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First Trust Preferred Securities and Income ETF

397 hedge funds and large institutions have $3.15B invested in First Trust Preferred Securities and Income ETF in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 138 increasing their positions, 162 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $125K | Put options by funds: $34K

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 40

1.82% more ownership

Funds ownership: 57.67%59.49% (+1.8%)

1% more capital invested

Capital invested by funds: $3.1B → $3.15B (+$45.7M)

0% more funds holding

Funds holding: 397397 (0)

15% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 162

Holders
397
Holders Change
Holders Change %
0%
% of All Funds
6.23%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
45
Increased
138
Reduced
162
Closed
40
Calls
$125K
Puts
$34K
Net Calls
+$91K
Net Calls Change
+$23K
Name Holding Trade Value Shares
Change
Change in
Stake
LSPW
101
Lake Street Private Wealth
Illinois
$3.27M +$201K +12,637 +7%
AP
102
Agilis Partners
Massachusetts
$3.22M +$1.14M +71,565 +55%
IAS
103
IMA Advisory Services
Colorado
$3.21M +$84K +5,283 +3%
FCA
104
FinTrust Capital Advisors
South Carolina
$3.16M
AI
105
Atria Investments
North Carolina
$3.13M -$63.6K -4,002 -2%
EWA
106
Etesian Wealth Advisors
Oregon
$3.11M +$118K +7,452 +4%
NW
107
Naviter Wealth
Arkansas
$3.03M +$3.02M +189,692 New
SSA
108
Schonfeld Strategic Advisors
New York
$3M +$2.99M +187,973 New
AWS
109
Atria Wealth Solutions
New York
$2.94M -$291K -18,314 -9%
IA
110
IFP Advisors
Florida
$2.93M +$80K +5,033 +3%
CAPTRUST Financial Advisors
111
CAPTRUST Financial Advisors
North Carolina
$2.92M +$1.06M +66,947 +58%
CHC
112
City Holding Co
West Virginia
$2.83M -$54K -3,400 -2%
SWP
113
Summit Wealth Partners
Florida
$2.81M -$821K -51,669 -23%
BFEC
114
Benjamin F. Edwards & Company
Missouri
$2.75M +$26K +1,637 +1%
IWP
115
Icon Wealth Partners
Texas
$2.73M +$146K +9,179 +6%
IWM
116
IHT Wealth Management
Illinois
$2.63M +$190K +11,929 +8%
IWC
117
Integrated Wealth Concepts
Massachusetts
$2.62M +$443K +27,840 +20%
SF
118
Summit Financial
New Jersey
$2.59M -$490K -30,813 -16%
CA
119
Cetera Advisors
Colorado
$2.51M +$506K +31,822 +25%
TFA
120
Toth Financial Advisory
Virginia
$2.42M +$140K +8,803 +6%
BRWA
121
B. Riley Wealth Advisors
Florida
$2.42M -$753K -47,393 -24%
EDRIA
122
Edmonds Duncan Registered Investment Advisors
Kansas
$2.37M -$5.29K -333 -0.2%
WAM
123
Walker Asset Management
Missouri
$2.34M -$411K -25,883 -15%
PAS
124
Park Avenue Securities
New York
$2.34M -$4.88K -307 -0.2%
MFG
125
Mendota Financial Group
Wisconsin
$2.31M -$280K -17,626 -11%

FPE Hedge Fund Activity: Q2 2023 in Review

397 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2023, worth a combined $3.15B — up 1.5% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FPE positions and 40 closed out — a net gain of 5 holders — while 138 added to existing stakes and 162 trimmed.

The largest buyer was Jane Street, adding an estimated $39M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $30.7M.

  • 397 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $3.15B of First Trust Preferred Securities and Income ETF stock for Q2 2023, up 1.5% quarter-over-quarter.
  • 45 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2023 and 40 closed out, a net change of +5 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2023 was Jane Street, an estimated $39M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2023 was State of Tennessee, Department of Treasury, an estimated $30.7M sold.

Based on aggregated 13F filings for Q2 2023.