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First Trust Preferred Securities and Income ETF

413 hedge funds and large institutions have $3.51B invested in First Trust Preferred Securities and Income ETF in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 175 increasing their positions, 136 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 36

29% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 136

8% more capital invested

Capital invested by funds: $3.24B → $3.51B (+$270M)

2% more funds holding

Funds holding: 405413 (+8)

0.94% more ownership

Funds ownership: 61.65%62.59% (+0.94%)

11% less funds holding in top 10

Funds holding in top 10: 1917 (-2)

Holders
413
Holders Change
+8
Holders Change %
+1.98%
% of All Funds
5.93%
Holding in Top 10
17
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-10.53%
% of All Funds
0.24%
New
47
Increased
175
Reduced
136
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AF
101
Allworth Financial
California
$3.71M -$11K -623 -0.3%
Jane Street
102
Jane Street
New York
$3.69M -$940K -53,027 -21%
AP
103
Agilis Partners
Massachusetts
$3.62M +$35.8K +2,016 +1%
IAS
104
IMA Advisory Services
Colorado
$3.61M -$195K -11,020 -5%
GCP
105
Gill Capital Partners
Colorado
$3.53M -$92K -5,188 -3%
SA
106
Stonebridge Advisors
Connecticut
$3.46M -$660K -37,223 -16%
CAPTRUST Financial Advisors
107
CAPTRUST Financial Advisors
North Carolina
$3.27M -$342K -19,278 -10%
PCS
108
Private Client Services
Kentucky
$3.19M +$115K +6,462 +4%
SI
109
Stephens Inc
Arkansas
$3.13M +$201K +11,338 +7%
KA
110
Kovack Advisors
Florida
$3.04M -$266K -15,018 -8%
TNBTD
111
Trustmark National Bank Trust Department
Mississippi
$3M -$499K -28,136 -15%
C
112
CEDRUS
Colorado
$2.97M +$615K +34,699 +27%
AWS
113
Atria Wealth Solutions
New York
$2.96M +$139K +7,845 +5%
IWC
114
Integrated Wealth Concepts
Massachusetts
$2.95M +$1.02M +57,583 +55%
IWA
115
Icon Wealth Advisors
Texas
$2.95M -$105K -5,926 -4%
TFA
116
Toth Financial Advisory
Virginia
$2.93M +$51K +2,874 +2%
PAS
117
Park Avenue Securities
New York
$2.92M -$478K -26,969 -14%
Envestnet Portfolio Solutions
118
Envestnet Portfolio Solutions
Illinois
$2.91M +$896K +50,545 +46%
EDRIA
119
Edmonds Duncan Registered Investment Advisors
Kansas
$2.9M +$212K +11,959 +8%
CHC
120
City Holding Co
West Virginia
$2.89M -$103K -5,800 -4%
LSPW
121
Lake Street Private Wealth
Illinois
$2.85M +$115K +6,473 +4%
IWM
122
IHT Wealth Management
Illinois
$2.85M -$22K -1,240 -0.8%
RA
123
RFG Advisory
Alabama
$2.79M +$183K +10,340 +7%
US Bancorp
124
US Bancorp
Minnesota
$2.76M -$54.1K -3,053 -2%
EWA
125
Etesian Wealth Advisors
Oregon
$2.68M -$466K -26,302 -15%

FPE Hedge Fund Activity: Q3 2024 in Review

413 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2024, worth a combined $3.51B — up 8.3% from $3.24B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new FPE positions and 36 closed out — a net gain of 11 holders — while 175 added to existing stakes and 136 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $28.8M. The largest seller was Cetera Investment Advisers, exiting entirely with an estimated $19.8M sold.

  • 413 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2024, up from 405 in Q2 2024.
  • Funds reported $3.51B of First Trust Preferred Securities and Income ETF stock for Q3 2024, up 8.3% quarter-over-quarter.
  • 47 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2024 and 36 closed out, a net change of +11 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2024 was Morgan Stanley, an estimated $28.8M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2024 was Cetera Investment Advisers, an estimated $19.8M sold.

Based on aggregated 13F filings for Q3 2024.