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First Trust Preferred Securities and Income ETF

424 hedge funds and large institutions have $4.19B invested in First Trust Preferred Securities and Income ETF in 2022 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 119 increasing their positions, 190 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 43

13% more capital invested

Capital invested by funds: $3.7B → $4.19B (+$492M)

5% more funds holding

Funds holding: 402424 (+22)

0.55% more ownership

Funds ownership: 59.65%60.2% (+0.55%)

24% less funds holding in top 10

Funds holding in top 10: 2922 (-7)

37% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 190

Holders
424
Holders Change
+22
Holders Change %
+5.47%
% of All Funds
6.82%
Holding in Top 10
22
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-24.14%
% of All Funds
0.35%
New
72
Increased
119
Reduced
190
Closed
43
Calls
$604K
Puts
Net Calls
+$604K
Net Calls Change
+$604K
Name Holding Trade Value Shares
Change
Change in
Stake
CIAS
176
Capital Investment Advisory Services
North Carolina
$1.35M +$50.2K +2,990 +4%
LI
177
LVZ Inc
Michigan
$1.33M -$229K -13,636 -15%
SWA
178
SFMG Wealth Advisors
Texas
$1.33M -$240K -14,284 -15%
HR
179
Hardy Reed
Mississippi
$1.31M +$1.31M +78,144 New
Brown Advisory
180
Brown Advisory
Maryland
$1.31M +$1.31M +77,858 New
CPIA
181
Cornell Pochily Investment Advisors
New York
$1.3M -$154K -9,162 -11%
MC
182
Moors & Cabot
Massachusetts
$1.26M -$103K -6,156 -8%
DC
183
Davenport & Co
Virginia
$1.25M -$55.1K -3,286 -4%
Bank of New York Mellon
184
Bank of New York Mellon
New York
$1.24M +$571K +34,027 +86%
RG
185
Retirement Group
California
$1.23M +$589K +35,119 +92%
WCM
186
WealthBridge Capital Management
Ohio
$1.2M -$91.9K -5,478 -7%
HIS
187
Harvest Investment Services
Illinois
$1.19M +$27.2K +1,622 +2%
TA
188
TrueWealth Advisors
Alabama
$1.19M -$62.1K -3,703 -5%
VCM
189
Vivaldi Capital Management
Illinois
$1.18M +$83.9K +5,000 +8%
MCC
190
Money Concepts Capital
Florida
$1.18M +$1.15M +68,275 +3,717%
MFG
191
Mainsail Financial Group
Washington
$1.16M +$1.12M +66,687 New
SW
192
SVB Wealth
Massachusetts
$1.15M +$254K +15,116 +28%
SFPG
193
Stonebridge Financial Planning Group
Florida
$1.15M -$82.9K -4,939 -7%
GCM
194
Gallacher Capital Management
Colorado
$1.14M +$1.14M +67,965 New
CCG
195
Chatham Capital Group
Georgia
$1.14M +$697K +41,520 +159%
BPA
196
Beacon Pointe Advisors
California
$1.13M -$52K -3,100 -4%
CA
197
Claro Advisors
Massachusetts
$1.09M +$232K +13,832 +27%
JIP
198
Jaffetilchin Investment Partners
Florida
$1.08M -$41.8K -2,490 -4%
C
199
CEDRUS
Colorado
$1.06M +$770K +45,905 +266%
DWM
200
Drive Wealth Management
Utah
$1.05M +$1.05M +62,370 New

FPE Hedge Fund Activity: Q4 2022 in Review

424 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2022, worth a combined $4.19B — up 13% from $3.7B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new FPE positions and 43 closed out — a net gain of 29 holders — while 119 added to existing stakes and 190 trimmed.

The largest buyer was Jane Street, adding an estimated $89.3M. The largest seller was Morgan Stanley, cutting an estimated $86.1M.

  • 424 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2022, up from 402 in Q3 2022.
  • Funds reported $4.19B of First Trust Preferred Securities and Income ETF stock for Q4 2022, up 13% quarter-over-quarter.
  • 72 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2022 and 43 closed out, a net change of +29 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q4 2022 was Jane Street, an estimated $89.3M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q4 2022 was Morgan Stanley, an estimated $86.1M sold.

Based on aggregated 13F filings for Q4 2022.