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First Trust Preferred Securities and Income ETF

289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 91

9% more capital invested

Capital invested by funds: $2.59B → $2.83B (+$240M)

1.66% more ownership

Funds ownership: 51.51%53.18% (+1.7%)

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

5% less funds holding

Funds holding: 305289 (-16)

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Holders
289
Holders Change
-16
Holders Change %
-5.25%
% of All Funds
5.83%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.4%
New
30
Increased
127
Reduced
91
Closed
44
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
CPIG
126
Chicago Partners Investment Group
Illinois
$1.69M +$67.1K +3,516 +4%
CPIA
127
Cornell Pochily Investment Advisors
New York
$1.69M +$28.1K +1,472 +2%
BAS
128
Brown Advisory Securities
Maryland
$1.68M -$57.3K -3,000 -3%
HIS
129
Harvest Investment Services
Illinois
$1.66M -$115K -6,040 -7%
FWM
130
Frontier Wealth Management
Missouri
$1.52M -$140K -7,340 -8%
IA
131
IFG Advisory
Georgia
$1.51M -$32.8K -1,719 -2%
BFA
132
Brendel Financial Advisors
New Hampshire
$1.51M +$395K +20,684 +36%
GWM
133
Geneos Wealth Management
Colorado
$1.51M +$166K +8,705 +12%
KA
134
Kovack Advisors
Florida
$1.5M +$311K +16,276 +26%
QA
135
Quantitative Advantage
Minnesota
$1.49M +$64.5K +3,378 +5%
PWA
136
Providence Wealth Advisors
Illinois
$1.47M -$17.4K -909 -1%
FEG
137
Financial Enhancement Group
Indiana
$1.47M -$58.5K -3,065 -4%
MWA
138
Moser Wealth Advisors
Washington
$1.41M +$198K +10,350 +16%
WI
139
Wintrust Investments
Illinois
$1.36M -$26.9K -1,410 -2%
GCP
140
Gill Capital Partners
Colorado
$1.35M +$660K +34,554 +96%
NWM
141
Northwest Wealth Management
Iowa
$1.29M +$78K +4,086 +6%
PFS
142
Prospera Financial Services
Texas
$1.28M -$1.34M -70,169 -51%
SCM
143
Smith Capital Management
Arkansas
$1.24M +$19.1K +1,000 +2%
SFA
144
Sequoia Financial Advisors
Ohio
$1.23M +$396K +20,747 +48%
WCM
145
WealthBridge Capital Management
Ohio
$1.21M -$35.6K -1,863 -3%
NFG
146
Next Financial Group
Texas
$1.16M -$215K -11,274 -16%
AF
147
Advisornet Financial
Minnesota
$1.15M -$6.17K -323 -0.5%
FHB
148
First Hawaiian Bank
Hawaii
$1.15M -$40.1K -2,100 -3%
PA
149
PSI Advisors
Florida
$1.11M +$206K +10,767 +23%
JWBC
150
J.W. Burns & Co
New York
$1.1M -$5.25K -275 -0.5%

FPE Hedge Fund Activity: Q3 2020 in Review

289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.

The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.

  • 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
  • Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
  • 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.

Based on aggregated 13F filings for Q3 2020.