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First Trust Preferred Securities and Income ETF

88 hedge funds and large institutions have $647M invested in First Trust Preferred Securities and Income ETF in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 7

124% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 17

100% more funds holding in top 10

Funds holding in top 10: 36 (+3)

36% more capital invested

Capital invested by funds: $477M → $647M (+$170M)

19% more funds holding

Funds holding: 7488 (+14)

0.29% more ownership

Funds ownership: 52.12%52.41% (+0.29%)

Holders
88
Holders Change
+14
Holders Change %
+18.92%
% of All Funds
2.35%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.16%
New
23
Increased
38
Reduced
17
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WA
76
WFG Advisors
Texas
$85K +$36.1K +1,850 +74%
CFA
77
Carroll Financial Associates
North Carolina
$68K +$27.3K +1,400 +67%
WEC
78
Winslow Evans & Crocker
Massachusetts
$61.6K +$24.9K +1,274 +68%
FANJ
79
Financial Architects (New Jersey)
New Jersey
$36K +$36.1K +1,850 New
Citigroup
80
Citigroup
New York
$31K
SAM
81
Shamrock Asset Management
Texas
$31K
Carson Wealth (CWM LLC)
82
Carson Wealth (CWM LLC)
Nebraska
$31K +$31.3K +1,603 New
GWM
83
Geneos Wealth Management
Colorado
$29K
Creative Planning
84
Creative Planning
Kansas
$26K
BIM
85
BlackRock Investment Management
Delaware
$21K +$20.9K +1,069 New
Manulife (Manufacturers Life Insurance)
86
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17K -$35.7K -1,830 -68%
JFA
87
JNBA Financial Advisors
Minnesota
$4K +$3.55K +182 New
S
88
SignatureFD
Georgia
$4K +$3.55K +182 New
Susquehanna International Group
89
Susquehanna International Group
Pennsylvania
-$1.74M -91,322 Closed
VKH
90
Virtu KCG Holdings
New York
-$902K -47,428 Closed
AT
91
Arden Trust
Delaware
-$709 -37,258 Closed
Ameriprise
92
Ameriprise
Minnesota
-$200K -10,538 Closed
SEI Investments
93
SEI Investments
Pennsylvania
-$19K -1,000 Closed
DADC
94
D.A. Davidson & Co
Montana
-$15K -825 Closed
TRCT
95
Tower Research Capital (TRC)
New York
-$2K -100 Closed

FPE Hedge Fund Activity: Q3 2016 in Review

88 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2016, worth a combined $647M — up 36% from $477M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FPE positions and 7 closed out — a net gain of 16 holders — while 38 added to existing stakes and 17 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $41.1M. The largest seller was Envestnet Asset Management, cutting an estimated $6.28M.

  • 88 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2016, up from 74 in Q2 2016.
  • Funds reported $647M of First Trust Preferred Securities and Income ETF stock for Q3 2016, up 36% quarter-over-quarter.
  • 23 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2016 and 7 closed out, a net change of +16 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2016 was Morgan Stanley, an estimated $41.1M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2016 was Envestnet Asset Management, an estimated $6.28M sold.

Based on aggregated 13F filings for Q3 2016.