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First Trust Preferred Securities and Income ETF

305 hedge funds and large institutions have $2.59B invested in First Trust Preferred Securities and Income ETF in 2020 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 102 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $2.18B → $2.59B (+$415M)

18% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 39

12% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 102

1% more funds holding

Funds holding: 301305 (+4)

1.1% more ownership

Funds ownership: 50.41%51.51% (+1.1%)

9% less funds holding in top 10

Funds holding in top 10: 2321 (-2)

Holders
305
Holders Change
+4
Holders Change %
+1.33%
% of All Funds
6.25%
Holding in Top 10
21
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.7%
% of All Funds
0.43%
New
46
Increased
114
Reduced
102
Closed
39
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCIM
101
Red Cedar Investment Management
Michigan
$1.97M
CA
102
Cetera Advisors
Colorado
$1.96M +$1.92M +106,416 New
OA
103
Oxbow Advisors
Texas
$1.89M -$13K -720 -0.7%
QWM
104
QP Wealth Management
New Jersey
$1.77M -$152K -8,434 -8%
CCG
105
Cypress Capital Group
Florida
$1.75M +$94.9K +5,255 +6%
CCP
106
Corient Capital Partners
California
$1.71M +$643K +35,620 +62%
IIC
107
Ironwood Investment Counsel
Arizona
$1.71M -$534K -29,566 -24%
HIS
108
Harvest Investment Services
Illinois
$1.7M -$85.7K -4,746 -5%
BAS
109
Brown Advisory Securities
Maryland
$1.68M -$108K -6,000 -6%
LSPW
110
Lake Street Private Wealth
Illinois
$1.68M +$65.9K +3,652 +4%
AIFAIM
111
American Institute for Advanced Investment Management
Arizona
$1.66M +$921 +51 +0.1%
DC
112
Davenport & Co
Virginia
$1.66M +$121K +6,686 +8%
PFGIA
113
Patriot Financial Group Insurance Agency
Massachusetts
$1.64M +$220K +12,207 +16%
PPA
114
Parametric Portfolio Associates
Washington
$1.62M -$3.9K -216 -0.2%
CPIA
115
Cornell Pochily Investment Advisors
New York
$1.6M +$29.7K +1,646 +2%
FWM
116
Frontier Wealth Management
Missouri
$1.59M +$1.56M +86,571 New
NRI
117
NFP Retirement Inc
California
$1.59M +$483K +26,775 +45%
CPIG
118
Chicago Partners Investment Group
Illinois
$1.59M +$81.6K +4,518 +6%
RWA
119
Redhawk Wealth Advisors
Minnesota
$1.59M +$1.56M +86,431 New
IA
120
IFG Advisory
Georgia
$1.49M -$219K -12,111 -13%
FEG
121
Financial Enhancement Group
Indiana
$1.47M -$438K -24,259 -23%
MIAN
122
Mariner Independent Advisor Network
Kansas
$1.45M +$55.3K +3,063 +4%
PWA
123
Providence Wealth Advisors
Illinois
$1.43M +$20.8K +1,150 +2%
AP
124
Americana Partners
Texas
$1.43M +$212K +11,735 +18%
ASN
125
Advisory Services Network
Georgia
$1.4M +$531K +29,422 +64%

FPE Hedge Fund Activity: Q2 2020 in Review

305 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2020, worth a combined $2.59B — up 19% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FPE positions and 39 closed out — a net gain of 7 holders — while 114 added to existing stakes and 102 trimmed.

The largest buyer was Grimes & Company, opening a new position worth an estimated $65.1M. The largest seller was Eaton Vance Management, cutting an estimated $38M.

  • 305 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2020, up from 301 in Q1 2020.
  • Funds reported $2.59B of First Trust Preferred Securities and Income ETF stock for Q2 2020, up 19% quarter-over-quarter.
  • 46 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2020 and 39 closed out, a net change of +7 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2020 was Grimes & Company, an estimated $65.1M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2020 was Eaton Vance Management, an estimated $38M sold.

Based on aggregated 13F filings for Q2 2020.