First Trust Institutional Preferred Securities and Income ETF
FPEI
44 hedge funds and large institutions have $139M invested in First Trust Institutional Preferred Securities and Income ETF in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
42% more capital invested
Capital invested by funds: $98.2M → $139M (+$40.8M)
10% more funds holding
Funds holding: 40 → 44 (+4)
6.27% more ownership
Funds ownership: 43.94% → 50.21% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$15.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.13M |
| 3 |
Morgan Stanley
New York
|
+$2.11M |
| 4 |
Jane Street
New York
|
+$965K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$884K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$631K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$499K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$431K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$339K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$126K |
FPEI Hedge Fund Activity: Q4 2019 in Review
44 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q4 2019, worth a combined $139M — up 42% from $98.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FPEI positions and 3 closed out — a net gain of 5 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Signature Estate & Investment Advisors, adding an estimated $15.6M. The largest seller was IFP Advisors, exiting entirely with an estimated $631K sold.
- 44 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q4 2019, up from 40 in Q3 2019.
- Funds reported $139M of First Trust Institutional Preferred Securities and Income ETF stock for Q4 2019, up 42% quarter-over-quarter.
- 8 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q4 2019 and 3 closed out, a net change of +5 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q4 2019 was Signature Estate & Investment Advisors, an estimated $15.6M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q4 2019 was IFP Advisors, an estimated $631K sold.
Based on aggregated 13F filings for Q4 2019.