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First Trust Institutional Preferred Securities and Income ETF

163 hedge funds and large institutions have $1.13B invested in First Trust Institutional Preferred Securities and Income ETF in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 75 increasing their positions, 50 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 50

19% more capital invested

Capital invested by funds: $947M → $1.13B (+$178M)

0.81% more ownership

Funds ownership: 73.73%74.53% (+0.81%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

2% less funds holding

Funds holding: 166163 (-3)

Holders
163
Holders Change
-3
Holders Change %
-1.81%
% of All Funds
2.34%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
14
Increased
75
Reduced
50
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JWCA
51
J.W. Cole Advisors
Florida
$1.98M +$458K +24,555 +31%
FAIM
52
Financial Advocates Investment Management
Washington
$1.95M -$282K -15,127 -13%
Janney Montgomery Scott
53
Janney Montgomery Scott
Pennsylvania
$1.87M -$284K -15,192 -13%
Focus Partners Wealth
54
Focus Partners Wealth
Massachusetts
$1.69M +$551K +29,516 New
PTP
55
Platform Technology Partners
New York
$1.66M -$56.5K -3,026 -3%
WWM
56
Western Wealth Management
Colorado
$1.62M +$752K +40,283 +90%
WAM
57
Walker Asset Management
Missouri
$1.57M -$139K -7,465 -8%
EWM
58
Empirical Wealth Management
Washington
$1.53M -$28.9K -1,550 -2%
PGAM
59
Princeton Global Asset Management
New Jersey
$1.49M +$3.14K +168 +0.2%
Jane Street
60
Jane Street
New York
$1.47M +$1.44M +76,998 New
WAP
61
Wealthcare Advisory Partners
Pennsylvania
$1.45M -$226K -12,129 -14%
SPIA
62
Steward Partners Investment Advisory
New York
$1.43M +$61.1K +3,274 +5%
SPC
63
Sigma Planning Corp
Michigan
$1.42M -$10.2K -544 -0.7%
Comerica Bank
64
Comerica Bank
Texas
$1.41M +$335K +17,933 +32%
First Trust Advisors
65
First Trust Advisors
Illinois
$1.41M +$28K +1,501 +2%
LWM
66
Lakeridge Wealth Management
Ohio
$1.37M -$5.19K -278 -0.4%
FIM
67
FWL Investment Management
Texas
$1.36M +$1.29M +69,196 +2,951%
NFG
68
Nations Financial Group
Iowa
$1.36M -$60.3K -3,230 -4%
PAS
69
Park Avenue Securities
New York
$1.25M +$256K +13,720 +26%
UCMOK
70
United Capital Management of KS
Kansas
$1.12M -$83.1K -4,452 -7%
SWP
71
Stratos Wealth Partners
Ohio
$1.07M +$123K +6,581 +13%
TPWA
72
Twin Peaks Wealth Advisors
California
$1.02M -$143K -7,642 -13%
GIA
73
Gladstone Institutional Advisory
Florida
$1.02M -$1.44K -77 -0.1%
ATPW
74
Ashton Thomas Private Wealth
Arizona
$1.01M +$60.9K +3,263 +7%
Cambridge Investment Research Advisors
75
Cambridge Investment Research Advisors
Iowa
$994K +$12K +641 +1%

FPEI Hedge Fund Activity: Q3 2024 in Review

163 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q3 2024, worth a combined $1.13B — up 19% from $947M a quarter earlier.

Fund positioning in FPEI was balanced in Q3 2024: 14 funds opened new positions, 14 closed out, 75 added to existing stakes and 50 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $62.9M. The largest seller was Gunn & Company Investment Management, cutting an estimated $37.2M.

  • 163 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q3 2024, down from 166 in Q2 2024.
  • Funds reported $1.13B of First Trust Institutional Preferred Securities and Income ETF stock for Q3 2024, up 19% quarter-over-quarter.
  • 14 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q3 2024 and 14 closed out, a net change of 0 holders.
  • The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q3 2024 was Morgan Stanley, an estimated $62.9M added.
  • The largest First Trust Institutional Preferred Securities and Income ETF seller in Q3 2024 was Gunn & Company Investment Management, an estimated $37.2M sold.

Based on aggregated 13F filings for Q3 2024.