First Trust Preferred Securities and Income ETF
42 hedge funds and large institutions have $145M invested in First Trust Preferred Securities and Income ETF in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 6 reducing their positions, and 0 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 6
63% more capital invested
Capital invested by funds: $89.3M → $145M (+$56.2M)
31% more funds holding
Funds holding: 32 → 42 (+10)
1.45% more ownership
Funds ownership: 54.36% → 55.81% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$12.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.8M |
| 3 |
Morgan Stanley
New York
|
+$6.07M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.55M |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$334K |
| 2 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$268K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$156K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$112K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.44K |
FPE Hedge Fund Activity: Q2 2015 in Review
42 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2015, worth a combined $145M — up 63% from $89.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FPE positions and 0 closed out — a net gain of 10 holders — while 22 added to existing stakes and 6 trimmed.
The largest buyer was Miracle Mile Advisors, opening a new position worth an estimated $12.5M. The largest seller was Goldman Sachs, cutting an estimated $334K.
- 42 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2015, up from 32 in Q1 2015.
- Funds reported $145M of First Trust Preferred Securities and Income ETF stock for Q2 2015, up 63% quarter-over-quarter.
- 10 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2015 and 0 closed out, a net change of +10 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2015 was Miracle Mile Advisors, an estimated $12.5M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2015 was Goldman Sachs, an estimated $334K sold.
Based on aggregated 13F filings for Q2 2015.