First Trust Preferred Securities and Income ETF
289 hedge funds and large institutions have $2.83B invested in First Trust Preferred Securities and Income ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 127 increasing their positions, 91 reducing their positions, and 44 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 91
9% more capital invested
Capital invested by funds: $2.59B → $2.83B (+$240M)
1.66% more ownership
Funds ownership: 51.51% → 53.18% (+1.7%)
5% less funds holding in top 10
Funds holding in top 10: 21 → 20 (-1)
5% less funds holding
Funds holding: 305 → 289 (-16)
32% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 44
Top Buyers
Top Sellers
FPE Hedge Fund Activity: Q3 2020 in Review
289 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2020, worth a combined $2.83B — up 9.3% from $2.59B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of FPE and 30 opened new positions — a net loss of 14 holders — while 91 trimmed existing stakes and 127 added.
The largest buyer was Eaton Vance Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $9.75M.
- 289 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2020, down from 305 in Q2 2020.
- Funds reported $2.83B of First Trust Preferred Securities and Income ETF stock for Q3 2020, up 9.3% quarter-over-quarter.
- 30 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2020 and 44 closed out, a net change of -14 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q3 2020 was Eaton Vance Management, an estimated $16M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q3 2020 was UBS Group, an estimated $9.75M sold.
Based on aggregated 13F filings for Q3 2020.