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First Trust Preferred Securities and Income ETF

422 hedge funds and large institutions have $4.54B invested in First Trust Preferred Securities and Income ETF in 2022 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 152 increasing their positions, 152 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

267,300% more call options, than puts

Call options by funds: $2.67M | Put options by funds: $1K

48% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 40

3% more funds holding

Funds holding: 408422 (+14)

0% more funds holding in top 10

Funds holding in top 10: 3737 (0)

0% more repeat investments, than reductions

Existing positions increased: 152 | Existing positions reduced: 152

0.14% less ownership

Funds ownership: 60.37%60.23% (-0.14%)

6% less capital invested

Capital invested by funds: $4.83B → $4.54B (-$292M)

Holders
422
Holders Change
+14
Holders Change %
+3.43%
% of All Funds
6.66%
Holding in Top 10
37
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.58%
New
59
Increased
152
Reduced
152
Closed
40
Calls
$2.67M
Puts
$1K
Net Calls
+$2.67M
Net Calls Change
+$2.67M
Name Holding Trade Value Shares
Change
Change in
Stake
BFG
26
Berger Financial Group
Minnesota
$28.3M +$15.4M +788,579 +113%
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$26.3M +$3.46M +177,609 +15%
TLP
28
Trinity Legacy Partners
Texas
$25.1M +$1.76M +90,387 +7%
ST
29
Spinnaker Trust
Maine
$25.1M +$4.63M +237,521 +22%
KAS
30
Kestra Advisory Services
Texas
$24.5M +$1.87M +96,089 +8%
SFI
31
SPC Financial Inc
Maryland
$24.3M +$6.44M +330,818 +35%
Carson Wealth (CWM LLC)
32
Carson Wealth (CWM LLC)
Nebraska
$21M -$2.77M -142,208 -11%
MFG
33
Magnus Financial Group
New York
$19.7M -$292K -15,011 -1%
TNBTD
34
Trustmark National Bank Trust Department
Mississippi
$19.6M -$124K -6,341 -0.6%
SA
35
Stonebridge Advisors
Connecticut
$19M -$9.52M -488,908 -33%
MAP
36
Milestone Advisory Partners
North Carolina
$18.4M -$84.5K -4,337 -0.4%
AAP
37
Arax Advisory Partners
Colorado
$18.3M +$468K +24,045 +3%
HI
38
Horizon Investments
North Carolina
$18.3M +$18.8M +965,263 New
CAG
39
Csenge Advisory Group
Florida
$17.3M -$34.8K -1,786 -0.2%
HWA
40
HCR Wealth Advisors
California
$17.1M +$1.53M +78,435 +10%
PAG
41
Private Advisor Group
New Jersey
$16.1M +$2.44M +125,088 +17%
1IA
42
1834 Investment Advisors
Wisconsin
$16M +$130K +6,661 +0.8%
EWM
43
Empirical Wealth Management
Washington
$15.5M +$1.24M +63,705 +8%
MML Investors Services
44
MML Investors Services
Massachusetts
$15.2M +$466K +23,947 +3%
Rockefeller Capital Management
45
Rockefeller Capital Management
New York
$15M -$63.9K -3,278 -0.4%
AI
46
Atria Investments
North Carolina
$12.4M -$278K -14,254 -2%
Citigroup
47
Citigroup
New York
$12.4M -$1.13M -58,001 -8%
AWE
48
Avidian Wealth Enterprises
Texas
$11.8M +$1.5M +76,752 +14%
WWM
49
Western Wealth Management
Colorado
$11M +$3.72M +191,159 +49%
PI
50
PFS Investments
Georgia
$10.7M +$10.9M +561,702 New

FPE Hedge Fund Activity: Q1 2022 in Review

422 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2022, worth a combined $4.54B — down 6% from $4.83B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new FPE positions and 40 closed out — a net gain of 19 holders — while 152 added to existing stakes and 152 trimmed.

The largest buyer was Wells Fargo, adding an estimated $36.8M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $34.9M.

  • 422 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2022, up from 408 in Q4 2021.
  • Funds reported $4.54B of First Trust Preferred Securities and Income ETF stock for Q1 2022, down 6% quarter-over-quarter.
  • 59 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2022 and 40 closed out, a net change of +19 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2022 was Wells Fargo, an estimated $36.8M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2022 was Northwestern Mutual Wealth Management, an estimated $34.9M sold.

Based on aggregated 13F filings for Q1 2022.