First Trust Institutional Preferred Securities and Income ETF
FPEI
16 hedge funds and large institutions have $30.9M invested in First Trust Institutional Preferred Securities and Income ETF in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
205% more capital invested
Capital invested by funds: $10.1M → $30.9M (+$20.8M)
129% more funds holding
Funds holding: 7 → 16 (+9)
49.33% more ownership
Funds ownership: 25.51% → 74.85% (+49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.55M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.67M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$5.59M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$3.63M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.74M |
| 2 |
VF
Virtu Financial
New York
|
-$114K |
FPEI Hedge Fund Activity: Q4 2017 in Review
16 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q4 2017, worth a combined $30.9M — up 205% from $10.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FPEI positions and 1 closed out — a net gain of 9 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $6.55M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.74M sold.
- 16 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q4 2017, up from 7 in Q3 2017.
- Funds reported $30.9M of First Trust Institutional Preferred Securities and Income ETF stock for Q4 2017, up 205% quarter-over-quarter.
- 10 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q4 2017 and 1 closed out, a net change of +9 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q4 2017 was Raymond James Financial Services Advisors, an estimated $6.55M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q4 2017 was Goldman Sachs, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2017.