First Trust Preferred Securities and Income ETF
22 hedge funds and large institutions have $28.4M invested in First Trust Preferred Securities and Income ETF in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $24.8M → $28.4M (+$3.63M)
5% more funds holding
Funds holding: 21 → 22 (+1)
1.48% more ownership
Funds ownership: 42.51% → 43.99% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.61M |
| 2 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$1.06M |
| 3 |
NES
New England Securities
New York
|
+$839K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$236K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$84.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.02M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$440K |
| 3 |
Jane Street
New York
|
-$296K |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
-$234K |
| 5 |
JP Morgan Chase
New York
|
-$9.95K |
FPE Hedge Fund Activity: Q2 2014 in Review
22 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2014, worth a combined $28.4M — up 15% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FPE positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.61M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.02M sold.
- 22 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2014, up from 21 in Q1 2014.
- Funds reported $28.4M of First Trust Preferred Securities and Income ETF stock for Q2 2014, up 15% quarter-over-quarter.
- 6 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2014 and 4 closed out, a net change of +2 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2014 was Morgan Stanley, an estimated $3.61M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2014 was Virtu KCG Holdings, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2014.