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First Trust Preferred Securities and Income ETF

289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $2.59B → $2.83B (+$240M)

1.66% more ownership

Funds ownership: 51.51%53.18% (+1.7%)

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

5% less funds holding

Funds holding: 305289 (-16)

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Holders
289
Holders Change
-16
Holders Change %
-5.25%
% of All Funds
5.83%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.4%
New
30
Increased
127
Reduced
91
Closed
44
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
101
Soltis Investment Advisors
Utah
$2.23M -$5.6M -293,349 -72%
WS
102
Wedbush Securities
California
$2.22M -$626K -32,782 -22%
SFPG
103
Stonebridge Financial Planning Group
Florida
$2.21M +$97.8K +5,119 +5%
RCA
104
Reitz Capital Advisors
Michigan
$2.21M +$1.87M +97,736 +560%
CCG
105
Cypress Capital Group
Florida
$2.21M +$386K +20,210 +21%
AP
106
Agilis Partners
Massachusetts
$2.19M
CWM
107
Concentrum Wealth Management
California
$2.17M +$51K +2,671 +2%
SEIA
108
Signature Estate & Investment Advisors
California
$2.11M -$184K -9,649 -8%
CCP
109
Corient Capital Partners
California
$2.1M +$319K +16,721 +18%
RCIM
110
Red Cedar Investment Management
Michigan
$2.05M
IIC
111
Ironwood Investment Counsel
Arizona
$2.02M +$239K +12,520 +14%
AFM
112
Andesa Financial Management
Pennsylvania
$1.94M +$1.93M +101,240 New
PFGIA
113
Patriot Financial Group Insurance Agency
Massachusetts
$1.92M +$210K +11,004 +12%
JCM
114
Jacobsen Capital Management
Utah
$1.91M -$745K -39,022 -28%
NRI
115
NFP Retirement Inc
California
$1.87M +$215K +11,259 +13%
BEI
116
Benjamin Edwards Inc
Missouri
$1.86M -$398K -20,866 -18%
QWM
117
QP Wealth Management
New Jersey
$1.82M -$19.4K -1,015 -1%
DC
118
Davenport & Co
Virginia
$1.82M +$96.7K +5,064 +6%
VA
119
Valmark Advisers
Ohio
$1.78M +$512K +26,833 +40%
LSPW
120
Lake Street Private Wealth
Illinois
$1.78M +$39.2K +2,054 +2%
AP
121
Americana Partners
Texas
$1.78M +$294K +15,404 +20%
ASN
122
Advisory Services Network
Georgia
$1.76M +$312K +16,354 +22%
AIFAIM
123
American Institute for Advanced Investment Management
Arizona
$1.76M +$34K +1,782 +2%
VIM
124
Vista Investment Management
Pennsylvania
$1.73M +$488K +25,560 +40%
PPA
125
Parametric Portfolio Associates
Washington
$1.7M +$13.6K +714 +0.8%

FPE Hedge Fund Activity: Q3 2020 in Review

289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.

The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.

  • 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
  • Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
  • 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.

Based on aggregated 13F filings for Q3 2020.