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First Trust Preferred Securities and Income ETF

208 hedge funds and large institutions have $1.64B invested in First Trust Preferred Securities and Income ETF in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 89 increasing their positions, 48 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 17

85% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 48

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

16% more funds holding

Funds holding: 180208 (+28)

8% more capital invested

Capital invested by funds: $1.51B → $1.64B (+$127M)

0.51% more ownership

Funds ownership: 45.88%46.39% (+0.51%)

Holders
208
Holders Change
+28
Holders Change %
+15.56%
% of All Funds
4.77%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.37%
New
46
Increased
89
Reduced
48
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
126
US Bancorp
Minnesota
$465K +$78.6K +3,975 +20%
BRF
127
B. Riley Financial
California
$461K
UAS
128
United Asset Strategies
New York
$443K +$450K +22,780 New
GSC
129
G&S Capital
Colorado
$434K
UB
130
UMB Bank
Missouri
$426K -$593 -30 -0.1%
ALIONA
131
Allianz Life Insurance of North America
Minnesota
$380K +$10.1K +513 +2%
BF
132
BOK Financial
Oklahoma
$377K +$383K +19,381 New
ISB
133
Iowa State Bank
Iowa
$345K
PPA
134
Parametric Portfolio Associates
Washington
$337K +$342K +17,315 New
Cetera Investment Advisers
135
Cetera Investment Advisers
Illinois
$333K -$3.12M -157,565 -90%
LWAC
136
Laurel Wealth Advisors (California)
California
$324K
BCM
137
Breiter Capital Management
Florida
$317K +$52.7K +2,665 +20%
NMC
138
Nine Masts Capital
Hong Kong
$306K -$1.33M -67,356 -81%
JCM
139
Jacobi Capital Management
Pennsylvania
$303K +$29.1K +1,472 +10%
AWM
140
AE Wealth Management
Kansas
$297K -$265K -13,387 -47%
CRWM
141
Castle Rock Wealth Management
California
$294K +$299K +15,102 New
CFA
142
Carroll Financial Associates
North Carolina
$293K +$19.8K +1,000 +7%
JP Morgan Chase
143
JP Morgan Chase
New York
$274K -$460K -23,266 -62%
Northwestern Mutual Wealth Management
144
Northwestern Mutual Wealth Management
Wisconsin
$268K -$3.83K -194 -1%
MSAM
145
Moloney Securities Asset Management
Missouri
$236K -$129K -6,515 -35%
APA
146
American Portfolios Advisors
New York
$230K +$14.9K +755 +7%
ATC
147
Argent Trust Co
Tennessee
$229K
Bank of New York Mellon
148
Bank of New York Mellon
New York
$223K +$13.5K +684 +6%
GRP
149
Global Retirement Partners
California
$219K +$222K +11,229 New
CCB
150
Cutter & Co Brokerage
Missouri
$205K -$2.97K -150 -1%

FPE Hedge Fund Activity: Q1 2018 in Review

208 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2018, worth a combined $1.64B — up 8.4% from $1.51B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FPE positions and 17 closed out — a net gain of 29 holders — while 89 added to existing stakes and 48 trimmed.

The largest buyer was CNO Financial Group, opening a new position worth an estimated $39.5M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $11.3M sold.

  • 208 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2018, up from 180 in Q4 2017.
  • Funds reported $1.64B of First Trust Preferred Securities and Income ETF stock for Q1 2018, up 8.4% quarter-over-quarter.
  • 46 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2018 and 17 closed out, a net change of +29 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2018 was CNO Financial Group, an estimated $39.5M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2018 was Brookstone Capital Management, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2018.