First Trust Preferred Securities and Income ETF
233 hedge funds and large institutions have $1.51B invested in First Trust Preferred Securities and Income ETF in 2019 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 99 increasing their positions, 56 reducing their positions, and 34 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 56
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
12% more capital invested
Capital invested by funds: $1.35B → $1.51B (+$156M)
2.14% more ownership
Funds ownership: 43.62% → 45.76% (+2.1%)
0% more funds holding
Funds holding: 233 → 233 (0)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$19.5M |
| 2 |
Morgan Stanley
New York
|
+$15.8M |
| 3 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$15.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.1M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$16.6M |
| 2 |
HWA
HCR Wealth Advisors
Los Angeles,
California
|
-$12.3M |
| 3 |
Jane Street
New York
|
-$9.16M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$6.58M |
| 5 |
1NWS
1 North Wealth Services
Annapolis,
Maryland
|
-$4.79M |
FPE Hedge Fund Activity: Q1 2019 in Review
233 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2019, worth a combined $1.51B — up 12% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FPE positions and 34 closed out — a net gain of 4 holders — while 99 added to existing stakes and 56 trimmed.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $19.5M. The largest seller was WBI Investments, exiting entirely with an estimated $16.6M sold.
- 233 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $1.51B of First Trust Preferred Securities and Income ETF stock for Q1 2019, up 12% quarter-over-quarter.
- 38 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2019 and 34 closed out, a net change of +4 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q1 2019 was Carson Wealth (CWM LLC), an estimated $19.5M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q1 2019 was WBI Investments, an estimated $16.6M sold.
Based on aggregated 13F filings for Q1 2019.