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First Trust Preferred Securities and Income ETF

432 hedge funds and large institutions have $4.23B invested in First Trust Preferred Securities and Income ETF in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 193 increasing their positions, 139 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,229% more call options, than puts

Call options by funds: $186K | Put options by funds: $14K

39% more repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 139

6% more capital invested

Capital invested by funds: $4B → $4.23B (+$233M)

0.83% less ownership

Funds ownership: 68.88%68.06% (-0.83%)

7% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 41

3% less funds holding

Funds holding: 444432 (-12)

6% less funds holding in top 10

Funds holding in top 10: 1615 (-1)

Holders
432
Holders Change
-12
Holders Change %
-2.7%
% of All Funds
5.67%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.2%
New
38
Increased
193
Reduced
139
Closed
41
Calls
$186K
Puts
$14K
Net Calls
+$172K
Net Calls Change
+$364K
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$24.8M -$2.4M -132,967 -9%
FWP
27
Falcon Wealth Planning
California
$23.3M +$1.39M +77,011 +6%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$22.2M +$708K +39,233 +3%
KWA
29
Kingswood Wealth Advisors
California
$21.4M +$6.48M +358,876 +44%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$21.2M -$1.61M -89,202 -7%
EWM
31
Empirical Wealth Management
Washington
$20.5M +$64.5K +3,574 +0.3%
Northwestern Mutual Wealth Management
32
Northwestern Mutual Wealth Management
Wisconsin
$20M +$8.34M +461,947 +73%
Truist Financial
33
Truist Financial
North Carolina
$19.2M +$431K +23,896 +2%
HWA
34
HCR Wealth Advisors
California
$18.3M +$810K +44,869 +5%
Citigroup
35
Citigroup
New York
$18M +$2.61M +144,720 +17%
SPIA
36
Steward Partners Investment Advisory
New York
$17.6M +$689K +38,158 +4%
Renaissance Technologies
37
Renaissance Technologies
New York
$16.4M +$3.5M +193,885 +28%
Kovitz Investment Group Partners
38
Kovitz Investment Group Partners
Illinois
$16M +$736K +40,770 +5%
Mariner
39
Mariner
Kansas
$15.2M +$918K +50,864 +7%
JP Morgan Chase
40
JP Morgan Chase
New York
$14.9M -$514K -28,475 -3%
NRI
41
NFP Retirement Inc
California
$13.5M -$797K -44,149 -6%
AWE
42
Avidian Wealth Enterprises
Texas
$13.4M +$252K +13,973 +2%
WA
43
Waverly Advisors
Alabama
$13.2M +$697K +38,590 +6%
ATPW
44
Ashton Thomas Private Wealth
Arizona
$12.5M +$1.65M +91,258 +15%
CAG
45
Csenge Advisory Group
Florida
$12.5M +$273K +15,125 +2%
AIP
46
Ameritas Investment Partners
Nebraska
$11.5M +$796K +44,103 +8%
KPWS
47
Kestra Private Wealth Services
Texas
$11.2M +$208K +11,499 +2%
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$10.9M +$342K +18,966 +3%
KC
49
Kinloch Capital
Virginia
$10.6M +$197K +10,926 +2%
TLP
50
Trinity Legacy Partners
Texas
$10.5M +$270K +14,931 +3%

FPE Hedge Fund Activity: Q3 2025 in Review

432 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2025, worth a combined $4.23B — up 5.8% from $4B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of FPE and 38 opened new positions — a net loss of 3 holders — while 139 trimmed existing stakes and 193 added.

The largest buyer was Royal Bank of Canada, adding an estimated $59.5M. The largest seller was Gallagher Fiduciary Advisors, cutting an estimated $65.4M.

  • 432 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2025, down from 444 in Q2 2025.
  • Funds reported $4.23B of First Trust Preferred Securities and Income ETF stock for Q3 2025, up 5.8% quarter-over-quarter.
  • 38 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2025 and 41 closed out, a net change of -3 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2025 was Royal Bank of Canada, an estimated $59.5M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2025 was Gallagher Fiduciary Advisors, an estimated $65.4M sold.

Based on aggregated 13F filings for Q3 2025.