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First Trust Preferred Securities and Income ETF

432 hedge funds and large institutions have $4.23B invested in First Trust Preferred Securities and Income ETF in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 193 increasing their positions, 139 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,229% more call options, than puts

Call options by funds: $186K | Put options by funds: $14K

39% more repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 139

6% more capital invested

Capital invested by funds: $4B → $4.23B (+$233M)

0.83% less ownership

Funds ownership: 68.88%68.06% (-0.83%)

7% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 41

3% less funds holding

Funds holding: 444432 (-12)

6% less funds holding in top 10

Funds holding in top 10: 1615 (-1)

Holders
432
Holders Change
-12
Holders Change %
-2.7%
% of All Funds
5.67%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.2%
New
38
Increased
193
Reduced
139
Closed
41
Calls
$186K
Puts
$14K
Net Calls
+$172K
Net Calls Change
+$364K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$951M +$13M +718,729 +1%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$460M +$59.5M +3,292,408 +15%
Wells Fargo
3
Wells Fargo
California
$279M +$11.9M +660,561 +5%
LPL Financial
4
LPL Financial
California
$259M +$6.06M +335,384 +2%
UBS Group
5
UBS Group
Switzerland
$181M -$5.62M -311,209 -3%
Raymond James Financial
6
Raymond James Financial
Florida
$162M +$2.62M +144,985 +2%
Bank of America
7
Bank of America
North Carolina
$139M +$6.88M +381,048 +5%
Ameriprise
8
Ameriprise
Minnesota
$82.8M +$18.8M +1,041,910 +30%
AAP
9
Arax Advisory Partners
Colorado
$73.2M +$31.9M +1,768,759 +88%
HighTower Advisors
10
HighTower Advisors
Illinois
$59.5M +$6.61M +365,898 +13%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$43.5M +$14.9M +827,726 +53%
KAS
12
Kestra Advisory Services
Texas
$40.8M -$4.15M -229,938 -9%
Stifel Financial
13
Stifel Financial
Missouri
$40.1M +$364K +20,138 +0.9%
AA
14
Advisory Alpha
Michigan
$40M +$1.65M +91,129 +4%
PNC
15
Park National Corp
Ohio
$39.5M -$309K -17,120 -0.8%
IWA
16
Integrity Wealth Advisors
California
$38.4M +$17.7M +978,046 +85%
Osaic Holdings
17
Osaic Holdings
Arizona
$37.8M -$360K -19,943 -0.9%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$37.1M -$426K -23,619 -1%
Rockefeller Capital Management
19
Rockefeller Capital Management
New York
$36.7M +$505K +27,948 +1%
MCM
20
MAI Capital Management
Ohio
$32.4M +$2.39M +132,559 +8%
MFG
21
Magnus Financial Group
New York
$32.1M +$1.2M +66,426 +4%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$31.7M +$101K +5,587 +0.3%
PFS
23
Prospera Financial Services
Texas
$28.4M +$374K +20,719 +1%
AWM
24
Affinity Wealth Management
Delaware
$26M +$213K +11,823 +0.8%
CTB
25
Country Trust Bank
Illinois
$25.3M +$219K +12,126 +0.9%

FPE Hedge Fund Activity: Q3 2025 in Review

432 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2025, worth a combined $4.23B — up 5.8% from $4B a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of FPE and 38 opened new positions — a net loss of 3 holders — while 139 trimmed existing stakes and 193 added.

The largest buyer was Royal Bank of Canada, adding an estimated $59.5M. The largest seller was Gallagher Fiduciary Advisors, cutting an estimated $65.4M.

  • 432 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2025, down from 444 in Q2 2025.
  • Funds reported $4.23B of First Trust Preferred Securities and Income ETF stock for Q3 2025, up 5.8% quarter-over-quarter.
  • 38 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2025 and 41 closed out, a net change of -3 holders.
  • The largest First Trust Preferred Securities and Income ETF buyer in Q3 2025 was Royal Bank of Canada, an estimated $59.5M added.
  • The largest First Trust Preferred Securities and Income ETF seller in Q3 2025 was Gallagher Fiduciary Advisors, an estimated $65.4M sold.

Based on aggregated 13F filings for Q3 2025.