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First Trust Preferred Securities and Income ETF

404 hedge funds and large institutions have $4.13B invested in First Trust Preferred Securities and Income ETF in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 127 increasing their positions, 173 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 36

34% more capital invested

Capital invested by funds: $3.08B → $4.13B (+$1.05B)

18.25% more ownership

Funds ownership: 59.91%78.16% (+18%)

4% more funds holding

Funds holding: 387404 (+17)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

27% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 173

37% less call options, than puts

Call options by funds: $266K | Put options by funds: $422K

Holders
404
Holders Change
+17
Holders Change %
+4.39%
% of All Funds
5.89%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
57
Increased
127
Reduced
173
Closed
36
Calls
$266K
Puts
$422K
Net Calls
-$156K
Net Calls Change
-$269K
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$20.6M -$1.73M -107,469 -8%
PCM
27
Price Capital Management
Louisiana
$20.3M +$19.4M +1,204,890 New
Baird Financial Group
28
Baird Financial Group
Wisconsin
$19.6M +$1.46M +90,637 +8%
EWM
29
Empirical Wealth Management
Washington
$17.8M +$789K +48,914 +5%
Bank of Montreal
30
Bank of Montreal
Ontario, Canada
$16.9M +$6.6M +408,980 +69%
Truist Financial
31
Truist Financial
North Carolina
$16.5M -$1.93M -119,687 -11%
PFS
32
Prospera Financial Services
Texas
$15.7M +$5.52M +342,258 +58%
HWA
33
HCR Wealth Advisors
California
$15.6M +$2.65M +163,975 +22%
OPAM
34
Ocean Park Asset Management
California
$14.8M +$4.65M +288,528 +49%
Barclays
35
Barclays
United Kingdom
$14.1M +$13.5M +838,610 New
MML Investors Services
36
MML Investors Services
Massachusetts
$13.4M -$1,000K -61,974 -7%
SWP
37
Stratos Wealth Partners
Ohio
$13.3M +$12.8M +790,665 New
Wealth Enhancement Advisory Services
38
Wealth Enhancement Advisory Services
Minnesota
$12.1M -$391K -24,252 -3%
TLP
39
Trinity Legacy Partners
Texas
$12.1M -$4.4M -272,935 -28%
MMA
40
Miracle Mile Advisors
California
$11.9M -$5.36M -332,193 -32%
GI
41
Gradient Investments
Minnesota
$11.8M -$376K -23,331 -3%
NRI
42
NFP Retirement Inc
California
$11.7M -$133K -8,249 -1%
JP Morgan Chase
43
JP Morgan Chase
New York
$11.4M +$8.1M +502,374 +289%
SFG
44
StrategIQ Financial Group
Indiana
$11.4M -$337K -20,911 -3%
State of Tennessee, Department of Treasury
45
State of Tennessee, Department of Treasury
Tennessee
$11.2M +$3.14M +194,900 +42%
B
46
Barings
North Carolina
$10.7M +$6.89M +427,333 +208%
TW
47
Transform Wealth
Colorado
$10.3M +$223K +13,817 +2%
AWE
48
Avidian Wealth Enterprises
Texas
$9.46M -$2.47M -152,955 -21%
CAN
49
Cetera Advisor Networks
California
$8.97M +$481K +29,798 +6%
Citigroup
50
Citigroup
New York
$8.62M -$1.05M -65,027 -11%