First Trust Institutional Preferred Securities and Income ETF
FPEI
186 hedge funds and large institutions have $1.21B invested in First Trust Institutional Preferred Securities and Income ETF in 2024 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 46 reducing their positions, and 7 closing their positions.
371% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 7
85% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 46
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more funds holding
Funds holding: 165 → 186 (+21)
6% more capital invested
Capital invested by funds: $1.14B → $1.21B (+$67.6M)
3.98% more ownership
Funds ownership: 75.52% → 79.5% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.9M |
| 2 |
JP Morgan Chase
New York
|
+$12.3M |
| 3 |
LPL Financial
San Diego,
California
|
+$12.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.18M |
| 5 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
+$6.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
-$9.91M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.57M |
| 3 |
Renaissance Technologies
New York
|
-$7.41M |
| 4 |
SWP
Summit Wealth Partners
Orlando,
Florida
|
-$2.76M |
| 5 |
CBB
Citizens Business Bank
Ontario,
California
|
-$2.62M |
FPEI Hedge Fund Activity: Q4 2024 in Review
186 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q4 2024, worth a combined $1.21B — up 5.9% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FPEI positions and 7 closed out — a net gain of 26 holders — while 85 added to existing stakes and 46 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.9M. The largest seller was Key Financial Inc, cutting an estimated $9.91M.
- 186 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q4 2024, up from 165 in Q3 2024.
- Funds reported $1.21B of First Trust Institutional Preferred Securities and Income ETF stock for Q4 2024, up 5.9% quarter-over-quarter.
- 33 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q4 2024 and 7 closed out, a net change of +26 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q4 2024 was Morgan Stanley, an estimated $14.9M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q4 2024 was Key Financial Inc, an estimated $9.91M sold.
Based on aggregated 13F filings for Q4 2024.