First Trust Preferred Securities and Income ETF
FPE
18 hedge funds and large institutions have $20.3M invested in First Trust Preferred Securities and Income ETF in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
2.48% less ownership
Funds ownership: 40.17% → 37.69% (-2.5%)
10% less funds holding
Funds holding: 20 → 18 (-2)
23% less capital invested
Capital invested by funds: $26.5M → $20.3M (-$6.17M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$451K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$247K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$167K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$142K |
| 5 |
Citigroup
New York
|
+$83.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.68M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$557K |
| 3 |
TT
Tower Trust
Fort Wayne,
Indiana
|
-$488K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$323K |
| 5 |
AIM
Aspen Investment Management
Grand Rapids,
Michigan
|
-$184K |
FPE Hedge Fund Activity: Q4 2013 in Review
18 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2013, worth a combined $20.3M — down 23% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FPE and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was UBS, adding an estimated $451K. The largest seller was Morgan Stanley, cutting an estimated $4.68M.
- 18 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2013, down from 20 in Q3 2013.
- Funds reported $20.3M of First Trust Preferred Securities and Income ETF stock for Q4 2013, down 23% quarter-over-quarter.
- 1 fund opened new First Trust Preferred Securities and Income ETF positions in Q4 2013 and 2 closed out, a net change of -1 holder.
- The largest First Trust Preferred Securities and Income ETF buyer in Q4 2013 was UBS, an estimated $451K added.
- The largest First Trust Preferred Securities and Income ETF seller in Q4 2013 was Morgan Stanley, an estimated $4.68M sold.
Based on aggregated 13F filings for Q4 2013.