First Trust Institutional Preferred Securities and Income ETF
FPEI
46 hedge funds and large institutions have $135M invested in First Trust Institutional Preferred Securities and Income ETF in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 5 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 44 → 46 (+2)
0.59% more ownership
Funds ownership: 50.21% → 50.8% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $139M → $135M (-$4.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$7.68M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.59M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.88M |
| 4 |
Morgan Stanley
New York
|
+$1.6M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$1.62M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.52M |
| 3 |
Jane Street
New York
|
-$890K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$537K |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$508K |
FPEI Hedge Fund Activity: Q1 2020 in Review
46 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q1 2020, worth a combined $135M — down 3.1% from $139M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FPEI positions and 5 closed out — a net gain of 4 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Signature Estate & Investment Advisors, adding an estimated $7.68M. The largest seller was Merit Financial Group, exiting entirely with an estimated $1.62M sold.
- 46 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q1 2020, up from 44 in Q4 2019.
- Funds reported $135M of First Trust Institutional Preferred Securities and Income ETF stock for Q1 2020, down 3.1% quarter-over-quarter.
- 9 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q1 2020 and 5 closed out, a net change of +4 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q1 2020 was Signature Estate & Investment Advisors, an estimated $7.68M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q1 2020 was Merit Financial Group, an estimated $1.62M sold.
Based on aggregated 13F filings for Q1 2020.