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First Trust Preferred Securities and Income ETF

205 hedge funds and large institutions have $1.61B invested in First Trust Preferred Securities and Income ETF in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 60 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 19

33% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 60

9% more funds holding

Funds holding: 188205 (+17)

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

4% more capital invested

Capital invested by funds: $1.55B → $1.61B (+$68.5M)

0.43% more ownership

Funds ownership: 44.41%44.84% (+0.43%)

Holders
205
Holders Change
+17
Holders Change %
+9.04%
% of All Funds
4.69%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.3%
New
37
Increased
80
Reduced
60
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UB
126
UMB Bank
Missouri
$466K +$17.5K +913 +4%
MIAN
127
Mariner Independent Advisor Network
Kansas
$444K +$448K +23,368 New
UAS
128
United Asset Strategies
New York
$421K -$14.6K -760 -3%
SPC
129
Sigma Planning Corp
Michigan
$414K +$51K +2,660 +14%
BF
130
BOK Financial
Oklahoma
$404K
FHB
131
First Hawaiian Bank
Hawaii
$396K +$398K +20,742 New
Bessemer Group
132
Bessemer Group
New Jersey
$388K +$390K +20,335 New
JCM
133
Jacobi Capital Management
Pennsylvania
$342K -$4.72K -246 -1%
ISB
134
Iowa State Bank
Iowa
$338K
Northwestern Mutual Wealth Management
135
Northwestern Mutual Wealth Management
Wisconsin
$335K +$1.86K +97 +0.6%
Manulife (Manufacturers Life Insurance)
136
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$319K -$157K -8,199 -33%
ALIONA
137
Allianz Life Insurance of North America
Minnesota
$313K +$30.1K +1,566 +11%
UCFA
138
United Capital Financial Advisors
Texas
$311K +$312K +16,277 New
PGA
139
Premia Global Advisors
Florida
$292K +$294K +15,303 New
KA
140
Kovack Advisors
Florida
$280K -$269 -14 -0.1%
Deutsche Bank
141
Deutsche Bank
Germany
$267K -$210K -10,943 -44%
SS
142
Simplicity Solutions
Minnesota
$258K +$259K +13,487 New
Bank of New York Mellon
143
Bank of New York Mellon
New York
$249K +$250K +13,019 New
WDA
144
Wendell David Associates
New Hampshire
$248K +$249K +13,000 New
SCA
145
Snowden Capital Advisors
New York
$246K -$2.42M -126,149 -91%
NA
146
NewEdge Advisors
Louisiana
$235K +$236K +12,317 New
JP Morgan Chase
147
JP Morgan Chase
New York
$227K -$16K -832 -7%
Koshinski Asset Management
148
Koshinski Asset Management
Illinois
$226K +$227K +11,824 New
ATC
149
Argent Trust Co
Tennessee
$225K
AFNAS
150
American Financial Network Advisory Services
California
$219K +$219K +11,437 +114,370%

FPE Hedge Fund Activity: Q3 2018 in Review

205 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2018, worth a combined $1.61B — up 4.4% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new FPE positions and 19 closed out — a net gain of 18 holders — while 80 added to existing stakes and 60 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $22M. The largest seller was Beacon Financial Group, cutting an estimated $19.2M.

  • 205 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2018, up from 188 in Q2 2018.
  • Funds reported $1.61B of First Trust Preferred Securities and Income ETF stock for Q3 2018, up 4.4% quarter-over-quarter.
  • 37 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2018 and 19 closed out, a net change of +18 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2018 was Royal Bank of Canada, an estimated $22M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2018 was Beacon Financial Group, an estimated $19.2M sold.

Based on aggregated 13F filings for Q3 2018.