First Trust Preferred Securities and Income ETF
463 hedge funds and large institutions have $4.29B invested in First Trust Preferred Securities and Income ETF in 2026 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 198 increasing their positions, 141 reducing their positions, and 45 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 141
18% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 45
2% more capital invested
Capital invested by funds: $4.2B → $4.29B (+$89.4M)
0.27% less ownership
Funds ownership: 68.04% → 67.77% (-0.27%)
0% less funds holding
Funds holding: 465 → 463 (-2)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$23.5M |
| 2 |
Morgan Stanley
New York
|
+$14.3M |
| 3 |
APFP
Action Point Financial Planning
Grand Rapids,
Michigan
|
+$14.2M |
| 4 |
LPL Financial
San Diego,
California
|
+$12.1M |
| 5 |
NRI
NFP Retirement Inc
Aliso Viejo,
California
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$66.5M |
| 2 |
Jane Street
New York
|
-$31.8M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$8.06M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$7.6M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$7.46M |
FPE Hedge Fund Activity: Q2 2026 in Review
463 of the 8,298 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q2 2026, worth a combined $4.29B — up 2.1% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new FPE positions and 45 closed out — a net gain of 8 holders — while 198 added to existing stakes and 141 trimmed.
The largest buyer was Wells Fargo, adding an estimated $23.5M. The largest seller was Gallagher Fiduciary Advisors, cutting an estimated $66.5M.
- 463 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q2 2026, down from 465 in Q1 2026.
- Funds reported $4.29B of First Trust Preferred Securities and Income ETF stock for Q2 2026, up 2.1% quarter-over-quarter.
- 53 funds opened new First Trust Preferred Securities and Income ETF positions in Q2 2026 and 45 closed out, a net change of +8 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q2 2026 was Wells Fargo, an estimated $23.5M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q2 2026 was Gallagher Fiduciary Advisors, an estimated $66.5M sold.
Based on aggregated 13F filings for Q2 2026.