First Trust Preferred Securities and Income ETF
408 hedge funds and large institutions have $4.83B invested in First Trust Preferred Securities and Income ETF in 2021 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 192 increasing their positions, 94 reducing their positions, and 27 closing their positions.
196% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 27
104% more repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 94
12% more funds holding
Funds holding: 363 → 408 (+45)
8% more capital invested
Capital invested by funds: $4.47B → $4.83B (+$357M)
1.73% more ownership
Funds ownership: 58.64% → 60.37% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 37 → 37 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$72.1M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$59.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$38M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$24.7M |
| 5 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Grimes & Company
Westborough,
Massachusetts
|
-$122M |
| 2 |
Barclays
London,
United Kingdom
|
-$15.6M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$11.8M |
| 4 |
PFA
Peak Financial Advisors
Denver,
Colorado
|
-$9.15M |
| 5 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$3.76M |
FPE Hedge Fund Activity: Q4 2021 in Review
408 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2021, worth a combined $4.83B — up 8% from $4.47B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new FPE positions and 27 closed out — a net gain of 53 holders — while 192 added to existing stakes and 94 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $72.1M. The largest seller was Grimes & Company, exiting entirely with an estimated $122M sold.
- 408 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2021, up from 363 in Q3 2021.
- Funds reported $4.83B of First Trust Preferred Securities and Income ETF stock for Q4 2021, up 8% quarter-over-quarter.
- 80 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2021 and 27 closed out, a net change of +53 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q4 2021 was Morgan Stanley, an estimated $72.1M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q4 2021 was Grimes & Company, an estimated $122M sold.
Based on aggregated 13F filings for Q4 2021.