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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
DADC
151
D.A. Davidson & Co
Montana
$1.08M +$61.7K +3,233 +6%
HH
152
Hilltop Holdings
Texas
$1.06M +$630K +33,013 +150%
OA
153
Oxbow Advisors
Texas
$1.03M -$933K -48,853 -48%
LI
154
LVZ Inc
Michigan
$1.01M +$33.8K +1,768 +3%
AI
155
Atria Investments
North Carolina
$1M +$1M +52,438 New
SW
156
SteelPeak Wealth
California
$975K +$40K +2,096 +4%
FAIM
157
Financial Advocates Investment Management
Washington
$968K -$32.6K -1,707 -3%
M&T Bank
158
M&T Bank
New York
$949K +$475K +24,891 +101%
SWM
159
SeaCrest Wealth Management
New York
$941K +$33.6K +1,757 +4%
BCM
160
Breiter Capital Management
Florida
$941K +$666K +34,897 +246%
MC
161
Moors & Cabot
Massachusetts
$904K +$38.5K +2,014 +4%
AAMA
162
Advanced Asset Management Advisors
Ohio
$882K
UCFA
163
United Capital Financial Advisors
Texas
$879K -$206K -10,781 -19%
IAIM
164
International Assets Investment Management
Florida
$808K +$668 +35 +0.1%
PAS
165
Park Avenue Securities
New York
$805K -$139K -7,298 -15%
CAM
166
Cozad Asset Management
Illinois
$801K +$23.9K +1,250 +3%
TC
167
Telemus Capital
Michigan
$784K
US Bancorp
168
US Bancorp
Minnesota
$780K -$241K -12,617 -24%
PG
169
Patten Group
Tennessee
$759K +$34.5K +1,808 +5%
CIAS
170
Capital Investment Advisory Services
North Carolina
$758K +$151K +7,923 +25%
SAG
171
Spotlight Asset Group
Illinois
$752K +$749K +39,237 New
SF
172
Synovus Financial
Georgia
$740K +$738K +38,648 New
SB
173
Strategic Blueprint
Georgia
$727K +$725K +37,945 New
CFS
174
CRA Financial Services
New Jersey
$703K
BWA
175
Beam Wealth Advisors
Louisiana
$685K +$34.9K +1,828 +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.