First Trust Preferred Securities and Income ETF
355 hedge funds and large institutions have $4.12B invested in First Trust Preferred Securities and Income ETF in 2021 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 191 increasing their positions, 70 reducing their positions, and 27 closing their positions.
404% more capital inflows, than outflows
Capital inflows: $618M | Capital outflows: $123M
173% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 70
89% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 27
20% more funds holding in top 10
Funds holding in top 10: 30 → 36 (+6)
7% more funds holding
Funds holding: 333 → 355 (+22)
1.51% more ownership
Funds ownership: 57.17% → 58.68% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$61.9M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$46.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$40.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$39.7M |
| 5 |
LPL Financial
San Diego,
California
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$37.1M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$26.4M |
| 3 |
KCM
Karp Capital Management
Sausalito,
California
|
-$13.1M |
| 4 |
NDSI
Newman Dignan & Sheerar Inc
Providence,
Rhode Island
|
-$6.21M |
| 5 |
TC
Trilogy Capital
Irvine,
California
|
-$5.48M |
FPE Hedge Fund Activity: Q2 2021 in Review
355 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2021, worth a combined $4.12B — up 16% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FPE positions and 27 closed out — a net gain of 24 holders — while 191 added to existing stakes and 70 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $61.9M. The largest seller was HighTower Advisors, exiting entirely with an estimated $37.1M sold.
- 355 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2021, up from 333 in Q1 2021.
- Funds reported $4.12B of First Trust Preferred Securities and Income ETF stock for Q2 2021, up 16% quarter-over-quarter.
- 51 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2021 and 27 closed out, a net change of +24 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2021 was Morgan Stanley, an estimated $61.9M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2021 was HighTower Advisors, an estimated $37.1M sold.
Based on aggregated 13F filings for Q2 2021.