Fidelity Preferred Securities & Income ETF
FPFD
10 hedge funds and large institutions have $4.26M invested in Fidelity Preferred Securities & Income ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 5 closing their positions.
5.53% less ownership
Funds ownership: 17.85% → 12.32% (-5.5%)
9% less funds holding
Funds holding: 11 → 10 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
29% less capital invested
Capital invested by funds: $5.96M → $4.26M (-$1.7M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$277K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$127K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$21.4K |
| 4 |
PS
Principal Securities
Des Moines,
Iowa
|
+$276 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$251K |
| 3 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$208K |
| 4 |
GCIM
Gunn & Company Investment Management
Jacksonville,
Florida
|
-$208K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$127K |
FPFD Hedge Fund Activity: Q1 2024 in Review
10 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Fidelity Preferred Securities & Income ETF (FPFD) for Q1 2024, worth a combined $4.26M — down 29% from $5.96M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FPFD and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Brookstone Capital Management, opening a new position worth an estimated $277K. The largest seller was Jane Street, cutting an estimated $1.7M.
- 10 institutional investors held Fidelity Preferred Securities & Income ETF (FPFD) as of Q1 2024, down from 11 in Q4 2023.
- Funds reported $4.26M of Fidelity Preferred Securities & Income ETF stock for Q1 2024, down 29% quarter-over-quarter.
- 4 funds opened new Fidelity Preferred Securities & Income ETF positions in Q1 2024 and 5 closed out, a net change of -1 holder.
- The largest Fidelity Preferred Securities & Income ETF buyer in Q1 2024 was Brookstone Capital Management, an estimated $277K added.
- The largest Fidelity Preferred Securities & Income ETF seller in Q1 2024 was Jane Street, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2024.