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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
PNC Financial Services Group
176
PNC Financial Services Group
Pennsylvania
$1.12M +$116K +7,288 +12%
QWM
177
QP Wealth Management
New Jersey
$1.11M -$10.4K -654 -0.9%
MFG
178
Mainsail Financial Group
Washington
$1.11M +$15.4K +966 +1%
PG
179
Patten Group
Tennessee
$1.1M +$154K +9,661 +16%
HIS
180
Harvest Investment Services
Illinois
$1.09M +$3.67K +231 +0.3%
JIP
181
Jaffetilchin Investment Partners
Florida
$1.07M +$113K +7,111 +12%
BSB
182
Bangor Savings Bank
Maine
$1.06M +$1.06M +66,645 New
BPA
183
Beacon Pointe Advisors
California
$1.06M -$2.06M -129,757 -66%
PG
184
Prostatis Group
Maryland
$1.04M +$15.3M +959,794 +2,575%
CFG
185
Cooper Financial Group
California
$1.04M -$938 -59 -0.1%
RG
186
Retirement Group
California
$1.03M -$90.9K -5,717 -8%
RJT
187
Raymond James Trust
Florida
$1.02M +$132K +8,285 +15%
US Bancorp
188
US Bancorp
Minnesota
$984K -$397K -24,986 -29%
SFPG
189
Stonebridge Financial Planning Group
Florida
$966K -$138K -8,712 -13%
AWM
190
Accel Wealth Management
Iowa
$931K -$2.11K -133 -0.2%
AFP
191
Ausdal Financial Partners
Iowa
$918K -$162K -10,166 -15%
First Trust Advisors
192
First Trust Advisors
Illinois
$860K +$43.7K +2,750 +5%
TA
193
TrueWealth Advisors
Alabama
$860K -$155K -9,735 -15%
AF
194
Advisornet Financial
Minnesota
$857K +$23.1K +1,454 +3%
CA
195
Claro Advisors
Massachusetts
$847K -$106K -6,683 -11%
RVPG
196
Relative Value Partners Group
$821K +$5.88K +370 +0.7%
AI
197
AXS Investments
New York
$799K +$795K +50,000 New
SRC
198
Shufro Rose & Co
New York
$770K
AWS
199
Aspen Wealth Strategies
Colorado
$753K -$160K -10,036 -18%
SIA
200
Soltis Investment Advisors
Utah
$750K +$747K +46,978 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.