We are live on ! Find out more
FPE icon

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
CW
176
Connectus Wealth
Ohio
$1.18M +$1.13M +70,000 New
QPW
177
Quantum Private Wealth
Florida
$1.18M -$25.1K -1,553 -2%
PFGIA
178
Patriot Financial Group Insurance Agency
Massachusetts
$1.15M -$67.4K -4,175 -6%
SCA
179
Snowden Capital Advisors
New York
$1.15M -$268K -16,599 -20%
IAN
180
Integrated Advisors Network
Texas
$1.14M -$59.6K -3,694 -5%
AF
181
Advisornet Financial
Minnesota
$1.08M +$61.9K +3,837 +6%
LSA
182
Lion Street Advisors
Texas
$1.06M +$118K +7,339 +13%
BSB
183
Bangor Savings Bank
Maine
$1.03M -$2.26K -140 -0.2%
MWPCG
184
Measured Wealth Private Client Group
New Hampshire
$994K -$46.8K -2,904 -5%
DF
185
Dunhill Financial
United Kingdom
$981K -$4.66M -288,900 -83%
CPIA
186
Cornell Pochily Investment Advisors
New York
$968K -$193K -11,954 -17%
CWM
187
Concentrum Wealth Management
California
$967K -$421K -26,080 -31%
DC
188
Davenport & Co
Virginia
$960K -$99.2K -6,146 -10%
AWM
189
Accel Wealth Management
Iowa
$955K -$25.5K -1,581 -3%
CFG
190
Cooper Financial Group
California
$948K -$77.3K -4,793 -8%
CL
191
Choreo LLC
Illinois
$925K +$885K +54,841 New
Brown Advisory
192
Brown Advisory
Maryland
$917K -$317K -19,641 -27%
AWS
193
Aspen Wealth Strategies
Colorado
$914K -$23.7K -1,471 -3%
NPT
194
National Philanthropic Trust
Pennsylvania
$877K +$839K +52,029 New
Citadel Advisors
195
Citadel Advisors
Florida
$876K +$395K +24,472 +89%
AFP
196
Ausdal Financial Partners
Iowa
$873K -$177K -10,999 -18%
RFA
197
ROI Financial Advisors
Oregon
$868K +$831K +51,489 New
First Trust Advisors
198
First Trust Advisors
Illinois
$863K -$53.7K -3,330 -6%
PNC Financial Services Group
199
PNC Financial Services Group
Pennsylvania
$858K -$346K -21,422 -30%
SB
200
Strategic Blueprint
Georgia
$818K +$107K +6,628 +16%

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.