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First Trust Preferred Securities and Income ETF

397 hedge funds and large institutions have $3.15B invested in First Trust Preferred Securities and Income ETF in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 138 increasing their positions, 162 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

268% more call options, than puts

Call options by funds: $125K | Put options by funds: $34K

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 40

1.82% more ownership

Funds ownership: 57.67%59.49% (+1.8%)

1% more capital invested

Capital invested by funds: $3.1B → $3.15B (+$45.7M)

0% more funds holding

Funds holding: 397397 (0)

15% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 162

Holders
397
Holders Change
Holders Change %
0%
% of All Funds
6.23%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
45
Increased
138
Reduced
162
Closed
40
Calls
$125K
Puts
$34K
Net Calls
+$91K
Net Calls Change
+$23K
Name Holding Trade Value Shares
Change
Change in
Stake
KA
126
Kovack Advisors
Florida
$2.25M +$268K +16,890 +14%
OIA
127
OneDigital Investment Advisors
Kansas
$2.23M +$48K +3,018 +2%
CPC
128
Consolidated Planning Corp
Georgia
$2.21M +$2.2M +138,439 New
BFS
129
Bard Financial Services
Connecticut
$2.16M
NPP
130
New Potomac Partners
Maryland
$2.01M -$51.8K -3,260 -3%
AAS
131
Asset Allocation Strategies
Michigan
$1.95M +$1.94M +122,157 New
EL
132
Essex LLC
Illinois
$1.93M -$3.32M -208,659 -63%
PA
133
Parallel Advisors
California
$1.92M -$92K -5,785 -5%
AWG
134
Altus Wealth Group
Colorado
$1.88M +$10.3K +650 +0.6%
SI
135
Stephens Inc
Arkansas
$1.85M -$204K -12,841 -10%
IAIM
136
International Assets Investment Management
Florida
$1.83M +$67K +4,215 +4%
CIAS
137
Capital Investment Advisory Services
North Carolina
$1.8M +$130K +8,175 +8%
SCA
138
Snowden Capital Advisors
New York
$1.74M +$228K +14,371 +15%
ACA
139
Ascension Capital Advisors
Texas
$1.74M +$302K +19,000 +21%
MWPCG
140
Measured Wealth Private Client Group
New Hampshire
$1.73M -$1.72M -108,280 -50%
AWM
141
Apollon Wealth Management
South Carolina
$1.72M -$408K -25,671 -19%
C
142
CEDRUS
Colorado
$1.69M +$170K +10,674 +11%
BFG
143
Baron Financial Group
New Jersey
$1.67M +$43.2K +2,720 +3%
PTC
144
Private Trust Company
Ohio
$1.67M +$148K +9,284 +10%
LI
145
LVZ Inc
Michigan
$1.67M +$98.8K +6,217 +6%
PWA
146
PCG Wealth Advisors
Kansas
$1.65M -$27.3K -1,720 -2%
SFC
147
Strategic Financial Concepts
Texas
$1.59M +$210K +13,216 +15%
MWA
148
Moser Wealth Advisors
Washington
$1.56M +$1.55M +97,541 New
IWN
149
Independent Wealth Network
Iowa
$1.49M -$75.5K -4,752 -5%
GCM
150
Gallacher Capital Management
Colorado
$1.48M +$172K +10,821 +13%

FPE Hedge Fund Activity: Q2 2023 in Review

397 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2023, worth a combined $3.15B — up 1.5% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new FPE positions and 40 closed out — a net gain of 5 holders — while 138 added to existing stakes and 162 trimmed.

The largest buyer was Jane Street, adding an estimated $39M. The largest seller was State of Tennessee, Department of Treasury, cutting an estimated $30.7M.

  • 397 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $3.15B of First Trust Preferred Securities and Income ETF stock for Q2 2023, up 1.5% quarter-over-quarter.
  • 45 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2023 and 40 closed out, a net change of +5 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q2 2023 was Jane Street, an estimated $39M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q2 2023 was State of Tennessee, Department of Treasury, an estimated $30.7M sold.

Based on aggregated 13F filings for Q2 2023.