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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
BRWA
176
B. Riley Wealth Advisors
Florida
$669K -$19.5K -1,020 -3%
MAFM
177
Mid Atlantic Financial Management
Pennsylvania
$660K -$37.2K -1,949 -6%
KWM
178
Kingsview Wealth Management
Oregon
$626K +$8.79K +460 +1%
OC
179
Oppenheimer & Co
New York
$613K +$52.1K +2,730 +9%
APA
180
American Portfolios Advisors
New York
$613K +$27K +1,414 +5%
Creative Planning
181
Creative Planning
Kansas
$604K -$1.81K -95 -0.3%
OIA
182
OneDigital Investment Advisors
Kansas
$600K +$48.7K +2,550 +9%
SI
183
Stephens Inc
Arkansas
$591K
Thrivent Financial for Lutherans
184
Thrivent Financial for Lutherans
Minnesota
$590K
RW
185
RVW Wealth
California
$583K
MPCG
186
Matrix Private Capital Group
New York
$567K
BF
187
BOK Financial
Oklahoma
$560K -$535 -28 -0.1%
MHS
188
M Holdings Securities
Oregon
$516K -$92.8K -4,861 -15%
WEC
189
Winslow Evans & Crocker
Massachusetts
$508K +$384K +20,132 +317%
AWM
190
AE Wealth Management
Kansas
$506K -$118K -6,199 -19%
GVAG
191
Great Valley Advisor Group
Delaware
$506K -$7.41K -388 -1%
Ameriprise
192
Ameriprise
Minnesota
$492K +$490K +25,670 New
BAAM
193
Baker Avenue Asset Management
California
$491K
SFG
194
Summit Financial Group
West Virginia
$487K -$1.91K -100 -0.4%
RFWA
195
RPg Family Wealth Advisory
Massachusetts
$486K -$3.99K -209 -0.8%
BB
196
Busey Bank
Illinois
$476K -$47.7K -2,500 -9%
IFG
197
Independent Financial Group
California
$475K -$2.14K -112 -0.5%
1W
198
1776 Wealth
Georgia
$465K +$2.58K +135 +0.6%
TFS
199
TrustCore Financial Services
Tennessee
$449K -$192K -10,029 -30%
Deutsche Bank
200
Deutsche Bank
Germany
$444K +$328K +17,158 +288%

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.