First Trust Preferred Securities and Income ETF
422 hedge funds and large institutions have $4.54B invested in First Trust Preferred Securities and Income ETF in 2022 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 152 increasing their positions, 152 reducing their positions, and 40 closing their positions.
267,300% more call options, than puts
Call options by funds: $2.67M | Put options by funds: $1K
48% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 40
3% more funds holding
Funds holding: 408 → 422 (+14)
0% more funds holding in top 10
Funds holding in top 10: 37 → 37 (0)
0% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 152
0.14% less ownership
Funds ownership: 60.37% → 60.23% (-0.14%)
6% less capital invested
Capital invested by funds: $4.83B → $4.54B (-$292M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$36.8M |
| 2 |
Morgan Stanley
New York
|
+$28.9M |
| 3 |
Jane Street
New York
|
+$27M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.5M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$34.9M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$26.7M |
| 3 |
SWM
Southern Wealth Management
Dallas,
Texas
|
-$21.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.6M |
| 5 |
KCM
Karp Capital Management
Sausalito,
California
|
-$11.3M |
FPE Hedge Fund Activity: Q1 2022 in Review
422 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2022, worth a combined $4.54B — down 6% from $4.83B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new FPE positions and 40 closed out — a net gain of 19 holders — while 152 added to existing stakes and 152 trimmed.
The largest buyer was Wells Fargo, adding an estimated $36.8M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $34.9M.
- 422 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2022, up from 408 in Q4 2021.
- Funds reported $4.54B of First Trust Preferred Securities and Income ETF stock for Q1 2022, down 6% quarter-over-quarter.
- 59 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2022 and 40 closed out, a net change of +19 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q1 2022 was Wells Fargo, an estimated $36.8M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q1 2022 was Northwestern Mutual Wealth Management, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2022.