First Trust Preferred Securities and Income ETF
128 hedge funds and large institutions have $1.13B invested in First Trust Preferred Securities and Income ETF in 2017 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 74 increasing their positions, 7 reducing their positions, and 8 closing their positions.
957% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 7
288% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 8
30% more capital invested
Capital invested by funds: $871M → $1.13B (+$258M)
20% more funds holding
Funds holding: 107 → 128 (+21)
1.28% more ownership
Funds ownership: 47.92% → 49.2% (+1.3%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
Top Sellers
FPE Hedge Fund Activity: Q2 2017 in Review
128 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2017, worth a combined $1.13B — up 30% from $871M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FPE positions and 8 closed out — a net gain of 23 holders — while 74 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.7M. The largest seller was Jaffetilchin Investment Partners, exiting entirely with an estimated $13.7M sold.
- 128 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2017, up from 107 in Q1 2017.
- Funds reported $1.13B of First Trust Preferred Securities and Income ETF stock for Q2 2017, up 30% quarter-over-quarter.
- 31 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2017 and 8 closed out, a net change of +23 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2017 was Morgan Stanley, an estimated $36.7M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2017 was Jaffetilchin Investment Partners, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2017.