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Innovator S&P Investment Grade Preferred ETF

43 hedge funds and large institutions have $35.4M invested in Innovator S&P Investment Grade Preferred ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.78% less ownership

Funds ownership: 37.16%31.38% (-5.8%)

10% less funds holding

Funds holding: 4843 (-5)

20% less capital invested

Capital invested by funds: $44.1M → $35.4M (-$8.68M)

47% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 19

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
43
Holders Change
-5
Holders Change %
-10.42%
% of All Funds
0.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
10
Reduced
19
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.31M -$58K -3,019 -1%
LPL Financial
2
LPL Financial
California
$4.29M +$35.3K +1,834 +0.8%
SFS
3
Solitude Financial Services
Virginia
$2.98M +$146K +7,592 +5%
Osaic Holdings
4
Osaic Holdings
Arizona
$2.64M +$77K +4,005 +3%
Wells Fargo
5
Wells Fargo
California
$2.41M +$63.5K +3,305 +3%
WPC
6
White Pine Capital
Minnesota
$1.8M -$96.1K -5,000 -5%
WFA
7
Websterrogers Financial Advisors
South Carolina
$1.51M -$128K -6,653 -8%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$1.5M -$55.6K -2,893 -3%
Stifel Financial
9
Stifel Financial
Missouri
$1.46M -$37.1K -1,931 -2%
Cetera Investment Advisers
10
Cetera Investment Advisers
Illinois
$1.4M -$197K -10,261 -12%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$1.35M -$43.6K -2,269 -3%
UBS Group
12
UBS Group
Switzerland
$1.34M -$137K -7,134 -9%
SFI
13
SPC Financial Inc
Maryland
$1.02M +$11.2K +583 +1%
FCA
14
FinTrust Capital Advisors
South Carolina
$931K
RJA
15
Raymond James & Associates
Florida
$914K +$5.88K +306 +0.6%
CP
16
Camelot Portfolios
Ohio
$862K +$49K +2,551 +6%
LTI
17
Laffer Tengler Investments
Tennessee
$701K -$72.6K -3,778 -9%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$616K -$11.5K -600 -2%
DIM
19
Delta Investment Management
California
$529K +$11.7K +611 +2%
CPIG
20
Chicago Partners Investment Group
Illinois
$468K +$4.25K +221 +0.9%
MFS
21
Madrona Financial Services
Washington
$401K -$673 -35 -0.2%
LMKC
22
L.M. Kohn & Company
Ohio
$328K
Jane Street
23
Jane Street
New York
$287K -$7.59M -395,014 -96%
IA
24
IFP Advisors
Florida
$266K -$150K -7,780 -41%
CA
25
Cetera Advisors
Colorado
$221K -$5K -260 -2%

EPRF Hedge Fund Activity: Q1 2023 in Review

43 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Innovator S&P Investment Grade Preferred ETF (EPRF) for Q1 2023, worth a combined $35.4M — down 20% from $44.1M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of EPRF and 3 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 10 added.

The largest buyer was Solitude Financial Services, adding an estimated $146K. The largest seller was Jane Street, cutting an estimated $7.59M.

  • 43 institutional investors held Innovator S&P Investment Grade Preferred ETF (EPRF) as of Q1 2023, down from 48 in Q4 2022.
  • Funds reported $35.4M of Innovator S&P Investment Grade Preferred ETF stock for Q1 2023, down 20% quarter-over-quarter.
  • 3 funds opened new Innovator S&P Investment Grade Preferred ETF positions in Q1 2023 and 6 closed out, a net change of -3 holders.
  • The largest Innovator S&P Investment Grade Preferred ETF buyer in Q1 2023 was Solitude Financial Services, an estimated $146K added.
  • The largest Innovator S&P Investment Grade Preferred ETF seller in Q1 2023 was Jane Street, an estimated $7.59M sold.

Based on aggregated 13F filings for Q1 2023.