First Trust Institutional Preferred Securities and Income ETF
FPEI
215 hedge funds and large institutions have $1.55B invested in First Trust Institutional Preferred Securities and Income ETF in 2026 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 81 increasing their positions, 79 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
2% more funds holding
Funds holding: 210 → 215 (+5)
1.94% more ownership
Funds ownership: 79.24% → 81.18% (+1.9%)
3% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 79
2% more capital invested
Capital invested by funds: $1.52B → $1.55B (+$26.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APFP
Action Point Financial Planning
Grand Rapids,
Michigan
|
+$12.2M |
| 2 |
PNC
Park National Corp
Newark,
Ohio
|
+$6.12M |
| 3 |
ML
McAdam LLC
Philadelphia,
Pennsylvania
|
+$5.59M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.23M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$27.1M |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$6.12M |
| 3 |
HF
HRT Financial
New York
|
-$6.02M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$3.67M |
| 5 |
AWC
Adamsbrown Wealth Consultants
Wichita,
Kansas
|
-$3.4M |
FPEI Hedge Fund Activity: Q2 2026 in Review
215 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in First Trust Institutional Preferred Securities and Income ETF (FPEI) for Q2 2026, worth a combined $1.55B — up 1.7% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FPEI positions and 13 closed out — a net gain of 8 holders — while 81 added to existing stakes and 79 trimmed.
The largest buyer was Action Point Financial Planning, opening a new position worth an estimated $12.2M. The largest seller was Jane Street, exiting entirely with an estimated $27.1M sold.
- 215 institutional investors held First Trust Institutional Preferred Securities and Income ETF (FPEI) as of Q2 2026, up from 210 in Q1 2026.
- Funds reported $1.55B of First Trust Institutional Preferred Securities and Income ETF stock for Q2 2026, up 1.7% quarter-over-quarter.
- 21 funds opened new First Trust Institutional Preferred Securities and Income ETF positions in Q2 2026 and 13 closed out, a net change of +8 holders.
- The largest First Trust Institutional Preferred Securities and Income ETF buyer in Q2 2026 was Action Point Financial Planning, an estimated $12.2M added.
- The largest First Trust Institutional Preferred Securities and Income ETF seller in Q2 2026 was Jane Street, an estimated $27.1M sold.
Based on aggregated 13F filings for Q2 2026.