FPEI
First Trust Institutional Preferred Securities & Income ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -6.2% ·
share flow -2.0% ·
net new positions -10.0%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 30 | -2 | 55.36M | $1.07B | +1 | −4 |
| Q1 2026 | 34 | -1 | 57.36M | $1.09B | +4 | −5 |
| Q4 2025 | 35 | 0 | 51.40M | $996.68M | +1 | −1 |
| Q3 2025 | 4 | -1 | 17.34M | $335.27M | — | −1 |
| Q2 2025 | 2 | +1 | 131.53K | $2.50M | +1 | — |
| Q1 2025 | 1 | -1 | 195.22K | $3.65M | — | −1 |
| Q4 2024 | 2 | +1 | 166.36K | $3.11M | +1 | — |
| Q3 2024 | 1 | 0 | 545.16K | $10.40M | — | — |
| Q2 2024 | 1 | — | 349.40K | $6.42M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley ✦ | 19.79M | -0.7% | $381.78M | 0.0% | ▼ Trim | 4 | SEC ↗ ×2 |
| 2 | UBS Group AG | 9.98M | +1.9% | $192.54M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 3 | Bank Of America Corp /De/ | 6.01M | -0.1% | $116.01M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 4 | Royal Bank Of Canada | 5.32M | -1.0% | $102.62M | 0.0% | ▼ Trim | 3 | SEC ↗ ×5 |
| 5 | LPL Financial LLC | 4.50M | +5.1% | $86.88M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 6 | Raymond James Financial Inc | 2.07M | -0.2% | $39.99M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 7 | Envestnet Asset Management Inc | 1.70M | +7.1% | $32.80M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 8 | Truist Financial Corp | 1.61M | +9.4% | $30.97M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 9 | Osaic Holdings, Inc. | 770.22K | +9.5% | $14.86M | 0.0% | ▲ Add | 3 | SEC ↗ ×3 |
| 10 | Cetera Investment Advisers | 704.38K | +4.5% | $13.59M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 11 | Baird Financial Group, Inc. | 470.81K | -25.5% | $9.08M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 12 | JPMorgan Chase ✦ | 399.89K | -4.2% | $7.70M | 0.0% | ▼ Trim | 4 | SEC ↗ ×5 |
| 13 | Commonwealth Equity Services, Llc | 378.95K | +8.4% | $7.31M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 14 | Stifel Financial Corp | 355.98K | -3.3% | $6.87M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 15 | Rockefeller Capital Management L.P. | 332.36K | +8.4% | $6.41M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 16 | First Trust Advisors Lp | 210.61K | -1.4% | $4.06M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 17 | Northwestern Mutual Wealth… | 207.96K | +83.1% | $4.01M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 18 | Focus Partners Wealth | 118.27K | -1.7% | $2.28M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 19 | Fifth Third Bancorp | 112.29K | +24.5% | $2.17M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 20 | Wells Fargo & Company/Mn | 78.90K | +2580.8% | $1.52M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 21 | Mirae Asset Global Investments Co.… | 46.11K | -9.0% | $889,539 | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 22 | Assetmark, Inc | 41.91K | -3.1% | $808,405 | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 23 | Mariner, LLC | 31.80K | +1.6% | $613,499 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 24 | Captrust Financial Advisors | 28.48K | +164.3% | $549,478 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 25 | Mml Investors Services, Llc | 23.63K | +24.2% | $455,876 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 26 | Mercer Global Advisors Inc /Adv | 17.52K | -11.0% | $337,928 | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 27 | UBS AM, a distinct business unit of… | 14.01K | -5.9% | $270,272 | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 28 | AQR Capital Management ✦ | 10.97K | 0.0% | $211,672 | 0.0% | Held | 3 | SEC ↗ |
| 29 | Cerity Partners LLC | 10.97K | 0.0% | $211,672 | 0.0% | Held | 3 | SEC ↗ |
| 30 | Jones Financial Companies Lllp | 930 | New | $17,893 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Jones Financial Companies Lllp | $17,893 | 0.0% |
Exited
| Jane Street Group, Llc | $27.15M | was 0.0% |
| HighTower Advisors, LLC | $9.95M | was 0.0% |
| Hrt Financial Lp | $6.02M | was 0.0% |
| Ameriprise Financial Inc | $315,115 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 208 holders, 78.46M shares, $1.49B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.