First Trust Preferred Securities and Income ETF
444 hedge funds and large institutions have $4B invested in First Trust Preferred Securities and Income ETF in 2025 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 176 increasing their positions, 153 reducing their positions, and 40 closing their positions.
20% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 40
15% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 153
2.77% more ownership
Funds ownership: 66.11% → 68.88% (+2.8%)
4% more capital invested
Capital invested by funds: $3.83B → $4B (+$164M)
0% more funds holding
Funds holding: 442 → 444 (+2)
20% less funds holding in top 10
Funds holding in top 10: 20 → 16 (-4)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $192K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$81M |
| 2 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$60.6M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$33.6M |
| 4 |
Jane Street
New York
|
+$19.9M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.1M |
| 2 |
LPL Financial
San Diego,
California
|
-$8.97M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.53M |
| 4 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$6.08M |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
-$6.05M |
FPE Hedge Fund Activity: Q2 2025 in Review
444 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2025, worth a combined $4B — up 4.3% from $3.83B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new FPE positions and 40 closed out — a net gain of 8 holders — while 176 added to existing stakes and 153 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $81M. The largest seller was Morgan Stanley, cutting an estimated $15.1M.
- 444 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2025, up from 442 in Q1 2025.
- Funds reported $4B of First Trust Preferred Securities and Income ETF stock for Q2 2025, up 4.3% quarter-over-quarter.
- 48 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2025 and 40 closed out, a net change of +8 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2025 was Royal Bank of Canada, an estimated $81M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2025 was Morgan Stanley, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2025.