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First Trust Preferred Securities and Income ETF

205 hedge funds and large institutions have $1.61B invested in First Trust Preferred Securities and Income ETF in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 60 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 19

33% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 60

9% more funds holding

Funds holding: 188205 (+17)

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

4% more capital invested

Capital invested by funds: $1.55B → $1.61B (+$68.5M)

0.43% more ownership

Funds ownership: 44.41%44.84% (+0.43%)

Holders
205
Holders Change
+17
Holders Change %
+9.04%
% of All Funds
4.69%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.3%
New
37
Increased
80
Reduced
60
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
APA
151
American Portfolios Advisors
New York
$218K -$10.5K -549 -5%
Creative Planning
152
Creative Planning
Kansas
$217K +$218K +11,366 New
GLA
153
Good Life Advisors
Pennsylvania
$212K -$107K -5,596 -34%
ASN
154
Advisory Services Network
Georgia
$209K +$37.9K +1,977 +22%
WAP
155
Wealthcare Advisory Partners
Pennsylvania
$202K +$4.3K +224 +2%
CCB
156
Cutter & Co Brokerage
Missouri
$201K
MCM
157
Mengis Capital Management
Oregon
$192K +$193K +10,080 New
MRCM
158
M&R Capital Management
New Jersey
$191K +$192K +10,000 New
GSC
159
G&S Capital
Colorado
$189K
WWMSC
160
Wagner Wealth Management (South Carolina)
South Carolina
$154K +$29.8K +1,555 +24%
SWM
161
SeaCrest Wealth Management
New York
$141K -$2.63K -137 -2%
FGAM
162
Financial Gravity Asset Management
Texas
$135K +$12.1K +629 +10%
WEC
163
Winslow Evans & Crocker
Massachusetts
$100K -$37.6K -1,960 -28%
WC
164
Whitney & Co
New York
$98K +$99.8K +5,200 New
GEA
165
Glen Eagle Advisors
New Jersey
$97K
CFGS
166
Concourse Financial Group Securities
Alabama
$96K +$96.7K +5,040 New
WT
167
Whittier Trust
California
$95K
PMFA
168
Plante Moran Financial Advisors
Michigan
$86K +$19 +1 +0%
WP
169
WealthShield Partners
North Carolina
$80K +$23.1K +1,205 +41%
CFA
170
Carroll Financial Associates
North Carolina
$79K -$210K -10,920 -72%
CWA
171
Clarus Wealth Advisors
Arizona
$79K -$24K -1,250 -23%
APP
172
Avantax Planning Partners
Iowa
$69K +$69.3K +3,612 New
CHC
173
City Holding Co
West Virginia
$63K
MIFH
174
Migdal Insurance & Financial Holdings
Israel
$60K -$4M -208,457 -99%
WC
175
Whitnell & Co
Illinois
$57K +$48K +2,500 +525%

FPE Hedge Fund Activity: Q3 2018 in Review

205 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2018, worth a combined $1.61B — up 4.4% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new FPE positions and 19 closed out — a net gain of 18 holders — while 80 added to existing stakes and 60 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $22M. The largest seller was Beacon Financial Group, cutting an estimated $19.2M.

  • 205 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2018, up from 188 in Q2 2018.
  • Funds reported $1.61B of First Trust Preferred Securities and Income ETF stock for Q3 2018, up 4.4% quarter-over-quarter.
  • 37 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2018 and 19 closed out, a net change of +18 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2018 was Royal Bank of Canada, an estimated $22M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2018 was Beacon Financial Group, an estimated $19.2M sold.

Based on aggregated 13F filings for Q3 2018.