FPE β€” First Trust Preferred Sec & Inc ETF

Ownership history in FLAGSTAR ADVISORS INC  Β·  18 quarters on record

This page tracks every 13F SEC filing in which FLAGSTAR ADVISORS INC reported a position in First Trust Preferred Sec & Inc ETF (FPE). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
3.43% (2022 Q2)
πŸ“Š Avg. % of fund
2.18%
πŸ“… First filed
2021 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
18

Position Intelligence

FLAGSTAR ADVISORS INC Γ— FPE AI Analytics

πŸ“‰ FLAGSTAR ADVISORS INC underperformed the S&P 500 by –10.4% annually on this FPE position. Timing score: 29% (5/17 decisions correct). Average cost basis: $15.70. Maximum drawdown during holding period: –15.9%.

πŸ“ˆ Position Alpha vs SPY
-10.4%
annualised excess return

❌ Significantly underperformed the S&P 500 by 10.4% ann.
17 quarters analyzed

⏱️ Timing Score
29%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
5 of 17 add/trim decisions correct

πŸ’° Entry Quality
$15.70
+15.0% vs current ($18.06)

Best entry: $13.43 (2023 Q1)  Β·  Worst: $16.67 (2024 Q3)

πŸ›‘οΈ Drawdown Resilience
–15.9%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
44%
buy-side decisions

8 adds Β· 10 trims. Bought during 3 of 5 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 1.32% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FPE price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 216,361 -18,804 -8.0% 1.32% $3.9M $18.06
2025 Q3 REDUCED 235,165 -51,199 -17.9% 1.31% $4.3M $17.79
2025 Q2 REDUCED 286,364 -26,337 -8.4% 1.41% $5.1M $17.12
2025 Q1 REDUCED 312,701 -2,881 -0.9% 1.41% $5.5M $16.67
2024 Q4 REDUCED 315,582 -17,840 -5.4% 1.39% $5.6M $16.54
2024 Q3 ADDED 333,422 +7,609 +2.3% 1.53% $6.0M $16.67
2024 Q2 REDUCED 325,813 -6,814 -2.0% 1.55% $5.7M $15.76
2024 Q1 ADDED 332,627 +3,127 +0.9% 1.60% $5.8M $15.50
2023 Q4 REDUCED 329,500 -174,072 -34.6% 1.76% $5.6M $14.87
2023 Q3 ADDED 503,572 +23,641 +4.9% 3.06% $8.0M $13.88
8 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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