First Trust Preferred Securities and Income ETF
32 hedge funds and large institutions have $89.3M invested in First Trust Preferred Securities and Income ETF in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 4 reducing their positions, and 6 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 4
85% more capital invested
Capital invested by funds: $48.2M → $89.3M (+$41.1M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
8.4% more ownership
Funds ownership: 45.97% → 54.36% (+8.4%)
3% less funds holding
Funds holding: 33 → 32 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.9M |
| 2 |
Morgan Stanley
New York
|
+$9.98M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.03M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$2.98M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.18M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$688K |
| 3 |
Goldman Sachs
New York
|
-$433K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$405K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $172K | +$155K | +8,147 | +988% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $119K | +$11.7K | +611 | +11% |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $44K | – | – | – |
|
|
MAA
29
Managed Account Advisors
Jersey City,
New Jersey
| $34K | +$33.9K | +1,775 | New |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $20K | -$13.3K | -700 | -41% |
|
31
Wells Fargo
San Francisco,
California
| $8K | – | – | – |
|
32
Citigroup
New York
| $4K | – | – | – |
|
|
33
Jane Street
New York
| – | -$1.18M | -62,368 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$688K | -36,490 | Closed |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$405K | -21,497 | Closed |
|
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$313K | -16,608 | Closed |
|
|
NPC
37
National Planning Corporation
El Segundo,
California
| – | -$37.8K | -2,000 | Closed |
|
38
Creative Planning
Overland Park,
Kansas
| – | -$5K | -273 | Closed |
|
FPE Hedge Fund Activity: Q1 2015 in Review
32 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2015, worth a combined $89.3M — up 85% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FPE positions and 6 closed out — a net gain of 1 holder — while 18 added to existing stakes and 4 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $17.9M. The largest seller was Jane Street, exiting entirely with an estimated $1.18M sold.
- 32 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2015, down from 33 in Q4 2014.
- Funds reported $89.3M of First Trust Preferred Securities and Income ETF stock for Q1 2015, up 85% quarter-over-quarter.
- 7 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2015 and 6 closed out, a net change of +1 holder.
- The largest First Trust Preferred Securities and Income ETF buyer in Q1 2015 was Royal Bank of Canada, an estimated $17.9M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q1 2015 was Jane Street, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2015.