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First Trust Preferred Securities and Income ETF

405 hedge funds and large institutions have $3.26B invested in First Trust Preferred Securities and Income ETF in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 163 increasing their positions, 140 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 140

16% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 38

0% more funds holding

Funds holding: 404405 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

16.67% less ownership

Funds ownership: 78.16%61.49% (-17%)

21% less capital invested

Capital invested by funds: $4.13B → $3.26B (-$873M)

90% less call options, than puts

Call options by funds: $35K | Put options by funds: $348K

Holders
405
Holders Change
+1
Holders Change %
+0.25%
% of All Funds
5.83%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
44
Increased
163
Reduced
140
Closed
38
Calls
$35K
Puts
$348K
Net Calls
-$313K
Net Calls Change
-$157K
Name Holding Trade Value Shares
Change
Change in
Stake
AF
101
Allworth Financial
California
$3.48M +$2.81M +164,530 +455%
GCP
102
Gill Capital Partners
Colorado
$3.47M -$268K -15,682 -7%
AP
103
Agilis Partners
Massachusetts
$3.43M
FZCM
104
Flynn Zito Capital Management
New York
$3.36M +$61.1K +3,571 +2%
EWA
105
Etesian Wealth Advisors
Oregon
$3.24M +$10.2K +595 +0.3%
SA
106
Stonebridge Advisors
Connecticut
$3.16M -$30.6M -1,789,558 -91%
NW
107
Naviter Wealth
Arkansas
$3.13M -$69.6K -4,071 -2%
PAS
108
Park Avenue Securities
New York
$2.94M +$39.2K +2,291 +1%
PCS
109
Private Client Services
Kentucky
$2.92M +$915K +53,492 +47%
CHC
110
City Holding Co
West Virginia
$2.86M -$57.6K -3,370 -2%
Carson Wealth (CWM LLC)
111
Carson Wealth (CWM LLC)
Nebraska
$2.85M -$1.19M -69,444 -30%
TFA
112
Toth Financial Advisory
Virginia
$2.77M +$149K +8,722 +6%
IWM
113
IHT Wealth Management
Illinois
$2.76M -$20K -1,172 -0.7%
BRWA
114
B. Riley Wealth Advisors
Florida
$2.74M +$2.55M +149,128 +673%
AWS
115
Atria Wealth Solutions
New York
$2.68M -$64.1K -3,747 -2%
IWA
116
Icon Wealth Advisors
Texas
$2.64M -$300K -17,545 -10%
SI
117
Stephens Inc
Arkansas
$2.62M +$414K +24,233 +19%
Jane Street
118
Jane Street
New York
$2.61M -$81.8M -4,786,096 -97%
EDRIA
119
Edmonds Duncan Registered Investment Advisors
Kansas
$2.6M +$14.1K +825 +0.6%
IA
120
IFP Advisors
Florida
$2.57M -$278K -16,245 -10%
LSPW
121
Lake Street Private Wealth
Illinois
$2.49M +$234K +13,657 +10%
BCP
122
Blackhawk Capital Partners
Wisconsin
$2.45M -$150K -8,757 -6%
SPIA
123
Steward Partners Investment Advisory
New York
$2.43M -$710K -41,540 -23%
CIAS
124
Capital Investment Advisory Services
North Carolina
$2.35M +$125K +7,285 +6%
WAM
125
Walker Asset Management
Missouri
$2.34M +$6.84K +400 +0.3%

FPE Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2024, worth a combined $3.26B — down 21% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FPE positions and 38 closed out — a net gain of 6 holders — while 163 added to existing stakes and 140 trimmed.

The largest buyer was UBS Group, adding an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $800M.

  • 405 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2024, up from 404 in Q4 2023.
  • Funds reported $3.26B of First Trust Preferred Securities and Income ETF stock for Q1 2024, down 21% quarter-over-quarter.
  • 44 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2024 and 38 closed out, a net change of +6 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2024 was UBS Group, an estimated $14.2M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $800M sold.

Based on aggregated 13F filings for Q1 2024.