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First Trust Preferred Securities and Income ETF

408 hedge funds and large institutions have $4.83B invested in First Trust Preferred Securities and Income ETF in 2021 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 192 increasing their positions, 94 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

196% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 27

104% more repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 94

12% more funds holding

Funds holding: 363408 (+45)

8% more capital invested

Capital invested by funds: $4.47B → $4.83B (+$357M)

1.73% more ownership

Funds ownership: 58.64%60.37% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 3737 (0)

Holders
408
Holders Change
+45
Holders Change %
+12.4%
% of All Funds
6.28%
Holding in Top 10
37
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.57%
New
80
Increased
192
Reduced
94
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
101
Howard Capital Management
Georgia
$5.27M +$227K +11,124 +5%
WI
102
Wintrust Investments
Illinois
$5.21M +$186K +9,125 +4%
CWA
103
Choice Wealth Advisors
Maine
$5.15M +$303K +14,871 +6%
SAM
104
Stringer Asset Management
Tennessee
$5.13M -$3.27M -160,217 -61%
RCA
105
Reitz Capital Advisors
Michigan
$5.08M -$240K -11,785 -5%
PP
106
PFS Partners
New Jersey
$5.04M +$5.06M +248,134 New
WAM
107
Walker Asset Management
Missouri
$5.03M +$5.04M +247,368 New
BFA
108
Brendel Financial Advisors
New Hampshire
$4.99M +$5M +245,559 New
GCP
109
Gill Capital Partners
Colorado
$4.88M +$372K +18,263 +8%
Bank of Montreal
110
Bank of Montreal
Ontario, Canada
$4.79M +$1.48M +72,544 +44%
AP
111
Americana Partners
Texas
$4.78M -$841K -41,239 -15%
NRI
112
NFP Retirement Inc
California
$4.68M +$790K +38,781 +20%
FHB
113
First Hawaiian Bank
Hawaii
$4.64M +$710K +34,815 +18%
EL
114
Essex LLC
Illinois
$4.59M -$292K -14,335 -6%
CAN
115
Cetera Advisor Networks
California
$4.46M -$1.64M -80,309 -27%
TCM
116
Triumph Capital Management
Colorado
$4.35M +$360K +17,665 +9%
DADC
117
D.A. Davidson & Co
Montana
$4.17M +$389K +19,093 +10%
APWM
118
Atlas Private Wealth Management
New York
$4.17M -$66.9K -3,280 -2%
DC
119
Davenport & Co
Virginia
$4.17M -$797K -39,116 -16%
UCFA
120
United Capital Financial Advisors
Texas
$4.17M -$146K -7,152 -3%
AIFAIM
121
American Institute for Advanced Investment Management
Arizona
$4.15M +$433K +21,256 +12%
FF
122
Financial Futures
New Jersey
$4.14M +$4.15M +203,692 New
AAS
123
Ameritas Advisory Services
Nebraska
$4.1M +$4.11M +201,800 New
KA
124
Kovack Advisors
Florida
$4.06M +$307K +15,070 +8%
DWP
125
Destiny Wealth Partners
Florida
$4.06M +$616K +30,225 +18%

FPE Hedge Fund Activity: Q4 2021 in Review

408 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2021, worth a combined $4.83B — up 8% from $4.47B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new FPE positions and 27 closed out — a net gain of 53 holders — while 192 added to existing stakes and 94 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $72.1M. The largest seller was Grimes & Company, exiting entirely with an estimated $122M sold.

  • 408 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2021, up from 363 in Q3 2021.
  • Funds reported $4.83B of First Trust Preferred Securities and Income ETF stock for Q4 2021, up 8% quarter-over-quarter.
  • 80 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2021 and 27 closed out, a net change of +53 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q4 2021 was Morgan Stanley, an estimated $72.1M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q4 2021 was Grimes & Company, an estimated $122M sold.

Based on aggregated 13F filings for Q4 2021.