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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
PAS
151
Park Avenue Securities
New York
$908K +$889K +49,269 New
SW
152
SteelPeak Wealth
California
$898K +$17.5K +970 +2%
CCFM
153
Clear Creek Financial Management
Washington
$878K -$127K -7,014 -13%
PA
154
PSI Advisors
Florida
$873K +$303K +16,799 +55%
SWM
155
SeaCrest Wealth Management
New York
$872K -$22K -1,216 -3%
AAMA
156
Advanced Asset Management Advisors
Ohio
$847K
MC
157
Moors & Cabot
Massachusetts
$827K +$188K +10,440 +30%
SFA
158
Sequoia Financial Advisors
Ohio
$801K +$59.6K +3,304 +8%
IAIM
159
International Assets Investment Management
Florida
$776K +$9.08K +503 +1%
Renaissance Technologies
160
Renaissance Technologies
New York
$774K +$758K +42,000 New
TC
161
Telemus Capital
Michigan
$750K
RIA
162
Regal Investment Advisors
Michigan
$749K +$734K +40,656 New
CAM
163
Cozad Asset Management
Illinois
$746K +$731K +40,522 New
AIC
164
Ameritas Investment Company
Nebraska
$742K -$126K -6,961 -15%
PG
165
Patten Group
Tennessee
$696K -$7.08K -392 -1%
Citadel Advisors
166
Citadel Advisors
Florida
$679K -$950K -52,644 -59%
CFS
167
CRA Financial Services
New Jersey
$675K
GCP
168
Gill Capital Partners
Colorado
$665K +$8.86K +491 +1%
BRWA
169
B. Riley Wealth Advisors
Florida
$662K +$88.5K +4,903 +16%
MAFM
170
Mid Atlantic Financial Management
Pennsylvania
$652K -$3.27K -181 -0.5%
AIP
171
Almanack Investment Partners
Pennsylvania
$640K +$627K +34,739 New
BWA
172
Beam Wealth Advisors
Louisiana
$631K +$95.5K +5,289 +18%
TFS
173
TrustCore Financial Services
Tennessee
$617K -$86.2K -4,777 -12%
AWM
174
AE Wealth Management
Kansas
$600K -$115K -6,379 -16%
KWM
175
Kingsview Wealth Management
Oregon
$593K +$120K +6,627 +26%

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.