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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
UB
201
UMB Bank
Missouri
$732K
GRP
202
Global Retirement Partners
California
$719K -$87.1K -5,481 -11%
LFAS
203
Level Four Advisory Services
Texas
$713K -$4.05M -254,777 -85%
RFWA
204
RPg Family Wealth Advisory
Massachusetts
$709K +$153K +9,628 +28%
WSWA
205
Warren Street Wealth Advisors
California
$689K +$445K +27,964 New
BCP
206
Blackhawk Capital Partners
Wisconsin
$681K +$677K +42,618 New
BCI
207
Brinker Capital Investments
Pennsylvania
$677K +$2.34K +147 +0.3%
OPS
208
Orion Portfolio Solutions
Nebraska
$677K +$2.34K +147 +0.3%
AAMA
209
Advanced Asset Management Advisors
Ohio
$661K -$73.1K -4,600 -10%
IFG
210
Independent Financial Group
California
$655K -$27.4K -1,722 -4%
IPW
211
Invictus Private Wealth
Colorado
$644K -$3.13M -196,642 -83%
MA
212
Mutual Advisors
Nebraska
$642K -$201K -12,669 -24%
FIA
213
Foundations Investment Advisors
Arizona
$638K +$635K +39,940 New
ACA
214
Aptus Capital Advisors
Alabama
$636K +$194K +12,185 +44%
KIA
215
Kraematon Investment Advisors
Massachusetts
$628K +$80.6K +5,072 +15%
SB
216
Strategic Blueprint
Georgia
$611K -$156K -9,828 -20%
OL
217
Owen LaRue
Kentucky
$602K -$104K -6,563 -15%
OIM
218
Oder Investment Management
California
$600K -$27.3K -1,719 -4%
SWM
219
Stockman Wealth Management
Montana
$598K -$15.8K -994 -3%
NW
220
NewEdge Wealth
Pennsylvania
$594K +$591K +37,201 New
MA
221
MJP Associates
Connecticut
$581K -$20.4K -1,283 -3%
AF
222
Allworth Financial
California
$568K -$38.2K -2,405 -6%
MFG
223
Merit Financial Group
Georgia
$551K +$303K +19,047 +123%
AFA
224
American Financial Advisors
Georgia
$548K -$64.1K -4,034 -11%
MPCG
225
Matrix Private Capital Group
New York
$541K +$79.5K +5,000 +17%

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.