First Trust Intermediate Duration Preferred & Income Fund
112 hedge funds and large institutions have $308M invested in First Trust Intermediate Duration Preferred & Income Fund in 2025 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
3% more funds holding
Funds holding: 109 → 112 (+3)
3% more capital invested
Capital invested by funds: $298M → $308M (+$9.53M)
0.23% more ownership
Funds ownership: 26.62% → 26.86% (+0.23%)
18% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.12M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.04M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.14M |
| 5 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPG
Peak Planning Group
Centennial,
Colorado
|
-$5.83M |
| 2 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$2.96M |
| 3 |
MFG
Magnus Financial Group
New York
|
-$1.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.04M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$866K |
FPF Hedge Fund Activity: Q2 2025 in Review
112 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust Intermediate Duration Preferred & Income Fund (FPF) for Q2 2025, worth a combined $308M — up 3.2% from $298M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FPF positions and 12 closed out — a net gain of 4 holders — while 28 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.12M. The largest seller was Peak Planning Group, exiting entirely with an estimated $5.83M sold.
- 112 institutional investors held First Trust Intermediate Duration Preferred & Income Fund (FPF) as of Q2 2025, up from 109 in Q1 2025.
- Funds reported $308M of First Trust Intermediate Duration Preferred & Income Fund stock for Q2 2025, up 3.2% quarter-over-quarter.
- 16 funds opened new First Trust Intermediate Duration Preferred & Income Fund positions in Q2 2025 and 12 closed out, a net change of +4 holders.
- The largest First Trust Intermediate Duration Preferred & Income Fund buyer in Q2 2025 was Morgan Stanley, an estimated $5.12M added.
- The largest First Trust Intermediate Duration Preferred & Income Fund seller in Q2 2025 was Peak Planning Group, an estimated $5.83M sold.
Based on aggregated 13F filings for Q2 2025.