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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
TC
101
Telemus Capital
Michigan
$791K
CCA
102
Clearwater Capital Advisors
Illinois
$705K -$40K -2,085 -5%
Cetera Investment Advisers
103
Cetera Investment Advisers
Illinois
$681K +$56.7K +2,952 +9%
FPGK
104
Financial Partners Group (Kansas)
Kansas
$679K -$77.1K -4,016 -10%
BRWA
105
B. Riley Wealth Advisors
Florida
$634K -$188K -9,801 -23%
NWM
106
Northwest Wealth Management
Iowa
$632K -$737K -38,382 -54%
CRWM
107
Castle Rock Wealth Management
California
$626K -$20.2K -1,054 -3%
IWP
108
Icon Wealth Partners
Texas
$626K
SI
109
Stephens Inc
Arkansas
$606K
RPG
110
Risk Paradigm Group
Texas
$603K -$78.7K -4,103 -12%
KFGK
111
Keystone Financial Group (Kentucky)
Kentucky
$589K -$36.2K -1,885 -6%
DWM
112
Dynasty Wealth Management
Florida
$564K +$557 +29 +0.1%
ONB
113
Old National Bancorp
Indiana
$562K -$83.4K -4,346 -13%
HCM
114
Hudson Capital Management
New Jersey
$558K -$28.7K -1,498 -5%
HPC
115
Hobart Private Capital
North Carolina
$553K -$434K -22,606 -44%
FHC
116
First Heartland Consultants
Missouri
$551K +$553K +28,824 New
LWAC
117
Laurel Wealth Advisors (California)
California
$531K +$131K +6,819 +32%
GIM
118
Greenwich Investment Management
Connecticut
$526K -$256K -13,358 -33%
SWM
119
Sequoia Wealth Management
Illinois
$505K -$162K -8,449 -24%
MHS
120
M Holdings Securities
Oregon
$495K +$10K +522 +2%
US Bancorp
121
US Bancorp
Minnesota
$488K +$31.7K +1,650 +7%
OC
122
Oppenheimer & Co
New York
$487K +$8.02K +418 +2%
CAL
123
Capital Advisors Ltd
Ohio
$482K
KWM
124
Kingsview Wealth Management
Oregon
$479K -$39.1K -2,035 -8%
LI
125
LVZ Inc
Michigan
$471K -$10.9M -567,781 -96%

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.