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First Trust Preferred Securities and Income ETF

208 hedge funds and large institutions have $1.64B invested in First Trust Preferred Securities and Income ETF in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 89 increasing their positions, 48 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 17

85% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 48

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

16% more funds holding

Funds holding: 180208 (+28)

8% more capital invested

Capital invested by funds: $1.51B → $1.64B (+$127M)

0.51% more ownership

Funds ownership: 45.88%46.39% (+0.51%)

Holders
208
Holders Change
+28
Holders Change %
+15.56%
% of All Funds
4.77%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.37%
New
46
Increased
89
Reduced
48
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Mirae Asset Global Investments
76
Mirae Asset Global Investments
South Korea
$1.57M
SB
77
Suntrust Banks
Georgia
$1.57M +$599K +30,317 +60%
State of Tennessee, Department of Treasury
78
State of Tennessee, Department of Treasury
Tennessee
$1.56M +$299K +15,100 +23%
SAM
79
Shamrock Asset Management
Texas
$1.39M +$52K +2,629 +4%
NWM
80
Northwest Wealth Management
Iowa
$1.37M -$30.7K -1,555 -2%
LA
81
LVW Advisors
New York
$1.31M -$143K -7,251 -10%
RFM
82
Royal Fund Management
Florida
$1.3M +$493K +24,931 +60%
WP
83
WealthSource Partners
California
$1.28M +$1.3M +65,918 New
Wells Fargo
84
Wells Fargo
California
$1.26M -$1.15M -58,315 -47%
Susquehanna International Group
85
Susquehanna International Group
Pennsylvania
$1.25M +$16.8K +848 +1%
RA
86
RFG Advisory
Alabama
$1.25M +$865K +43,764 +216%
FAIM
87
Financial Advocates Investment Management
Washington
$1.13M -$775K -39,218 -40%
AF
88
Advisornet Financial
Minnesota
$1.11M +$1.13M +57,133 New
HFS
89
HL Financial Services
Kentucky
$1.1M +$34.4K +1,741 +3%
DC
90
Davenport & Co
Virginia
$1.09M +$79.8K +4,038 +8%
HPC
91
Hobart Private Capital
North Carolina
$1.08M -$42.4K -2,144 -4%
SWM
92
Segment Wealth Management
Texas
$927K -$9.88K -500 -1%
CIBC World Market
93
CIBC World Market
Ontario, Canada
$924K +$938K +47,467 New
BRWA
94
B. Riley Wealth Advisors
Florida
$912K -$54.4K -2,751 -6%
AAMA
95
Advanced Asset Management Advisors
Ohio
$895K
JWBC
96
J.W. Burns & Co
New York
$862K +$87.7K +4,435 +11%
TC
97
Telemus Capital
Michigan
$806K -$2.12K -107 -0.3%
CCA
98
Clearwater Capital Advisors
Illinois
$800K +$70.1K +3,547 +9%
MIAN
99
Mariner Independent Advisor Network
Kansas
$799K +$115K +5,821 +17%
CPIG
100
Chicago Partners Investment Group
Illinois
$795K +$89K +4,501 +12%

FPE Hedge Fund Activity: Q1 2018 in Review

208 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2018, worth a combined $1.64B — up 8.4% from $1.51B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FPE positions and 17 closed out — a net gain of 29 holders — while 89 added to existing stakes and 48 trimmed.

The largest buyer was CNO Financial Group, opening a new position worth an estimated $39.5M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $11.3M sold.

  • 208 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2018, up from 180 in Q4 2017.
  • Funds reported $1.64B of First Trust Preferred Securities and Income ETF stock for Q1 2018, up 8.4% quarter-over-quarter.
  • 46 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2018 and 17 closed out, a net change of +29 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2018 was CNO Financial Group, an estimated $39.5M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2018 was Brookstone Capital Management, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2018.