Innovator S&P Investment Grade Preferred ETF
EPRF
38 hedge funds and large institutions have $25.2M invested in Innovator S&P Investment Grade Preferred ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 8 closing their positions.
6.48% less ownership
Funds ownership: 30.17% → 23.7% (-6.5%)
10% less funds holding
Funds holding: 42 → 38 (-4)
24% less capital invested
Capital invested by funds: $32.9M → $25.2M (-$7.76M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$242K |
| 2 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$239K |
| 3 |
AWS
Atria Wealth Solutions
New York
|
+$67.4K |
| 4 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$67.4K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$34.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.08M |
| 2 |
Goldman Sachs
New York
|
-$1.76M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.32M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.24M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$811K |
EPRF Hedge Fund Activity: Q4 2023 in Review
38 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Innovator S&P Investment Grade Preferred ETF (EPRF) for Q4 2023, worth a combined $25.2M — down 24% from $32.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EPRF and 4 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was Bank of America, opening a new position worth an estimated $242K. The largest seller was Osaic Holdings, cutting an estimated $2.08M.
- 38 institutional investors held Innovator S&P Investment Grade Preferred ETF (EPRF) as of Q4 2023, down from 42 in Q3 2023.
- Funds reported $25.2M of Innovator S&P Investment Grade Preferred ETF stock for Q4 2023, down 24% quarter-over-quarter.
- 4 funds opened new Innovator S&P Investment Grade Preferred ETF positions in Q4 2023 and 8 closed out, a net change of -4 holders.
- The largest Innovator S&P Investment Grade Preferred ETF buyer in Q4 2023 was Bank of America, an estimated $242K added.
- The largest Innovator S&P Investment Grade Preferred ETF seller in Q4 2023 was Osaic Holdings, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2023.