First Trust Preferred Securities and Income ETF
401 hedge funds and large institutions have $3.72B invested in First Trust Preferred Securities and Income ETF in 2022 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 142 increasing their positions, 151 reducing their positions, and 39 closing their positions.
4% more funds holding in top 10
Funds holding in top 10: 28 → 29 (+1)
1.52% more ownership
Funds ownership: 58.13% → 59.65% (+1.5%)
0% more capital invested
Capital invested by funds: $3.71B → $3.72B (+$8.13M)
0% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 39
6% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 151
1% less funds holding
Funds holding: 406 → 401 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$66.6M |
| 2 |
Jane Street
New York
|
+$29.7M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$23.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.3M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$24.6M |
| 2 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
-$19.7M |
| 3 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$19.6M |
| 4 |
Morgan Stanley
New York
|
-$17.2M |
| 5 |
SWM
Southern Wealth Management
Dallas,
Texas
|
-$16.9M |
FPE Hedge Fund Activity: Q3 2022 in Review
401 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2022, worth a combined $3.72B — up 0.22% from $3.71B a quarter earlier.
Fund positioning in FPE was balanced in Q3 2022: 39 funds opened new positions, 39 closed out, 142 added to existing stakes and 151 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $66.6M. The largest seller was Bank of America, cutting an estimated $24.6M.
- 401 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2022, down from 406 in Q2 2022.
- Funds reported $3.72B of First Trust Preferred Securities and Income ETF stock for Q3 2022, up 0.22% quarter-over-quarter.
- 39 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2022 and 39 closed out, a net change of 0 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q3 2022 was Royal Bank of Canada, an estimated $66.6M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q3 2022 was Bank of America, an estimated $24.6M sold.
Based on aggregated 13F filings for Q3 2022.