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First Trust Preferred Securities and Income ETF

404 hedge funds and large institutions have $4.13B invested in First Trust Preferred Securities and Income ETF in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 127 increasing their positions, 173 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 36

34% more capital invested

Capital invested by funds: $3.08B → $4.13B (+$1.05B)

18.25% more ownership

Funds ownership: 59.91%78.16% (+18%)

4% more funds holding

Funds holding: 387404 (+17)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

27% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 173

37% less call options, than puts

Call options by funds: $266K | Put options by funds: $422K

Holders
404
Holders Change
+17
Holders Change %
+4.39%
% of All Funds
5.89%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
57
Increased
127
Reduced
173
Closed
36
Calls
$266K
Puts
$422K
Net Calls
-$156K
Net Calls Change
-$269K
Name Holding Trade Value Shares
Change
Change in
Stake
WAG
151
Wiser Advisor Group
Arizona
$1.49M +$1.42M +88,305 New
MFG
152
Mainsail Financial Group
Washington
$1.48M +$64.5K +3,998 +5%
FWP
153
FAS Wealth Partners
Kansas
$1.47M +$556K +34,483 +65%
BCM
154
Brookstone Capital Management
Illinois
$1.47M +$890K +55,171 +173%
IFG
155
Independent Financial Group
California
$1.47M +$45.2K +2,803 +3%
SF
156
Summit Financial
New Jersey
$1.45M -$452K -28,031 -25%
SG
157
StoneX Group
New York
$1.45M +$6.02K +373 +0.4%
BFG
158
Berger Financial Group
Minnesota
$1.4M -$23.8M -1,472,286 -95%
JWCA
159
J.W. Cole Advisors
Florida
$1.32M +$12.2K +759 +1%
NWM
160
Northwest Wealth Management
Iowa
$1.32M +$4.97K +308 +0.4%
RCIM
161
Red Cedar Investment Management
Michigan
$1.31M
SF
162
Synovus Financial
Georgia
$1.31M +$21.1K +1,311 +2%
JIP
163
Jaffetilchin Investment Partners
Florida
$1.3M +$185K +11,438 +17%
PA
164
PSI Advisors
Florida
$1.3M -$44K -2,725 -3%
VIM
165
Vista Investment Management
Pennsylvania
$1.28M +$136K +8,420 +13%
NS
166
NBC Securities
Alabama
$1.26M +$19.7K +1,221 +2%
PG
167
Patten Group
Tennessee
$1.26M +$29.5K +1,828 +3%
WC
168
Waterloo Capital
Texas
$1.25M +$1.19M +74,005 New
MC
169
Moors & Cabot
Massachusetts
$1.25M +$73K +4,522 +7%
SFI
170
SPC Financial Inc
Maryland
$1.24M -$119K -7,400 -9%
WCM
171
WealthBridge Capital Management
Ohio
$1.21M +$152K +9,403 +15%
P
172
&Partners
Tennessee
$1.19M +$1.15M +71,002 New
HIS
173
Harvest Investment Services
Illinois
$1.19M +$1.14M +70,585 New
EL
174
Essex LLC
Illinois
$1.18M -$210K -13,010 -16%
AI
175
AXS Investments
New York
$1.18M +$16.1K +1,000 +1%

FPE Hedge Fund Activity: Q4 2023 in Review

404 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2023, worth a combined $4.13B — up 34% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new FPE positions and 36 closed out — a net gain of 21 holders — while 127 added to existing stakes and 173 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $691M. The largest seller was Berger Financial Group, cutting an estimated $23.8M.

  • 404 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2023, up from 387 in Q3 2023.
  • Funds reported $4.13B of First Trust Preferred Securities and Income ETF stock for Q4 2023, up 34% quarter-over-quarter.
  • 57 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2023 and 36 closed out, a net change of +21 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q4 2023 was Morgan Stanley, an estimated $691M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q4 2023 was Berger Financial Group, an estimated $23.8M sold.

Based on aggregated 13F filings for Q4 2023.