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First Trust Preferred Securities and Income ETF

413 hedge funds and large institutions have $3.51B invested in First Trust Preferred Securities and Income ETF in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 175 increasing their positions, 136 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 36

29% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 136

8% more capital invested

Capital invested by funds: $3.24B → $3.51B (+$270M)

2% more funds holding

Funds holding: 405413 (+8)

0.94% more ownership

Funds ownership: 61.65%62.59% (+0.94%)

11% less funds holding in top 10

Funds holding in top 10: 1917 (-2)

Holders
413
Holders Change
+8
Holders Change %
+1.98%
% of All Funds
5.93%
Holding in Top 10
17
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-10.53%
% of All Funds
0.24%
New
47
Increased
175
Reduced
136
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CB
401
CNB Bank
Pennsylvania
$6.33K
TAM
402
Tucker Asset Management
Colorado
$5.43K
CT
403
Colonial Trust
South Carolina
$5.42K
FUBT
404
First United Bank & Trust
Maryland
$3.98K
PW
405
Paladin Wealth
Minnesota
$2.99K +$2.93K +165 New
CJ
406
Caitlin John
Michigan
$2.97K
OP
407
ORG Partners
Indiana
$2.73K
HNB
408
Huntington National Bank
Ohio
$2.57K
NIC
409
Northwest Investment Counselors
Oregon
$2.46K +$2.41K +136 New
KFI
410
Key Financial Inc
Pennsylvania
$2.3K
SAM
411
Smartleaf Asset Management
Massachusetts
$2.27K -$65.6K -3,700 -97%
CAL
412
Capital Analysts LLC
Pennsylvania
$1K
Fidelity Investments
413
Fidelity Investments
Massachusetts
$72 +$18 +1 +33%
PWS
414
Peterson Wealth Services
Utah
$46 +$53 +3 New
Cetera Investment Advisers
415
Cetera Investment Advisers
Illinois
-$19.8M -1,142,993 Closed
AA
416
Advisory Alpha
Michigan
-$9.58M -552,002 Closed
SAM
417
Synergy Asset Management
Washington
-$6.21M -357,880 Closed
SA
418
Sanctuary Advisors
Indiana
-$5.27M -309,285 Closed
LI
419
LRI Investments
Florida
-$880K -50,704 Closed
MA
420
MJP Associates
Connecticut
-$752K -43,312 Closed
OMC
421
Old Mission Capital
Illinois
-$519K -29,908 Closed
GSIAS
422
Garden State Investment Advisory Services
New Jersey
-$457K -26,336 Closed
QC
423
Quadrature Capital
United Kingdom
-$439K -25,274 Closed
LMKC
424
L.M. Kohn & Company
Ohio
-$369K -21,267 Closed
CFS
425
Commonwealth Financial Services
West Virginia
-$315K -17,984 Closed

FPE Hedge Fund Activity: Q3 2024 in Review

413 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2024, worth a combined $3.51B — up 8.3% from $3.24B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new FPE positions and 36 closed out — a net gain of 11 holders — while 175 added to existing stakes and 136 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $28.8M. The largest seller was Cetera Investment Advisers, exiting entirely with an estimated $19.8M sold.

  • 413 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2024, up from 405 in Q2 2024.
  • Funds reported $3.51B of First Trust Preferred Securities and Income ETF stock for Q3 2024, up 8.3% quarter-over-quarter.
  • 47 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2024 and 36 closed out, a net change of +11 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2024 was Morgan Stanley, an estimated $28.8M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2024 was Cetera Investment Advisers, an estimated $19.8M sold.

Based on aggregated 13F filings for Q3 2024.