First Trust Preferred Securities and Income ETF
FPE
21 hedge funds and large institutions have $24.8M invested in First Trust Preferred Securities and Income ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
22% more capital invested
Capital invested by funds: $20.3M → $24.8M (+$4.48M)
17% more funds holding
Funds holding: 18 → 21 (+3)
4.82% more ownership
Funds ownership: 37.69% → 42.51% (+4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.14M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$432K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$329K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$626K |
| 2 |
BAS
Brown Advisory Securities
Baltimore,
Maryland
|
-$193K |
| 3 |
AIM
Aspen Investment Management
Grand Rapids,
Michigan
|
-$169K |
| 4 |
Citigroup
New York
|
-$96.4K |
| 5 |
TT
Tower Trust
Fort Wayne,
Indiana
|
-$50.9K |
FPE Hedge Fund Activity: Q1 2014 in Review
21 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2014, worth a combined $24.8M — up 22% from $20.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FPE positions and 1 closed out — a net gain of 3 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.14M. The largest seller was Royal Bank of Canada, cutting an estimated $626K.
- 21 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2014, up from 18 in Q4 2013.
- Funds reported $24.8M of First Trust Preferred Securities and Income ETF stock for Q1 2014, up 22% quarter-over-quarter.
- 4 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q1 2014 was Morgan Stanley, an estimated $1.14M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q1 2014 was Royal Bank of Canada, an estimated $626K sold.
Based on aggregated 13F filings for Q1 2014.