First Trust Institutional Preferred Securities and Income ETF
FPEI
21 hedge funds and large institutions have $36.5M invested in First Trust Institutional Preferred Securities and Income ETF in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 0 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
31% more funds holding
Funds holding: 16 → 21 (+5)
18% more capital invested
Capital invested by funds: $30.9M → $36.5M (+$5.59M)
33.59% less ownership
Funds ownership: 74.85% → 41.26% (-34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.66M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.19M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.06M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$925K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$5.53M |
| 2 |
FLI
Family Legacy Inc
Greenville,
South Carolina
|
-$1.57M |
| 3 |
VF
Virtu Financial
New York
|
-$222K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$4K |
FPEI Hedge Fund Activity: Q1 2018 in Review
21 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q1 2018, worth a combined $36.5M — up 18% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FPEI positions and 4 closed out — a net gain of 5 holders — while 10 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.66M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $5.53M sold.
- 21 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q1 2018, up from 16 in Q4 2017.
- Funds reported $36.5M of First Trust Institutional Preferred Securities and Income ETF stock for Q1 2018, up 18% quarter-over-quarter.
- 9 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q1 2018 and 4 closed out, a net change of +5 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q1 2018 was Jane Street, an estimated $1.66M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q1 2018 was Phocas Financial Corp, an estimated $5.53M sold.
Based on aggregated 13F filings for Q1 2018.