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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
SFI
151
SPC Financial Inc
Maryland
$1.44M -$89.8K -5,652 -6%
AAS
152
Ameritas Advisory Services
Nebraska
$1.44M -$1.08M -67,651 -43%
IGWM
153
ICA Group Wealth Management
Colorado
$1.44M -$41K -2,581 -3%
HFS
154
Howard Financial Services
Texas
$1.4M -$382K -24,026 -21%
SG
155
StoneX Group
New York
$1.38M -$48.6K -3,058 -3%
GVAG
156
Great Valley Advisor Group
Delaware
$1.37M -$411K -25,879 -23%
CWM
157
Concentrum Wealth Management
California
$1.34M -$95.1K -5,982 -7%
NWM
158
Northwest Wealth Management
Iowa
$1.31M -$1.5M -94,108 -53%
SC
159
Savant Capital
Illinois
$1.31M -$453K -28,477 -26%
SF
160
Synovus Financial
Georgia
$1.31M +$396K +24,922 +44%
PA
161
PSI Advisors
Florida
$1.29M -$5.48K -345 -0.4%
IAN
162
Integrated Advisors Network
Texas
$1.27M -$418K -26,293 -25%
GS
163
GTS Securities
New York
$1.26M +$1.25M +78,925 New
PFGIA
164
Patriot Financial Group Insurance Agency
Massachusetts
$1.22M -$30.5K -1,920 -2%
QPW
165
Quantum Private Wealth
Florida
$1.22M -$1.91K -120 -0.2%
VIM
166
Vista Investment Management
Pennsylvania
$1.21M -$348K -21,862 -22%
Brown Advisory
167
Brown Advisory
Maryland
$1.19M -$7.95K -500 -0.7%
JWCA
168
J.W. Cole Advisors
Florida
$1.19M +$50.7K +3,188 +4%
DC
169
Davenport & Co
Virginia
$1.18M -$50.8K -3,193 -4%
WCM
170
WealthBridge Capital Management
Ohio
$1.16M -$62.6K -3,936 -5%
MC
171
Moors & Cabot
Massachusetts
$1.16M +$96.7K +6,085 +9%
CCG
172
Cypress Capital Group
Florida
$1.16M -$258K -16,208 -18%
CPIA
173
Cornell Pochily Investment Advisors
New York
$1.16M -$57K -3,587 -5%
LSA
174
Lion Street Advisors
Texas
$1.13M -$33.2K -2,086 -4%
CW
175
Connectus Wealth
Ohio
$1.12M +$1.11M +70,000 New

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.