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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
MHS
176
M Holdings Securities
Oregon
$585K -$11.1K -613 -2%
CIAS
177
Capital Investment Advisory Services
North Carolina
$583K +$34.3K +1,900 +6%
Creative Planning
178
Creative Planning
Kansas
$582K -$123K -6,806 -18%
SI
179
Stephens Inc
Arkansas
$568K -$1.93M -106,754 -78%
APA
180
American Portfolios Advisors
New York
$563K -$15K -833 -3%
RW
181
RVW Wealth
California
$560K -$565K -31,282 -51%
MPCG
182
Matrix Private Capital Group
New York
$545K +$15.6K +862 +3%
OC
183
Oppenheimer & Co
New York
$539K -$20.2K -1,121 -4%
BF
184
BOK Financial
Oklahoma
$538K -$20K -1,106 -4%
APWA
185
Atlas Private Wealth Advisors
New Jersey
$536K +$526K +29,120 New
OIA
186
OneDigital Investment Advisors
Kansas
$529K +$519K +28,738 New
BB
187
Busey Bank
Illinois
$503K -$14K -773 -3%
GVAG
188
Great Valley Advisor Group
Delaware
$494K +$483K +26,779 New
Koshinski Asset Management
189
Koshinski Asset Management
Illinois
$490K +$480K +26,598 New
EWM
190
EPG Wealth Management
Georgia
$484K +$33.3K +1,843 +8%
NA
191
NewEdge Advisors
Louisiana
$481K -$1.15M -63,877 -71%
CWA
192
Clarus Wealth Advisors
Arizona
$478K +$44.9K +2,485 +11%
GLA
193
Good Life Advisors
Pennsylvania
$478K +$59.9K +3,318 +15%
BAAM
194
Baker Avenue Asset Management
California
$472K
RFWA
195
RPg Family Wealth Advisory
Massachusetts
$471K
SFG
196
Summit Financial Group
West Virginia
$470K -$10.1K -561 -2%
IFG
197
Independent Financial Group
California
$458K +$794 +44 +0.2%
QAM
198
QCI Asset Management
New York
$458K +$171K +9,468 +62%
M&T Bank
199
M&T Bank
New York
$453K -$46K -2,551 -9%
1W
200
1776 Wealth
Georgia
$445K -$418K -23,132 -49%

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.