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First Trust Preferred Securities and Income ETF

289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $2.59B → $2.83B (+$240M)

1.66% more ownership

Funds ownership: 51.51%53.18% (+1.7%)

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

5% less funds holding

Funds holding: 305289 (-16)

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Holders
289
Holders Change
-16
Holders Change %
-5.25%
% of All Funds
5.83%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.4%
New
30
Increased
127
Reduced
91
Closed
44
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
MWPCG
51
Measured Wealth Private Client Group
New Hampshire
$6.96M +$393K +20,554 +6%
Bank of Montreal
52
Bank of Montreal
Ontario, Canada
$6.35M -$10.9K -572 -0.2%
B
53
Barings
North Carolina
$6.25M
WFG
54
Wills Financial Group
Virginia
$6.13M -$34.1K -1,786 -0.6%
AAS
55
Avantax Advisory Services
Texas
$6M -$5.99M -313,801 -50%
TW
56
Transform Wealth
Colorado
$5.79M -$27.3K -1,430 -0.5%
Comerica Bank
57
Comerica Bank
Texas
$5.78M +$602K +31,499 +12%
TC
58
Trilogy Capital
California
$5.71M -$470K -24,618 -8%
NDSI
59
Newman Dignan & Sheerar Inc
Rhode Island
$5.67M +$160K +8,355 +3%
QCIG
60
Quad-Cities Investment Group
Iowa
$5.45M +$103K +5,406 +2%
SPC
61
Sigma Planning Corp
Michigan
$5.42M +$688K +36,036 +15%
AWE
62
Avidian Wealth Enterprises
Texas
$5.34M -$361K -18,926 -6%
BRWM
63
B. Riley Wealth Management
Tennessee
$5.31M +$5.29M +276,990 New
GI
64
Gradient Investments
Minnesota
$5.27M +$48.6K +2,546 +0.9%
Rockefeller Capital Management
65
Rockefeller Capital Management
New York
$5.14M +$4.84M +253,539 +1,715%
FAAS
66
First Allied Advisory Services
California
$4.75M +$4.73M +247,584 New
Cetera Investment Advisers
67
Cetera Investment Advisers
Illinois
$4.7M -$392K -20,507 -8%
PAG
68
Private Advisor Group
New Jersey
$4.66M +$96.7K +5,063 +2%
AIM
69
Aspen Investment Management
Michigan
$4.41M +$14.8K +775 +0.3%
HR
70
Hardy Reed
Mississippi
$4.36M
SIM
71
SSI Investment Management
California
$4.33M +$4.31M +225,705 New
LNC
72
Lincoln National Corp
Pennsylvania
$4.31M +$309K +16,205 +8%
APWM
73
Atlas Private Wealth Management
New York
$4.25M -$126K -6,614 -3%
SFG
74
StrategIQ Financial Group
Indiana
$4.2M +$746K +39,063 +22%
Citigroup
75
Citigroup
New York
$4.19M +$274K +14,354 +7%

FPE Hedge Fund Activity: Q3 2020 in Review

289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.

The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.

  • 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
  • Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
  • 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.

Based on aggregated 13F filings for Q3 2020.