First Trust Institutional Preferred Securities and Income ETF
FPEI
102 hedge funds and large institutions have $351M invested in First Trust Institutional Preferred Securities and Income ETF in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 27 reducing their positions, and 12 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 27
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
6% more funds holding
Funds holding: 96 → 102 (+6)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
3% less capital invested
Capital invested by funds: $360M → $351M (-$9.16M)
2.23% less ownership
Funds ownership: 65.42% → 63.19% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Southern Wealth Management
Dallas,
Texas
|
+$19.9M |
| 2 |
Jane Street
New York
|
+$4.25M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.62M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.46M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20M |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$12.4M |
| 3 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
-$10.3M |
| 4 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
-$4.15M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.14M |
FPEI Hedge Fund Activity: Q1 2022 in Review
102 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q1 2022, worth a combined $351M — down 2.5% from $360M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FPEI positions and 12 closed out — a net gain of 8 holders — while 46 added to existing stakes and 27 trimmed.
The largest buyer was Southern Wealth Management, opening a new position worth an estimated $19.9M. The largest seller was Morgan Stanley, cutting an estimated $20M.
- 102 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q1 2022, up from 96 in Q4 2021.
- Funds reported $351M of First Trust Institutional Preferred Securities and Income ETF stock for Q1 2022, down 2.5% quarter-over-quarter.
- 20 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q1 2022 and 12 closed out, a net change of +8 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q1 2022 was Southern Wealth Management, an estimated $19.9M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q1 2022 was Morgan Stanley, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2022.