First Trust Institutional Preferred Securities and Income ETF
FPEI
35 hedge funds and large institutions have $70.8M invested in First Trust Institutional Preferred Securities and Income ETF in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
62% more capital invested
Capital invested by funds: $43.8M → $70.8M (+$27M)
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
17% more funds holding
Funds holding: 30 → 35 (+5)
10.26% more ownership
Funds ownership: 37.36% → 47.63% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$5.63M |
| 2 |
Jane Street
New York
|
+$4.7M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$4.7M |
| 4 |
Morgan Stanley
New York
|
+$3.83M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$783K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$266K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$186K |
| 4 |
BWL
Bogart Wealth LLC
Mclean,
Virginia
|
-$51.6K |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$45.7K |
FPEI Hedge Fund Activity: Q1 2019 in Review
35 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q1 2019, worth a combined $70.8M — up 62% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FPEI positions and 4 closed out — a net gain of 5 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Signature Estate & Investment Advisors, opening a new position worth an estimated $5.63M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $783K.
- 35 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q1 2019, up from 30 in Q4 2018.
- Funds reported $70.8M of First Trust Institutional Preferred Securities and Income ETF stock for Q1 2019, up 62% quarter-over-quarter.
- 9 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q1 2019 and 4 closed out, a net change of +5 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q1 2019 was Signature Estate & Investment Advisors, an estimated $5.63M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q1 2019 was Raymond James Financial Services Advisors, an estimated $783K sold.
Based on aggregated 13F filings for Q1 2019.