First Trust Preferred Securities and Income ETF
33 hedge funds and large institutions have $48.2M invested in First Trust Preferred Securities and Income ETF in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
26% more capital invested
Capital invested by funds: $38.3M → $48.2M (+$9.83M)
22% more funds holding
Funds holding: 27 → 33 (+6)
1.23% less ownership
Funds ownership: 47.2% → 45.97% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$1.96M |
| 2 |
Jane Street
New York
|
+$1.19M |
| 3 |
Morgan Stanley
New York
|
+$1.14M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.03M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NES
New England Securities
New York
|
-$882K |
| 2 |
PI
Placemark Investments
Chicago,
Illinois
|
-$329K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$141K |
| 4 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$128K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $43K | – | – | – |
|
|
NPC
27
National Planning Corporation
El Segundo,
California
| $37.8K | +$38K | +2,000 | New |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $31K | +$13.3K | +700 | +70% |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $15K | -$3.33K | -175 | -18% |
|
30
Wells Fargo
San Francisco,
California
| $8K | – | – | – |
|
31
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
32
Citigroup
New York
| $4K | – | – | – |
|
|
FBT
33
Founders Bank & Trust
Grand Rapids,
Michigan
| $2K | – | – | – |
|
|
PI
34
Placemark Investments
Chicago,
Illinois
| – | -$329K | -17,460 | Closed |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| – | -$141K | -7,500 | Closed |
|
FPE Hedge Fund Activity: Q4 2014 in Review
33 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2014, worth a combined $48.2M — up 26% from $38.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FPE positions and 2 closed out — a net gain of 7 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was American International Group, opening a new position worth an estimated $1.96M. The largest seller was New England Securities, cutting an estimated $882K.
- 33 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2014, up from 27 in Q3 2014.
- Funds reported $48.2M of First Trust Preferred Securities and Income ETF stock for Q4 2014, up 26% quarter-over-quarter.
- 9 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2014 and 2 closed out, a net change of +7 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q4 2014 was American International Group, an estimated $1.96M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q4 2014 was New England Securities, an estimated $882K sold.
Based on aggregated 13F filings for Q4 2014.