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First Trust Preferred Securities and Income ETF

205 hedge funds and large institutions have $1.61B invested in First Trust Preferred Securities and Income ETF in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 60 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 19

33% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 60

9% more funds holding

Funds holding: 188205 (+17)

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

4% more capital invested

Capital invested by funds: $1.55B → $1.61B (+$68.5M)

0.43% more ownership

Funds ownership: 44.41%44.84% (+0.43%)

Holders
205
Holders Change
+17
Holders Change %
+9.04%
% of All Funds
4.69%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.3%
New
37
Increased
80
Reduced
60
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
76
SSI Investment Management
California
$1.49M -$577K -30,046 -28%
WI
77
Wintrust Investments
Illinois
$1.43M -$532K -27,695 -27%
Mirae Asset Global Investments
78
Mirae Asset Global Investments
South Korea
$1.33M +$1.33M +69,400 New
LA
79
LVW Advisors
New York
$1.24M +$4.57K +238 +0.4%
SAM
80
Shamrock Asset Management
Texas
$1.22M -$105K -5,479 -8%
HH
81
Hilltop Holdings
Texas
$1.21M +$832K +43,328 +217%
Wells Fargo
82
Wells Fargo
California
$1.21M +$135K +7,030 +13%
PPA
83
Parametric Portfolio Associates
Washington
$1.16M +$45.8K +2,387 +4%
FTUS
84
Flow Traders U.S.
New York
$1.15M +$1.15M +60,173 New
Renaissance Technologies
85
Renaissance Technologies
New York
$1.11M -$683K -35,600 -38%
HFS
86
HL Financial Services
Kentucky
$1.01M +$19K +988 +2%
FAIM
87
Financial Advocates Investment Management
Washington
$1M +$11.3K +589 +1%
CPIG
88
Chicago Partners Investment Group
Illinois
$968K +$195K +10,165 +24%
AIP
89
Almanack Investment Partners
Pennsylvania
$960K +$977K +50,927 New
JWBC
90
J.W. Burns & Co
New York
$942K +$24.9K +1,300 +3%
WS
91
Wedbush Securities
California
$932K +$254K +13,256 +37%
HCIA
92
Hochman Cole Investment Advisors
Illinois
$917K -$1.57M -81,726 -63%
AWM
93
AE Wealth Management
Kansas
$913K +$562K +29,262 +158%
DC
94
Davenport & Co
Virginia
$905K -$189K -9,838 -17%
AAMA
95
Advanced Asset Management Advisors
Ohio
$879K +$883K +46,000 New
Citigroup
96
Citigroup
New York
$875K -$200K -10,413 -19%
SPIA
97
Steward Partners Investment Advisory
New York
$852K +$856K +44,582 New
PFGIA
98
Patriot Financial Group Insurance Agency
Massachusetts
$852K +$856K +44,603 New
SWM
99
Segment Wealth Management
Texas
$849K -$84.9K -4,425 -9%
Jane Street
100
Jane Street
New York
$836K -$1.67M -86,800 -66%

FPE Hedge Fund Activity: Q3 2018 in Review

205 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2018, worth a combined $1.61B — up 4.4% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new FPE positions and 19 closed out — a net gain of 18 holders — while 80 added to existing stakes and 60 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $22M. The largest seller was Beacon Financial Group, cutting an estimated $19.2M.

  • 205 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2018, up from 188 in Q2 2018.
  • Funds reported $1.61B of First Trust Preferred Securities and Income ETF stock for Q3 2018, up 4.4% quarter-over-quarter.
  • 37 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2018 and 19 closed out, a net change of +18 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2018 was Royal Bank of Canada, an estimated $22M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2018 was Beacon Financial Group, an estimated $19.2M sold.

Based on aggregated 13F filings for Q3 2018.