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First Trust Preferred Securities and Income ETF

405 hedge funds and large institutions have $3.26B invested in First Trust Preferred Securities and Income ETF in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 163 increasing their positions, 140 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 140

16% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 38

0% more funds holding

Funds holding: 404405 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

16.67% less ownership

Funds ownership: 78.16%61.49% (-17%)

21% less capital invested

Capital invested by funds: $4.13B → $3.26B (-$873M)

90% less call options, than puts

Call options by funds: $35K | Put options by funds: $348K

Holders
405
Holders Change
+1
Holders Change %
+0.25%
% of All Funds
5.83%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
44
Increased
163
Reduced
140
Closed
38
Calls
$35K
Puts
$348K
Net Calls
-$313K
Net Calls Change
-$157K
Name Holding Trade Value Shares
Change
Change in
Stake
CJ
401
Caitlin John
Michigan
$2.86K
HNB
402
Huntington National Bank
Ohio
$2.46K
KFI
403
Key Financial Inc
Pennsylvania
$2.2K +$2.17K +127 New
HI
404
Horizon Investments
North Carolina
$2.17K +$2.15K +126 New
CAL
405
Capital Analysts LLC
Pennsylvania
$1K -$144K -8,426 -100%
Fidelity Investments
406
Fidelity Investments
Massachusetts
$156 -$120 -7 -44%
OMC
407
Old Mission Capital
Illinois
-$47.8M -2,835,478 Closed
HighTower Advisors
408
HighTower Advisors
Illinois
-$35.3M -2,094,725 Closed
PCM
409
Price Capital Management
Louisiana
-$20.3M -1,204,890 Closed
Barclays
410
Barclays
United Kingdom
-$14.1M -838,610 Closed
State of Tennessee, Department of Treasury
411
State of Tennessee, Department of Treasury
Tennessee
-$11.2M -662,100 Closed
Susquehanna International Group
412
Susquehanna International Group
Pennsylvania
-$4.32M -256,026 Closed
KA
413
Kovack Advisors
Florida
-$2.95M -174,998 Closed
CW
414
Connectus Wealth
Ohio
-$1.18M -70,000 Closed
CL
415
Choreo LLC
Illinois
-$925K -54,841 Closed
SIA
416
Soltis Investment Advisors
Utah
-$737K -43,740 Closed
MFP
417
Meridian Financial Partners
Virginia
-$615K -36,469 Closed
Mercer Global Advisors
418
Mercer Global Advisors
Colorado
-$453K -26,870 Closed
WAP
419
Wealthcare Advisory Partners
Pennsylvania
-$390K -23,116 Closed
WWA
420
WCG Wealth Advisors
Nevada
-$385K -22,856 Closed
FPAS
421
Focus Partners Advisor Solutions
Missouri
-$371K -22,011 Closed
AFG
422
Atomi Financial Group
New York
-$366K -21,689 Closed
Thrivent Financial for Lutherans
423
Thrivent Financial for Lutherans
Minnesota
-$359K -21,267 Closed
WWMSC
424
Wagner Wealth Management (South Carolina)
South Carolina
-$352K -20,866 Closed
SFP
425
Strategic Financial Partners
Oregon
-$316K -18,746 Closed

FPE Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2024, worth a combined $3.26B — down 21% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FPE positions and 38 closed out — a net gain of 6 holders — while 163 added to existing stakes and 140 trimmed.

The largest buyer was UBS Group, adding an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $800M.

  • 405 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2024, up from 404 in Q4 2023.
  • Funds reported $3.26B of First Trust Preferred Securities and Income ETF stock for Q1 2024, down 21% quarter-over-quarter.
  • 44 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2024 and 38 closed out, a net change of +6 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2024 was UBS Group, an estimated $14.2M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $800M sold.

Based on aggregated 13F filings for Q1 2024.