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First Trust Preferred Securities and Income ETF

404 hedge funds and large institutions have $4.13B invested in First Trust Preferred Securities and Income ETF in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 127 increasing their positions, 173 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 36

34% more capital invested

Capital invested by funds: $3.08B → $4.13B (+$1.05B)

18.25% more ownership

Funds ownership: 59.91%78.16% (+18%)

4% more funds holding

Funds holding: 387404 (+17)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

27% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 173

37% less call options, than puts

Call options by funds: $266K | Put options by funds: $422K

Holders
404
Holders Change
+17
Holders Change %
+4.39%
% of All Funds
5.89%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
57
Increased
127
Reduced
173
Closed
36
Calls
$266K
Puts
$422K
Net Calls
-$156K
Net Calls Change
-$269K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.59B +$691M +42,830,902 +83%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$319M -$19.4M -1,202,342 -6%
Wells Fargo
3
Wells Fargo
California
$179M +$686K +42,501 +0.4%
LPL Financial
4
LPL Financial
California
$171M -$9.75M -604,245 -6%
UBS Group
5
UBS Group
Switzerland
$165M -$1.74M -107,881 -1%
Bank of America
6
Bank of America
North Carolina
$126M +$15.4M +952,195 +15%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$84.3M -$5.26M -326,141 -6%
Jane Street
8
Jane Street
New York
$83.2M +$67.1M +4,158,608 +534%
PNC
9
Park National Corp
Ohio
$55.6M -$7.34M -454,960 -12%
RJA
10
Raymond James & Associates
Florida
$52.3M +$2.73M +169,272 +6%
OMC
11
Old Mission Capital
Illinois
$47.8M +$45.6M +2,824,895 +26,693%
Stifel Financial
12
Stifel Financial
Missouri
$40.5M -$272K -16,846 -0.7%
Renaissance Technologies
13
Renaissance Technologies
New York
$36.1M +$28.4M +1,757,405 +459%
HighTower Advisors
14
HighTower Advisors
Illinois
$35.3M -$7.83M -485,094 -19%
KAS
15
Kestra Advisory Services
Texas
$34.3M +$498K +30,872 +2%
SA
16
Stonebridge Advisors
Connecticut
$33.2M +$31.6M +1,957,729 +13,610%
Osaic Holdings
17
Osaic Holdings
Arizona
$31.1M -$19.8M -1,227,783 -40%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$28.9M -$3.16M -196,071 -10%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$25.9M -$1.64M -101,859 -6%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$24.8M +$2.84M +176,155 +14%
Rockefeller Capital Management
21
Rockefeller Capital Management
New York
$24.7M -$609K -37,755 -3%
CTB
22
Country Trust Bank
Illinois
$24.2M -$6.68M -414,358 -22%
AAP
23
Arax Advisory Partners
Colorado
$23.3M +$2.53M +156,873 +13%
MFG
24
Magnus Financial Group
New York
$23.1M +$3.12M +193,706 +16%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$21M +$584K +36,186 +3%