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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.

New
Increased
Maintained
Reduced
Closed

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: 363408 (+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: 3737 (0)

Holders
408
Holders Change
+45
Holders Change %
+12.4%
% of All Funds
6.28%
Holding in Top 10
37
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.57%
New
80
Increased
192
Reduced
94
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.2B +$72.1M +3,537,120 +6%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$381M +$11.7M +573,187 +3%
UBS Group
3
UBS Group
Switzerland
$305M +$24.7M +1,210,516 +9%
LPL Financial
4
LPL Financial
California
$209M +$18.8M +923,925 +10%
Bank of America
5
Bank of America
North Carolina
$177M +$15.5M +760,174 +10%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$157M +$8.66M +424,999 +6%
Wells Fargo
7
Wells Fargo
California
$122M +$38M +1,862,938 +45%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$121M +$7.69M +377,223 +7%
PNC
9
Park National Corp
Ohio
$89.3M +$6.38M +313,247 +8%
Wealth Enhancement Advisory Services
10
Wealth Enhancement Advisory Services
Minnesota
$80.6M +$7.37M +361,842 +10%
GI
11
Gradient Investments
Minnesota
$72.9M +$8.23M +403,808 +13%
RJA
12
Raymond James & Associates
Florida
$62.7M +$143K +7,019 +0.2%
State of Tennessee, Department of Treasury
13
State of Tennessee, Department of Treasury
Tennessee
$58.9M +$59.1M +2,898,200 New
Osaic Holdings
14
Osaic Holdings
Arizona
$57.8M +$7.54M +370,138 +15%
Truist Financial
15
Truist Financial
North Carolina
$55.8M +$1.07M +52,537 +2%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$55.1M +$8.27M +405,662 +18%
MMA
17
Miracle Mile Advisors
California
$54.4M +$6.43M +315,441 +13%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$48.7M +$2.61M +128,293 +6%
CTB
19
Country Trust Bank
Illinois
$47M +$1.58M +77,543 +3%
Stifel Financial
20
Stifel Financial
Missouri
$44.8M +$5.47M +268,209 +14%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$32.8M +$1.1M +54,080 +3%
CCA
22
Clearwater Capital Advisors
Illinois
$32.3M +$48.4K +2,373 +0.1%
FAM
23
Flaharty Asset Management
Florida
$31.8M +$2.43M +119,345 +8%
SWM
24
Southern Wealth Management
Texas
$31.2M -$552K -27,083 -2%
SA
25
Stonebridge Advisors
Connecticut
$30.2M +$30.3M +1,485,364 New

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.