Innovator S&P Investment Grade Preferred ETF
EPRF
42 hedge funds and large institutions have $34.9M invested in Innovator S&P Investment Grade Preferred ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 4 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0.95% less ownership
Funds ownership: 31.38% → 30.43% (-0.95%)
1% less capital invested
Capital invested by funds: $35.4M → $34.9M (-$525K)
2% less funds holding
Funds holding: 43 → 42 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$323K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$322K |
| 3 |
SFS
Solitude Financial Services
Charlottesville,
Virginia
|
+$260K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$194K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$99.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$637K |
| 2 |
WPC
White Pine Capital
Bloomington,
Minnesota
|
-$496K |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$190K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$121K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$121K |
EPRF Hedge Fund Activity: Q2 2023 in Review
42 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Innovator S&P Investment Grade Preferred ETF (EPRF) for Q2 2023, worth a combined $34.9M — down 1.5% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EPRF and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 15 added.
The largest buyer was Royal Bank of Canada, adding an estimated $323K. The largest seller was Raymond James & Associates, cutting an estimated $637K.
- 42 institutional investors held Innovator S&P Investment Grade Preferred ETF (EPRF) as of Q2 2023, down from 43 in Q1 2023.
- Funds reported $34.9M of Innovator S&P Investment Grade Preferred ETF stock for Q2 2023, down 1.5% quarter-over-quarter.
- 3 funds opened new Innovator S&P Investment Grade Preferred ETF positions in Q2 2023 and 4 closed out, a net change of -1 holder.
- The largest Innovator S&P Investment Grade Preferred ETF buyer in Q2 2023 was Royal Bank of Canada, an estimated $323K added.
- The largest Innovator S&P Investment Grade Preferred ETF seller in Q2 2023 was Raymond James & Associates, an estimated $637K sold.
Based on aggregated 13F filings for Q2 2023.