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FPF

First Trust Intermediate Duration Preferred & Income Fund

44 hedge funds and large institutions have $158M invested in First Trust Intermediate Duration Preferred & Income Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

13% more funds holding

Funds holding: 3944 (+5)

0% more capital invested

Capital invested by funds: $157M → $158M (+$642K)

1.44% less ownership

Funds ownership: 11.91%10.46% (-1.4%)

Holders
44
Holders Change
+5
Holders Change %
+12.82%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
16
Reduced
14
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$50.2M +$10.8M +501,903 +28%
BTS
2
BB&T Securities
Virginia
$19.1M +$344K +15,954 +23%
KIM
3
Karpus Investment Management
New York
$15.7M +$3.38M +156,565 +28%
MIG
4
Mariner Investment Group
New York
$8.38M +$942K +43,624 +13%
Invesco
5
Invesco
Georgia
$8.33M +$315K +14,576 +4%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$7.78M +$350K +16,216 +5%
SCM
7
Saba Capital Management
New York
$6.38M -$332K -15,362 -5%
Bank of America
8
Bank of America
North Carolina
$5.67M +$458K +21,213 +9%
RVP
9
Relative Value Partners
Illinois
$5.45M -$111K -5,160 -2%
FIMG
10
Financial & Investment Management Group
Michigan
$3.92M -$373K -17,285 -9%
Wells Fargo
11
Wells Fargo
California
$3.71M +$2.37M +110,001 +192%
SCM
12
Sterneck Capital Management
Missouri
$3.5M -$75.7K -3,509 -2%
LPL Financial
13
LPL Financial
California
$2.64M -$366K -16,966 -12%
RCM
14
Rivernorth Capital Management
Florida
$2.15M -$4.21M -195,147 -67%
U
15
UBS
Switzerland
$1.99M +$565K +26,156 +41%
CFN
16
Cordasco Financial Network
Florida
$1.6M -$1.16M -53,761 -43%
WAM
17
Wolverine Asset Management
Illinois
$1.52M +$308K +14,260 +26%
PAS
18
Partnervest Advisory Services
California
$1.21M -$632K -29,289 -35%
CS
19
Credit Suisse
Switzerland
$978K +$15.9K +738 +2%
CAS
20
CTC Alternative Strategies
Illinois
$841K -$136K -6,300 -14%
TJHA
21
Thomas J. Herzfeld Advisors
Florida
$819K +$143K +6,630 +22%
RCM
22
Robinson Capital Management
Michigan
$793K +$773K +35,821 New
SFS
23
Shaker Financial Services
Virginia
$765K -$155K -7,180 -17%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$746K +$388K +17,990 +114%
Stifel Financial
25
Stifel Financial
Missouri
$695K +$678K +31,400 New