1.05B)

18.25% more ownership

Funds ownership: 59.91%78.16% (+18%)

4% more funds holding

Funds holding: 387404 (+17)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

27% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 173

37% less call options, than puts

Call options by funds: $266K | Put options by funds: $422K

Holders
404
Holders Change
+17
Holders Change %
+4.39%
% of All Funds
5.89%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
57
Increased
127
Reduced
173
Closed
36
Calls
$266K
Puts
$422K
Net Calls
-$156K
Net Calls Change
-$269K
Name Holding Trade Value Shares
Change
Change in
Stake
CPA
351
Clear Point Advisors
New York
$128K +$123K +7,612 New
William Blair & Company
352
William Blair & Company
Illinois
$128K -$43K -2,663 -26%
ST
353
Smithfield Trust
Pennsylvania
$124K
CAM
354
Creekmur Asset Management
Illinois
$116K +$111K +6,851 New
IAIM
355
International Assets Investment Management
Florida
$107K +$27.2M +1,685,412 +1,480%
NB
356
NBT Bank
New York
$94.5K +$90.4K +5,605 New
CSC
357
Caldwell Sutter Capital
California
$87.5K +$8.84K +548 +12%
FCA
358
FinTrust Capital Advisors
South Carolina
$84.3K -$20.9K -1,295 -21%
FCT
359
First Community Trust
Iowa
$72.5K
FRA
360
Front Row Advisors
California
$67.4K
IRC
361
Investors Research Corp
Georgia
$62.9K
MHR
362
Matthew Hamilton Rosenberg
$53K -$6.41K -397 -11%
CAL
363
Capital Advisors Ltd
Ohio
$50K
BAM
364
Bellevue Asset Management
Washington
$46.5K
EWP
365
Elevation Wealth Partners
California
$45K
HCP
366
Hexagon Capital Partners
Arkansas
$44.6K -$15.8K -979 -27%
National Bank of Canada
367
National Bank of Canada
Quebec, Canada
$43.8K
PMFA
368
Plante Moran Financial Advisors
Michigan
$41.5K
FGAM
369
Financial Gravity Asset Management
Texas
$36.2K +$28.4K +1,760 +419%
SS
370
Sunbelt Securities
Texas
$34K -$4.89K -303 -13%
GEA
371
Glen Eagle Advisors
New Jersey
$34K
LC
372
Lindbrook Capital
California
$33.7K
TSWM
373
Tyler-Stone Wealth Management
Ohio
$32K
LFG
374
Larson Financial Group
Missouri
$25.4K +$274 +17 +1%
RCM
375
Raleigh Capital Management
North Carolina
$23.6K +$307 +19 +1%

FPE Hedge Fund Activity: Q4 2023 in Review

404 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2023, worth a combined $4.13B — up 34% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new FPE positions and 36 closed out — a net gain of 21 holders — while 127 added to existing stakes and 173 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $691M. The largest seller was Berger Financial Group, cutting an estimated $23.8M.

  • 404 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2023, up from 387 in Q3 2023.
  • Funds reported $4.13B of First Trust Preferred Securities and Income ETF stock for Q4 2023, up 34% quarter-over-quarter.
  • 57 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2023 and 36 closed out, a net change of +21 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q4 2023 was Morgan Stanley, an estimated $691M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q4 2023 was Berger Financial Group, an estimated $23.8M sold.

Based on aggregated 13F filings for Q4 2023.