First Trust Preferred Securities and Income ETF
FPE
465 hedge funds and large institutions have $4.29B invested in First Trust Preferred Securities and Income ETF in 2025 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 192 increasing their positions, 140 reducing their positions, and 36 closing their positions.
108% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 36
37% more repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 140
8% more funds holding
Funds holding: 432 → 465 (+33)
1% more capital invested
Capital invested by funds: $4.23B → $4.29B (+$63.1M)
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
0.15% less ownership
Funds ownership: 68.06% → 67.9% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$48.2M |
| 2 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
+$40.3M |
| 3 |
Morgan Stanley
New York
|
+$20.3M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$11.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$31M |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$30M |
| 3 |
IWA
Integrity Wealth Advisors
Ventura,
California
|
-$26.9M |
| 4 |
Renaissance Technologies
New York
|
-$16.4M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$16M |
FPE Hedge Fund Activity: Q4 2025 in Review
465 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q4 2025, worth a combined $4.29B — up 1.5% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FPE positions and 36 closed out — a net gain of 39 holders — while 192 added to existing stakes and 140 trimmed.
The largest buyer was LPL Financial, adding an estimated $48.2M. The largest seller was Royal Bank of Canada, cutting an estimated $31M.
- 465 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q4 2025, up from 432 in Q3 2025.
- Funds reported $4.29B of First Trust Preferred Securities and Income ETF stock for Q4 2025, up 1.5% quarter-over-quarter.
- 75 funds opened new First Trust Preferred Securities and Income ETF positions in Q4 2025 and 36 closed out, a net change of +39 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q4 2025 was LPL Financial, an estimated $48.2M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q4 2025 was Royal Bank of Canada, an estimated $31M sold.
Based on aggregated 13F filings for Q4 2025.