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First Trust Preferred Securities and Income ETF

405 hedge funds and large institutions have $3.26B invested in First Trust Preferred Securities and Income ETF in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 163 increasing their positions, 140 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 140

16% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 38

0% more funds holding

Funds holding: 404405 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

16.67% less ownership

Funds ownership: 78.16%61.49% (-17%)

21% less capital invested

Capital invested by funds: $4.13B → $3.26B (-$873M)

90% less call options, than puts

Call options by funds: $35K | Put options by funds: $348K

Holders
405
Holders Change
+1
Holders Change %
+0.25%
% of All Funds
5.83%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
44
Increased
163
Reduced
140
Closed
38
Calls
$35K
Puts
$348K
Net Calls
-$313K
Net Calls Change
-$157K
Name Holding Trade Value Shares
Change
Change in
Stake
TPWM
76
Twelve Points Wealth Management
Massachusetts
$5.06M +$5M +292,151 New
CWA
77
Choice Wealth Advisors
Maine
$5M -$10.7K -628 -0.2%
TPWA
78
Twin Peaks Wealth Advisors
California
$4.98M +$105K +6,152 +2%
SPC
79
Sigma Planning Corp
Michigan
$4.96M +$2.78M +162,428 +131%
MWM
80
Marion Wealth Management
Pennsylvania
$4.96M +$121K +7,059 +3%
FLI
81
Family Legacy Inc
South Carolina
$4.85M -$17K -995 -0.4%
WWM
82
Western Wealth Management
Colorado
$4.83M +$36.6K +2,139 +0.8%
SIS
83
Sound Income Strategies
Florida
$4.69M +$440K +25,710 +10%
FHC
84
First Heartland Consultants
Missouri
$4.67M +$787K +46,043 +21%
VA
85
Valmark Advisers
Ohio
$4.54M +$432K +25,289 +11%
CIA
86
Concurrent Investment Advisors
Florida
$4.54M +$1.27M +74,009 +39%
MAWAG
87
Mid-American Wealth Advisory Group
Missouri
$4.53M +$297K +17,382 +7%
MHB
88
Midwest Heritage Bank
Iowa
$4.44M +$662K +38,690 +18%
APWM
89
Atlas Private Wealth Management
New York
$4.42M +$52.7K +3,083 +1%
TFP
90
Traction Financial Partners
Wyoming
$4.36M +$282K +16,496 +7%
Verition Fund Management
91
Verition Fund Management
Connecticut
$4.33M +$3.76M +220,000 +733%
HFS
92
Howard Financial Services
Texas
$4.29M +$874K +51,091 +26%
ACP
93
Aveo Capital Partners
Colorado
$3.96M +$3.92M +229,423 New
CAPTRUST Financial Advisors
94
CAPTRUST Financial Advisors
North Carolina
$3.86M -$1.49M -86,994 -28%
DADC
95
D.A. Davidson & Co
Montana
$3.83M +$357K +20,867 +10%
Bank of Montreal
96
Bank of Montreal
Ontario, Canada
$3.82M -$13.3M -780,298 -78%
AA
97
Advisory Alpha
Michigan
$3.82M -$87.8K -5,136 -2%
TNBTD
98
Trustmark National Bank Trust Department
Mississippi
$3.75M -$775K -45,324 -17%
AIM
99
Aspen Investment Management
Michigan
$3.72M +$22.6K +1,319 +0.6%
IAS
100
IMA Advisory Services
Colorado
$3.51M -$89.2K -5,218 -3%

FPE Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2024, worth a combined $3.26B — down 21% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FPE positions and 38 closed out — a net gain of 6 holders — while 163 added to existing stakes and 140 trimmed.

The largest buyer was UBS Group, adding an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $800M.

  • 405 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2024, up from 404 in Q4 2023.
  • Funds reported $3.26B of First Trust Preferred Securities and Income ETF stock for Q1 2024, down 21% quarter-over-quarter.
  • 44 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2024 and 38 closed out, a net change of +6 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2024 was UBS Group, an estimated $14.2M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $800M sold.

Based on aggregated 13F filings for Q1 2024.