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First Trust Preferred Securities and Income ETF

405 hedge funds and large institutions have $3.26B invested in First Trust Preferred Securities and Income ETF in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 163 increasing their positions, 140 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 140

16% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 38

0% more funds holding

Funds holding: 404405 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

16.67% less ownership

Funds ownership: 78.16%61.49% (-17%)

21% less capital invested

Capital invested by funds: $4.13B → $3.26B (-$873M)

90% less call options, than puts

Call options by funds: $35K | Put options by funds: $348K

Holders
405
Holders Change
+1
Holders Change %
+0.25%
% of All Funds
5.83%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.27%
New
44
Increased
163
Reduced
140
Closed
38
Calls
$35K
Puts
$348K
Net Calls
-$313K
Net Calls Change
-$157K
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
126
AE Wealth Management
Kansas
$2.33M -$4.96M -290,262 -68%
DWG
127
Darden Wealth Group
Michigan
$2.3M +$393K +22,986 +21%
BFG
128
Beacon Financial Group
Texas
$2.29M -$268K -15,688 -11%
MIFH
129
Migdal Insurance & Financial Holdings
Israel
$2.26M +$2.23M +130,532 New
BFEC
130
Benjamin F. Edwards & Company
Missouri
$2.17M -$42.1K -2,461 -2%
AAS
131
Asset Allocation Strategies
Michigan
$2.15M +$32.2K +1,883 +2%
NPP
132
New Potomac Partners
Maryland
$2.06M -$20.7K -1,210 -1%
OIA
133
OneDigital Investment Advisors
Kansas
$2.06M +$11.4K +665 +0.6%
BPA
134
Beacon Pointe Advisors
California
$2.05M -$352K -20,571 -15%
PG
135
Prostatis Group
Maryland
$1.97M +$411K +24,052 +27%
SFC
136
Strategic Financial Concepts
Texas
$1.92M +$245K +14,301 +15%
C
137
CEDRUS
Colorado
$1.88M +$124K +7,269 +7%
RA
138
RFG Advisory
Alabama
$1.88M +$105K +6,127 +6%
IGWM
139
ICA Group Wealth Management
Colorado
$1.87M +$84.2K +4,923 +5%
SWP
140
Summit Wealth Partners
Florida
$1.84M -$53K -3,097 -3%
IWC
141
Integrated Wealth Concepts
Massachusetts
$1.83M -$1.99M -116,577 -52%
IWN
142
Independent Wealth Network
Iowa
$1.81M -$21.1K -1,233 -1%
BCM
143
Brookstone Capital Management
Illinois
$1.8M +$289K +16,911 +19%
SSA
144
Schonfeld Strategic Advisors
New York
$1.79M -$2.31M -135,241 -57%
BFWM
145
Bright Futures Wealth Management
New York
$1.76M +$1.74M +101,573 New
PA
146
Parallel Advisors
California
$1.75M +$28.5K +1,664 +2%
ASN
147
Advisory Services Network
Georgia
$1.75M +$911K +53,271 +112%
GCM
148
Gallacher Capital Management
Colorado
$1.71M -$132K -7,719 -7%
IAIM
149
International Assets Investment Management
Florida
$1.71M -$29.1M -1,701,079 -95%
MWA
150
Moser Wealth Advisors
Washington
$1.6M +$1.18K +69 +0.1%

FPE Hedge Fund Activity: Q1 2024 in Review

405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2024, worth a combined $3.26B — down 21% from $4.13B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FPE positions and 38 closed out — a net gain of 6 holders — while 163 added to existing stakes and 140 trimmed.

The largest buyer was UBS Group, adding an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $800M.

  • 405 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2024, up from 404 in Q4 2023.
  • Funds reported $3.26B of First Trust Preferred Securities and Income ETF stock for Q1 2024, down 21% quarter-over-quarter.
  • 44 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2024 and 38 closed out, a net change of +6 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q1 2024 was UBS Group, an estimated $14.2M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $800M sold.

Based on aggregated 13F filings for Q1 2024.