First Trust Preferred Securities and Income ETF
FPE
465 hedge funds and large institutions have $4.2B invested in First Trust Preferred Securities and Income ETF in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 191 increasing their positions, 148 reducing their positions, and 47 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 148
17% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 47
0% more funds holding
Funds holding: 465 → 465 (0)
0.97% less ownership
Funds ownership: 67.9% → 66.93% (-0.97%)
2% less capital invested
Capital invested by funds: $4.29B → $4.2B (-$93.9M)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$32.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$19.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$18.5M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$12.3M |
| 5 |
PI
Parkside Investments
Deerfield,
Illinois
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$72.4M |
| 2 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
-$40.2M |
| 3 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$23.1M |
| 4 |
NRI
NFP Retirement Inc
Aliso Viejo,
California
|
-$12M |
| 5 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
-$9.3M |
FPE Hedge Fund Activity: Q1 2026 in Review
465 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q1 2026, worth a combined $4.2B — down 2.2% from $4.29B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new FPE positions and 47 closed out — a net gain of 8 holders — while 191 added to existing stakes and 148 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $32.6M. The largest seller was Royal Bank of Canada, cutting an estimated $72.4M.
- 465 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $4.2B of First Trust Preferred Securities and Income ETF stock for Q1 2026, down 2.2% quarter-over-quarter.
- 55 funds opened new First Trust Preferred Securities and Income ETF positions in Q1 2026 and 47 closed out, a net change of +8 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q1 2026 was Jane Street, an estimated $32.6M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q1 2026 was Royal Bank of Canada, an estimated $72.4M sold.
Based on aggregated 13F filings for Q1 2026.