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First Trust Preferred Securities and Income ETF

205 hedge funds and large institutions have $1.61B invested in First Trust Preferred Securities and Income ETF in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 60 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 19

33% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 60

9% more funds holding

Funds holding: 188205 (+17)

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

4% more capital invested

Capital invested by funds: $1.55B → $1.61B (+$68.5M)

0.43% more ownership

Funds ownership: 44.41%44.84% (+0.43%)

Holders
205
Holders Change
+17
Holders Change %
+9.04%
% of All Funds
4.69%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.3%
New
37
Increased
80
Reduced
60
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
51
Baird Financial Group
Wisconsin
$3.48M +$321K +16,705 +10%
SFG
52
StrategIQ Financial Group
Indiana
$3.06M +$2.4M +125,081 +354%
PC
53
Palo Capital
California
$3.01M +$3.02M +157,516 New
EDRIA
54
Edmonds Duncan Registered Investment Advisors
Kansas
$2.79M +$20.2K +1,055 +0.7%
SAM
55
Stringer Asset Management
Tennessee
$2.79M +$677K +35,297 +32%
MA
56
Mutual Advisors
Nebraska
$2.68M +$161K +8,397 +6%
TC
57
Trilogy Capital
California
$2.5M +$2.44M +127,054 +3,474%
CA
58
Cetera Advisors
Colorado
$2.38M +$382K +19,886 +19%
WP
59
WealthSource Partners
California
$2.33M +$613K +31,931 +35%
RA
60
RFG Advisory
Alabama
$2.29M +$469K +24,451 +26%
CPIA
61
Cornell Pochily Investment Advisors
New York
$2.22M +$2.23M +116,272 +94,530%
IA
62
IFP Advisors
Florida
$2.07M -$306K -15,927 -13%
FLI
63
Family Legacy Inc
South Carolina
$2.07M +$76.2K +3,969 +4%
PAG
64
Private Advisor Group
New Jersey
$2.02M +$1.21M +62,829 +147%
BRWM
65
B. Riley Wealth Management
Tennessee
$1.99M +$2M +104,005 New
CS
66
Comerica Securities
Michigan
$1.96M +$137K +7,142 +7%
FWM
67
Frontier Wealth Management
Missouri
$1.95M -$76.5K -3,988 -4%
SB
68
Suntrust Banks
Georgia
$1.92M +$146K +7,617 +8%
PFA
69
Pinnacle Family Advisors
Missouri
$1.81M +$1.82M +94,985 New
Carson Wealth (CWM LLC)
70
Carson Wealth (CWM LLC)
Nebraska
$1.77M +$1.06M +55,243 +148%
BCM
71
Bluefin Capital Management
New York
$1.71M +$1.72M +89,428 New
GWM
72
Geneos Wealth Management
Colorado
$1.7M +$106K +5,544 +7%
PFS
73
Prospera Financial Services
Texas
$1.69M -$853K -44,438 -33%
BAS
74
Brown Advisory Securities
Maryland
$1.55M -$2.63K -137 -0.2%
AF
75
Advisornet Financial
Minnesota
$1.51M +$350K +18,217 +30%

FPE Hedge Fund Activity: Q3 2018 in Review

205 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2018, worth a combined $1.61B — up 4.4% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new FPE positions and 19 closed out — a net gain of 18 holders — while 80 added to existing stakes and 60 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $22M. The largest seller was Beacon Financial Group, cutting an estimated $19.2M.

  • 205 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2018, up from 188 in Q2 2018.
  • Funds reported $1.61B of First Trust Preferred Securities and Income ETF stock for Q3 2018, up 4.4% quarter-over-quarter.
  • 37 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2018 and 19 closed out, a net change of +18 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2018 was Royal Bank of Canada, an estimated $22M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2018 was Beacon Financial Group, an estimated $19.2M sold.

Based on aggregated 13F filings for Q3 2018.