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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
MOS
201
MGO One Seven
Ohio
$429K +$77.2K +4,274 +22%
Goldman Sachs
202
Goldman Sachs
New York
$422K +$414K +22,921 New
MRCM
203
M&R Capital Management
New Jersey
$410K +$379 +21 +0.1%
HH
204
Hilltop Holdings
Texas
$406K -$140K -7,767 -26%
COF
205
Capital One Financial
Virginia
$403K -$340K -18,814 -46%
SDAM
206
Shulman DeMeo Asset Management
New York
$402K +$394K +21,849 New
PWP
207
Principle Wealth Partners
Connecticut
$397K
IA
208
IFP Advisors
Florida
$385K +$4.93K +273 +1%
SCI
209
Stableford Capital II
Arizona
$375K
LWPC
210
Legacy Wealth Partners (California)
California
$374K -$48.9K -2,709 -12%
ODCM
211
Old Dominion Capital Management
Virginia
$370K
JWCA
212
J.W. Cole Advisors
Florida
$366K +$358K +19,856 New
CAC
213
Certified Advisory Corp
Florida
$365K +$328K +18,197 +1,137%
SVWAG
214
Sound View Wealth Advisors Group
Georgia
$347K -$2.58K -143 -0.8%
BAM
215
Belpointe Asset Management
Nevada
$346K +$15.7K +871 +5%
CFG
216
Cooper Financial Group
California
$346K +$339K +18,800 New
IWA
217
IBEX Wealth Advisors
New Jersey
$335K +$2.69K +149 +0.8%
CA
218
Claro Advisors
Massachusetts
$323K +$56.1K +3,105 +22%
NFG
219
Norris Financial Group
South Carolina
$322K
RCA
220
Reitz Capital Advisors
Michigan
$322K +$315K +17,465 New
Northwestern Mutual Wealth Management
221
Northwestern Mutual Wealth Management
Wisconsin
$318K -$137K -7,609 -31%
MA
222
MUFG Americas
New York
$314K +$19.8K +1,097 New
APW
223
Aurora Private Wealth
New Jersey
$304K -$296K -16,384 -50%
VCM
224
Vivaldi Capital Management
Illinois
$291K
AAM
225
Advisors Asset Management
Colorado
$286K -$2.56K -142 -0.9%

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.