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First Trust Preferred Securities and Income ETF

397 hedge funds and large institutions have $3.15B invested in First Trust Preferred Securities and Income ETF in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 138 increasing their positions, 162 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $125K | Put options by funds: $34K

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 40

1.82% more ownership

Funds ownership: 57.67%59.49% (+1.8%)

1% more capital invested

Capital invested by funds: $3.1B → $3.15B (+$45.7M)

0% more funds holding

Funds holding: 397397 (0)

15% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 162

Holders
397
Holders Change
Holders Change %
0%
% of All Funds
6.23%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
45
Increased
138
Reduced
162
Closed
40
Calls
$125K
Puts
$34K
Net Calls
+$91K
Net Calls Change
+$23K
Name Holding Trade Value Shares
Change
Change in
Stake
AO
51
Advisor OS
Illinois
$7.33M +$1.07M +67,468 +17%
CAG
52
Csenge Advisory Group
Florida
$7.15M -$1.76M -110,735 -20%
EH
53
Equitable Holdings
New York
$7.02M +$86K +5,413 +1%
TCM
54
Triumph Capital Management
Colorado
$6.83M +$1.35M +84,697 +25%
IIC
55
Ironwood Investment Counsel
Arizona
$6.78M +$1.47M +92,195 +28%
AAS
56
Avantax Advisory Services
Texas
$6.38M +$258K +16,204 +4%
EIA
57
Eldridge Investment Advisors
New Hampshire
$6.37M +$5.56M +349,766 +712%
AIC
58
Archer Investment Corporation
Indiana
$6.27M -$350K -22,033 -5%
MOS
59
MGO One Seven
Ohio
$6.26M -$643K -40,463 -9%
QCIG
60
Quad-Cities Investment Group
Iowa
$6.26M -$406K -25,510 -6%
Cetera Investment Advisers
61
Cetera Investment Advisers
Illinois
$6.08M +$198K +12,434 +3%
RIA
62
Regal Investment Advisors
Michigan
$5.93M +$2.4M +150,824 +68%
NDSI
63
Newman Dignan & Sheerar Inc
Rhode Island
$5.85M +$755K +47,520 +15%
GIA
64
Gladstone Institutional Advisory
Florida
$5.62M +$3.82M +240,604 +216%
GJIA
65
Glass Jacobson Investment Advisors
Maryland
$5.62M +$5.59M +351,959 New
WI
66
Wintrust Investments
Illinois
$5.47M +$473K +29,760 +10%
KWM
67
Keebeck Wealth Management
Illinois
$5.46M
PP
68
PFS Partners
New Jersey
$5.4M +$67.3K +4,233 +1%
ASN
69
Advisory Services Network
Georgia
$5.28M -$269K -16,947 -5%
AWM
70
AE Wealth Management
Kansas
$5.25M +$2.65M +166,931 +103%
OC
71
Oppenheimer & Co
New York
$5.23M +$2.47M +155,249 +90%
KC
72
Kinloch Capital
Virginia
$5.12M -$142K -8,903 -3%
FLI
73
Family Legacy Inc
South Carolina
$4.93M +$63.6K +3,998 +1%
JP Morgan Chase
74
JP Morgan Chase
New York
$4.87M +$1.94M +121,917 +67%
CPIG
75
Chicago Partners Investment Group
Illinois
$4.68M +$545K +34,258 +13%

FPE Hedge Fund Activity: Q2 2023 in Review

397 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2023, worth a combined $3.15B — up 1.5% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FPE positions and 40 closed out — a net gain of 5 holders — while 138 added to existing stakes and 162 trimmed.

The largest buyer was Jane Street, adding an estimated $39M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $30.7M.

  • 397 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $3.15B of First Trust Preferred Securities and Income ETF stock for Q2 2023, up 1.5% quarter-over-quarter.
  • 45 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2023 and 40 closed out, a net change of +5 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2023 was Jane Street, an estimated $39M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2023 was State of Tennessee, Department of Treasury, an estimated $30.7M sold.

Based on aggregated 13F filings for Q2 2023.