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First Trust Preferred Securities and Income ETF

289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $2.59B → $2.83B (+$240M)

1.66% more ownership

Funds ownership: 51.51%53.18% (+1.7%)

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

5% less funds holding

Funds holding: 305289 (-16)

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Holders
289
Holders Change
-16
Holders Change %
-5.25%
% of All Funds
5.83%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.4%
New
30
Increased
127
Reduced
91
Closed
44
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
CCMG
76
Clark Capital Management Group
Pennsylvania
$4.03M +$143K +7,465 +4%
KFP
77
KMG Fiduciary Partners
Ohio
$3.83M +$960K +50,247 +34%
SPIA
78
Steward Partners Investment Advisory
New York
$3.46M +$1.24M +65,100 +57%
Renaissance Technologies
79
Renaissance Technologies
New York
$3.41M +$2.6M +136,000 +324%
CA
80
Cetera Advisors
Colorado
$3.41M +$1.36M +71,436 +67%
AFA
81
American Financial Advisors
Georgia
$3.39M -$709K -37,114 -17%
FHC
82
First Heartland Consultants
Missouri
$3.34M +$160K +8,361 +5%
BRC
83
BHF RG Capital
Arizona
$3.33M +$404K +21,152 +14%
EH
84
Equitable Holdings
New York
$3.31M +$827K +43,324 +33%
MIAN
85
Mariner Independent Advisor Network
Kansas
$3.24M +$1.73M +90,766 +116%
BFEC
86
Benjamin F. Edwards & Company
Missouri
$3.02M -$131K -6,834 -4%
MA
87
Mutual Advisors
Nebraska
$2.96M +$26K +1,364 +0.9%
PNC Financial Services Group
88
PNC Financial Services Group
Pennsylvania
$2.94M -$655K -34,289 -18%
WWM
89
Western Wealth Management
Colorado
$2.87M +$218K +11,426 +8%
IWM
90
IHT Wealth Management
Illinois
$2.87M +$120K +6,276 +4%
SCA
91
Snowden Capital Advisors
New York
$2.82M +$249K +13,044 +10%
KPWS
92
Kestra Private Wealth Services
Texas
$2.69M +$2.69M +140,599 New
RG
93
Retirement Group
California
$2.69M +$146K +7,646 +6%
SAM
94
Stringer Asset Management
Tennessee
$2.63M -$117K -6,112 -4%
FA
95
FDx Advisors
Illinois
$2.53M +$230K +12,033 +10%
HWM
96
Holloway Wealth Management
Florida
$2.5M
CAN
97
Cetera Advisor Networks
California
$2.4M -$147K -7,685 -6%
Mirae Asset Global Investments
98
Mirae Asset Global Investments
South Korea
$2.33M -$281K -14,709 -11%
EDRIA
99
Edmonds Duncan Registered Investment Advisors
Kansas
$2.33M +$89.3K +4,676 +4%
ABC
100
Associated Banc-Corp
Wisconsin
$2.31M +$43.1K +2,259 +2%

FPE Hedge Fund Activity: Q3 2020 in Review

289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.

The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.

  • 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
  • Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
  • 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.

Based on aggregated 13F filings for Q3 2020.