First Trust Institutional Preferred Securities and Income ETF
FPEI
101 hedge funds and large institutions have $352M invested in First Trust Institutional Preferred Securities and Income ETF in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 45 reducing their positions, and 13 closing their positions.
1% more capital invested
Capital invested by funds: $351M → $352M (+$1.76M)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
0.12% less ownership
Funds ownership: 63.19% → 63.08% (-0.12%)
1% less funds holding
Funds holding: 102 → 101 (-1)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
22% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$28.4M |
| 3 |
EL
Essex LLC
Deer Park,
Illinois
|
+$5.43M |
| 4 |
SWM
Shelton Wealth Management
Fort Worth,
Texas
|
+$5.18M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Southern Wealth Management
Dallas,
Texas
|
-$17.7M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$8.04M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$5.58M |
| 4 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
-$4.55M |
| 5 |
Jane Street
New York
|
-$4.17M |
FPEI Hedge Fund Activity: Q2 2022 in Review
101 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q2 2022, worth a combined $352M — up 0.5% from $351M a quarter earlier.
Fund positioning in FPEI was balanced in Q2 2022: 13 funds opened new positions, 13 closed out, 35 added to existing stakes and 45 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $35.2M. The largest seller was Southern Wealth Management, cutting an estimated $17.7M.
- 101 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q2 2022, down from 102 in Q1 2022.
- Funds reported $352M of First Trust Institutional Preferred Securities and Income ETF stock for Q2 2022, up 0.5% quarter-over-quarter.
- 13 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q2 2022 and 13 closed out, a net change of 0 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q2 2022 was Morgan Stanley, an estimated $35.2M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q2 2022 was Southern Wealth Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q2 2022.