First Trust Preferred Securities and Income ETF
FPE
424 hedge funds and large institutions have $3.48B invested in First Trust Preferred Securities and Income ETF in 2022 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 119 increasing their positions, 190 reducing their positions, and 42 closing their positions.
71% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 42
6% more funds holding
Funds holding: 401 → 424 (+23)
0.55% more ownership
Funds ownership: 59.65% → 60.2% (+0.55%)
6% less capital invested
Capital invested by funds: $3.72B → $3.48B (-$237M)
24% less funds holding in top 10
Funds holding in top 10: 29 → 22 (-7)
37% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 190
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$89.3M |
| 2 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
+$42.7M |
| 3 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$5.11M |
| 4 |
FZCM
Flynn Zito Capital Management
Garden City,
New York
|
+$4.33M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$86.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$63.1M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$31.3M |
| 4 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$29.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25M |
FPE Hedge Fund Activity: Q4 2022 in Review
424 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2022, worth a combined $3.48B — down 6.4% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new FPE positions and 42 closed out — a net gain of 30 holders — while 119 added to existing stakes and 190 trimmed.
The largest buyer was Jane Street, adding an estimated $89.3M. The largest seller was Morgan Stanley, cutting an estimated $86.1M.
- 424 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2022, up from 401 in Q3 2022.
- Funds reported $3.48B of First Trust Preferred Securities and Income ETF stock for Q4 2022, down 6.4% quarter-over-quarter.
- 72 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2022 and 42 closed out, a net change of +30 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q4 2022 was Jane Street, an estimated $89.3M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q4 2022 was Morgan Stanley, an estimated $86.1M sold.
Based on aggregated 13F filings for Q4 2022.