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First Trust Preferred Securities and Income ETF

128 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 31 funds opening new positions, 74 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

957% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 7

288% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 8

30% more capital invested

Capital invested by funds: $871M → $1.13B (+$258M)

20% more funds holding

Funds holding: 107128 (+21)

1.28% more ownership

Funds ownership: 47.92%49.2% (+1.3%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
128
Holders Change
+21
Holders Change %
+19.63%
% of All Funds
3.19%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.15%
New
31
Increased
74
Reduced
7
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$373M +$36.7M +1,852,192 +11%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$120M +$16M +807,812 +16%
UBS Group
3
UBS Group
Switzerland
$101M +$8.81M +444,523 +10%
Bank of America
4
Bank of America
North Carolina
$70.9M +$17.6M +888,437 +33%
LPL Financial
5
LPL Financial
California
$48.3M +$4.51M +227,513 +10%
MMA
6
Miracle Mile Advisors
California
$41.8M +$145K +7,325 +0.4%
ACM
7
Aviance Capital Management
Florida
$27M +$17.4M +879,913 +188%
HighTower Advisors
8
HighTower Advisors
Illinois
$20.9M +$1.21M +61,051 +6%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$19.4M +$19.2M +968,132 New
RJA
10
Raymond James & Associates
Florida
$17.9M +$5.21M +263,003 +42%
BFG
11
Beacon Financial Group
Texas
$17.6M +$747K +37,730 +4%
First Trust Advisors
12
First Trust Advisors
Illinois
$17M +$8.02M +404,671 +91%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$15.8M +$837K +42,248 +6%
PCM
14
Price Capital Management
Louisiana
$15.7M +$15.5M +784,400 New
TNBTD
15
Trustmark National Bank Trust Department
Mississippi
$14.9M +$14.7M +744,109 New
BCM
16
Brookstone Capital Management
Illinois
$14.1M +$13.9M +703,623 New
CS
17
Credit Suisse
Switzerland
$10.9M +$10.8M +546,030 New
BTS
18
BB&T Securities
Virginia
$10.3M +$9.6M +484,670 +1,716%
GI
19
Gradient Investments
Minnesota
$7.73M +$7.65M +386,409 New
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$7.32M +$401K +20,242 +6%
Stifel Financial
21
Stifel Financial
Missouri
$6.62M +$1.63M +82,524 +33%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$6.33M +$2.25M +113,658 +56%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$5.82M +$498K +25,159 +9%
AG
24
Advisor Group
Arizona
$5.8M +$1.21M +61,143 +27%
FAAS
25
First Allied Advisory Services
California
$5.61M +$1.57M +79,254 +39%