First Trust Institutional Preferred Securities and Income ETF
FPEI
24 hedge funds and large institutions have $37.2M invested in First Trust Institutional Preferred Securities and Income ETF in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
14% more funds holding
Funds holding: 21 → 24 (+3)
2% more capital invested
Capital invested by funds: $36.5M → $37.2M (+$734K)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
3.2% less ownership
Funds ownership: 41.26% → 38.06% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.49M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.07M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$760K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$3.15M |
| 2 |
Jane Street
New York
|
-$1.62M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$743K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$501K |
| 5 |
LPL Financial
San Diego,
California
|
-$243K |
FPEI Hedge Fund Activity: Q2 2018 in Review
24 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q2 2018, worth a combined $37.2M — up 2% from $36.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FPEI positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $3.49M. The largest seller was Aviance Capital Management, cutting an estimated $3.15M.
- 24 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q2 2018, up from 21 in Q1 2018.
- Funds reported $37.2M of First Trust Institutional Preferred Securities and Income ETF stock for Q2 2018, up 2% quarter-over-quarter.
- 5 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q2 2018 and 2 closed out, a net change of +3 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q2 2018 was First Trust Advisors, an estimated $3.49M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q2 2018 was Aviance Capital Management, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2018.