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First Trust Preferred Securities and Income ETF

397 hedge funds and large institutions have $3.15B invested in First Trust Preferred Securities and Income ETF in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 138 increasing their positions, 162 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $125K | Put options by funds: $34K

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 40

1.82% more ownership

Funds ownership: 57.67%59.49% (+1.8%)

1% more capital invested

Capital invested by funds: $3.1B → $3.15B (+$45.7M)

0% more funds holding

Funds holding: 397397 (0)

15% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 162

Holders
397
Holders Change
Holders Change %
0%
% of All Funds
6.23%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
45
Increased
138
Reduced
162
Closed
40
Calls
$125K
Puts
$34K
Net Calls
+$91K
Net Calls Change
+$23K
Name Holding Trade Value Shares
Change
Change in
Stake
DF
76
Dunhill Financial
United Kingdom
$4.67M +$4.65M +292,543 New
FZCM
77
Flynn Zito Capital Management
New York
$4.54M +$230K +14,438 +5%
CWA
78
Choice Wealth Advisors
Maine
$4.46M +$325K +20,415 +8%
DADC
79
D.A. Davidson & Co
Montana
$4.41M +$1.16M +72,975 +36%
WWM
80
Western Wealth Management
Colorado
$4.33M +$108K +6,766 +3%
SPIA
81
Steward Partners Investment Advisory
New York
$4.32M -$46.5K -2,923 -1%
SPC
82
Sigma Planning Corp
Michigan
$4.28M +$808K +50,801 +23%
RA
83
RFG Advisory
Alabama
$4.27M -$1.72M -107,954 -29%
GMA
84
Glassy Mountain Advisors
Maryland
$4.16M +$4.14M +260,570 New
KWM
85
Kingsview Wealth Management
Oregon
$4.14M +$954K +59,990 +30%
B
86
Barings
North Carolina
$4.04M -$2.43M -152,782 -38%
GCP
87
Gill Capital Partners
Colorado
$4.02M -$401K -25,241 -9%
APWM
88
Atlas Private Wealth Management
New York
$4.02M +$689K +43,333 +21%
KPWS
89
Kestra Private Wealth Services
Texas
$3.96M -$375K -23,605 -9%
SA
90
Stonebridge Advisors
Connecticut
$3.91M -$6.33M -398,152 -62%
FHC
91
First Heartland Consultants
Missouri
$3.88M -$143K -9,002 -4%
TPWM
92
Twelve Points Wealth Management
Massachusetts
$3.68M +$709K +44,593 +24%
AA
93
Advisory Alpha
Michigan
$3.67M +$3.15M +198,452 +632%
SIS
94
Sound Income Strategies
Florida
$3.65M +$370K +23,298 +11%
BFO
95
Biltmore Family Office
North Carolina
$3.62M -$1.44M -90,877 -29%
PCM
96
Price Capital Management
Louisiana
$3.61M +$3.58M +225,000 New
1IA
97
1834 Investment Advisors
Wisconsin
$3.6M -$512K -32,222 -13%
AIM
98
Aspen Investment Management
Michigan
$3.51M -$32.9K -2,069 -0.9%
MHB
99
Midwest Heritage Bank
Iowa
$3.5M +$264K +16,601 +8%
VA
100
Valmark Advisers
Ohio
$3.4M +$99.3K +6,249 +3%

FPE Hedge Fund Activity: Q2 2023 in Review

397 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2023, worth a combined $3.15B — up 1.5% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FPE positions and 40 closed out — a net gain of 5 holders — while 138 added to existing stakes and 162 trimmed.

The largest buyer was Jane Street, adding an estimated $39M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $30.7M.

  • 397 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $3.15B of First Trust Preferred Securities and Income ETF stock for Q2 2023, up 1.5% quarter-over-quarter.
  • 45 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2023 and 40 closed out, a net change of +5 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2023 was Jane Street, an estimated $39M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2023 was State of Tennessee, Department of Treasury, an estimated $30.7M sold.

Based on aggregated 13F filings for Q2 2023.