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First Trust Preferred Securities and Income ETF

305 hedge funds and large institutions have $2.59B invested in First Trust Preferred Securities and Income ETF in 2020 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 102 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more capital invested

Capital invested by funds: $2.18B → $2.59B (+$415M)

18% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 39

12% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 102

1% more funds holding

Funds holding: 301305 (+4)

1.1% more ownership

Funds ownership: 50.41%51.51% (+1.1%)

9% less funds holding in top 10

Funds holding in top 10: 2321 (-2)

Holders
305
Holders Change
+4
Holders Change %
+1.33%
% of All Funds
6.25%
Holding in Top 10
21
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.7%
% of All Funds
0.43%
New
46
Increased
114
Reduced
102
Closed
39
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QA
126
Quantitative Advantage
Minnesota
$1.37M -$86.4K -4,788 -6%
WI
127
Wintrust Investments
Illinois
$1.33M +$5.36K +297 +0.4%
NFG
128
Next Financial Group
Texas
$1.32M -$31.7K -1,756 -2%
GWM
129
Geneos Wealth Management
Colorado
$1.31M +$56.8K +3,147 +5%
AT
130
Arden Trust
Delaware
$1.26M
VA
131
Valmark Advisers
Ohio
$1.22M +$1.2M +66,298 New
WCM
132
WealthBridge Capital Management
Ohio
$1.2M -$89.8K -4,972 -7%
VIM
133
Vista Investment Management
Pennsylvania
$1.19M -$11.9K -657 -1%
SCM
134
Smith Capital Management
Arkansas
$1.18M -$40.8K -2,262 -3%
NWM
135
Northwest Wealth Management
Iowa
$1.17M +$90.7K +5,026 +9%
MWA
136
Moser Wealth Advisors
Washington
$1.16M +$78.1K +4,329 +7%
KA
137
Kovack Advisors
Florida
$1.14M +$34.5K +1,912 +3%
FHB
138
First Hawaiian Bank
Hawaii
$1.14M +$1.12M +62,080 New
Jane Street
139
Jane Street
New York
$1.13M -$1.4M -77,306 -56%
AF
140
Advisornet Financial
Minnesota
$1.11M +$8.79K +487 +0.8%
OMC
141
Old Mission Capital
Illinois
$1.11M +$652K +36,097 +149%
BFA
142
Brendel Financial Advisors
New Hampshire
$1.07M +$519K +28,777 +98%
JWBC
143
J.W. Burns & Co
New York
$1.06M +$39.7K +2,200 +4%
UCFA
144
United Capital Financial Advisors
Texas
$1.04M -$116K -6,400 -10%
US Bancorp
145
US Bancorp
Minnesota
$981K +$396K +21,953 +70%
DADC
146
D.A. Davidson & Co
Montana
$977K +$145K +8,010 +18%
FAIM
147
Financial Advocates Investment Management
Washington
$962K +$6.01K +333 +0.6%
HHRDM
148
H&H Retirement Design & Management
Nevada
$958K +$226K +12,521 +32%
LI
149
LVZ Inc
Michigan
$943K -$24.4K -1,349 -3%
Thrivent Financial for Lutherans
150
Thrivent Financial for Lutherans
Minnesota
$938K

FPE Hedge Fund Activity: Q2 2020 in Review

305 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2020, worth a combined $2.59B — up 19% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FPE positions and 39 closed out — a net gain of 7 holders — while 114 added to existing stakes and 102 trimmed.

The largest buyer was Grimes & Company, opening a new position worth an estimated $65.1M. The largest seller was Eaton Vance Management, cutting an estimated $38M.

  • 305 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2020, up from 301 in Q1 2020.
  • Funds reported $2.59B of First Trust Preferred Securities and Income ETF stock for Q2 2020, up 19% quarter-over-quarter.
  • 46 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2020 and 39 closed out, a net change of +7 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2020 was Grimes & Company, an estimated $65.1M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2020 was Eaton Vance Management, an estimated $38M sold.

Based on aggregated 13F filings for Q2 2020.