First Trust Institutional Preferred Securities and Income ETF
FPEI
69 hedge funds and large institutions have $200M invested in First Trust Institutional Preferred Securities and Income ETF in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 40 increasing their positions, 13 reducing their positions, and 5 closing their positions.
208% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 13
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $168M → $200M (+$32.3M)
5% more funds holding
Funds holding: 66 → 69 (+3)
3.79% more ownership
Funds ownership: 49.01% → 52.79% (+3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.8M |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$2.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.91M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.58M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Peterson Wealth Management
Sparks,
Nevada
|
-$1.9M |
| 2 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$738K |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
-$687K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$507K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$369K |
FPEI Hedge Fund Activity: Q2 2021 in Review
69 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q2 2021, worth a combined $200M — up 19% from $168M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FPEI positions and 5 closed out — a net gain of 4 holders — while 40 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.8M. The largest seller was Peterson Wealth Management, cutting an estimated $1.9M.
- 69 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q2 2021, up from 66 in Q1 2021.
- Funds reported $200M of First Trust Institutional Preferred Securities and Income ETF stock for Q2 2021, up 19% quarter-over-quarter.
- 9 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q2 2021 and 5 closed out, a net change of +4 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q2 2021 was Morgan Stanley, an estimated $3.8M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q2 2021 was Peterson Wealth Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2021.