First Trust Institutional Preferred Securities and Income ETF
FPEI
66 hedge funds and large institutions have $168M invested in First Trust Institutional Preferred Securities and Income ETF in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
22% more funds holding
Funds holding: 54 → 66 (+12)
17% more capital invested
Capital invested by funds: $143M → $168M (+$25M)
3.87% more ownership
Funds ownership: 45.14% → 49.01% (+3.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$10M |
| 2 |
Morgan Stanley
New York
|
+$9.82M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$6.64M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.04M |
| 5 |
WF
Welch & Forbes
Boston,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.19M |
| 2 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
-$1.3M |
| 3 |
PWM
Peterson Wealth Management
Sparks,
Nevada
|
-$1.28M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$796K |
| 5 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
-$591K |
FPEI Hedge Fund Activity: Q1 2021 in Review
66 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q1 2021, worth a combined $168M — up 17% from $143M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FPEI positions and 5 closed out — a net gain of 12 holders — while 30 added to existing stakes and 13 trimmed.
The largest buyer was Jaffetilchin Investment Partners, opening a new position worth an estimated $10M. The largest seller was Simplicity Solutions, exiting entirely with an estimated $2.19M sold.
- 66 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q1 2021, up from 54 in Q4 2020.
- Funds reported $168M of First Trust Institutional Preferred Securities and Income ETF stock for Q1 2021, up 17% quarter-over-quarter.
- 17 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q1 2021 and 5 closed out, a net change of +12 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q1 2021 was Jaffetilchin Investment Partners, an estimated $10M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q1 2021 was Simplicity Solutions, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2021.