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First Trust Preferred Securities and Income ETF

405 hedge funds and large institutions have $3.26B invested in First Trust Preferred Securities and Income ETF in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 163 increasing their positions, 140 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 140

16% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 38

0% more funds holding

Funds holding: 404405 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

16.67% less ownership

Funds ownership: 78.16%61.49% (-17%)

21% less capital invested

Capital invested by funds: $4.13B → $3.26B (-$873M)

90% less call options, than puts

Call options by funds: $35K | Put options by funds: $348K

Holders
405
Holders Change
+1
Holders Change %
+0.25%
% of All Funds
5.83%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
44
Increased
163
Reduced
140
Closed
38
Calls
$35K
Puts
$348K
Net Calls
-$313K
Net Calls Change
-$157K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
51
Synergy Asset Management
Washington
$7.36M +$7.26M +424,860 New
Comerica Bank
52
Comerica Bank
Texas
$7.31M -$673K -39,386 -9%
Mariner
53
Mariner
Kansas
$7.14M +$255K +14,912 +4%
QCIG
54
Quad-Cities Investment Group
Iowa
$7.11M -$58.7K -3,435 -0.8%
MOS
55
MGO One Seven
Ohio
$7.1M -$647K -37,815 -8%
OWA
56
ORBA Wealth Advisors
Illinois
$6.97M +$266K +15,552 +4%
RIA
57
Regal Investment Advisors
Michigan
$6.84M +$5.87K +343 +0.1%
CA
58
Cetera Advisors
Colorado
$6.43M +$4.15M +242,448 +188%
HI
59
Harbour Investments
Wisconsin
$6.41M +$17.8K +1,040 +0.3%
FEG
60
Financial Enhancement Group
Indiana
$6.36M +$38.1K +2,230 +0.6%
OC
61
Oppenheimer & Co
New York
$6.34M +$772K +45,175 +14%
WI
62
Wintrust Investments
Illinois
$6.18M +$327K +19,115 +6%
CPIG
63
Chicago Partners Investment Group
Illinois
$6.03M +$321K +18,779 +6%
AIC
64
Archer Investment Corporation
Indiana
$5.99M -$315K -18,400 -5%
KC
65
Kinloch Capital
Virginia
$5.98M +$1.47M +86,199 +33%
GMA
66
Glassy Mountain Advisors
Maryland
$5.98M +$336K +19,624 +6%
PP
67
PFS Partners
New Jersey
$5.89M +$147K +8,584 +3%
FA
68
Flagstar Advisors
New York
$5.76M +$53.5K +3,127 +0.9%
GJIA
69
Glass Jacobson Investment Advisors
Maryland
$5.76M +$4.55K +266 +0.1%
AAS
70
Avantax Advisory Services
Texas
$5.74M +$528K +30,884 +10%
NDSI
71
Newman Dignan & Sheerar Inc
Rhode Island
$5.72M +$56.4K +3,297 +1%
GM
72
GeoWealth Management
Illinois
$5.68M +$5.6M +327,790 New
GIA
73
Gladstone Institutional Advisory
Florida
$5.64M -$561K -32,813 -9%
NA
74
NewEdge Advisors
Louisiana
$5.56M +$28.7K +1,676 +0.5%
EH
75
Equitable Holdings
New York
$5.14M -$373K -21,828 -7%

FPE Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2024, worth a combined $3.26B — down 21% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FPE positions and 38 closed out — a net gain of 6 holders — while 163 added to existing stakes and 140 trimmed.

The largest buyer was UBS Group, adding an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $800M.

  • 405 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2024, up from 404 in Q4 2023.
  • Funds reported $3.26B of First Trust Preferred Securities and Income ETF stock for Q1 2024, down 21% quarter-over-quarter.
  • 44 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2024 and 38 closed out, a net change of +6 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2024 was UBS Group, an estimated $14.2M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $800M sold.

Based on aggregated 13F filings for Q1 2024.