First Trust Preferred Securities and Income ETF
FPE
130 hedge funds and large institutions have $1.13B invested in First Trust Preferred Securities and Income ETF in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 75 increasing their positions, 7 reducing their positions, and 8 closing their positions.
971% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 7
300% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 8
30% more capital invested
Capital invested by funds: $872M → $1.13B (+$258M)
20% more funds holding
Funds holding: 108 → 130 (+22)
1.27% more ownership
Funds ownership: 47.98% → 49.25% (+1.3%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.7M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$19.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.6M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$17.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$13.7M |
| 2 |
Jane Street
New York
|
-$3.61M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$796K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$588K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$485K |
FPE Hedge Fund Activity: Q2 2017 in Review
130 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2017, worth a combined $1.13B — up 30% from $872M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FPE positions and 8 closed out — a net gain of 24 holders — while 75 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.7M. The largest seller was Jaffetilchin Investment Partners, exiting entirely with an estimated $13.7M sold.
- 130 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2017, up from 108 in Q1 2017.
- Funds reported $1.13B of First Trust Preferred Securities and Income ETF stock for Q2 2017, up 30% quarter-over-quarter.
- 32 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2017 and 8 closed out, a net change of +24 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2017 was Morgan Stanley, an estimated $36.7M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2017 was Jaffetilchin Investment Partners, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2017.