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FPF

First Trust Intermediate Duration Preferred & Income Fund

53 hedge funds and large institutions have $239M invested in First Trust Intermediate Duration Preferred & Income Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

38% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 16

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

4% more funds holding

Funds holding: 5153 (+2)

0.3% less ownership

Funds ownership: 15.8%15.5% (-0.3%)

3% less capital invested

Capital invested by funds: $246M → $239M (-$7.18M)

Holders
53
Holders Change
+2
Holders Change %
+3.92%
% of All Funds
1.41%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
8
Increased
22
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$63.8M -$3.54M -158,091 -5%
BTS
2
BB&T Securities
Virginia
$30.8M -$67.8K -3,030 -2%
UBS Group
3
UBS Group
Switzerland
$21.1M +$1.13M +50,323 +6%
MGAM
4
McGowan Group Asset Management
Texas
$16.8M +$1.8M +80,564 +12%
Bessemer Group
5
Bessemer Group
New Jersey
$13.9M +$4.25M +190,000 +44%
Invesco
6
Invesco
Georgia
$11.2M -$2.36M -105,560 -17%
Bank of America
7
Bank of America
North Carolina
$10.3M +$2.46M +109,917 +32%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$9.28M +$1.08M +48,329 +13%
GC
9
Guggenheim Capital
Illinois
$9.03M -$2.15M -96,133 -19%
EVM
10
Eaton Vance Management
Massachusetts
$8.05M
RVP
11
Relative Value Partners
Illinois
$6.39M +$86.9K +3,886 +1%
Wells Fargo
12
Wells Fargo
California
$5.45M -$305K -13,632 -5%
SCM
13
Sterneck Capital Management
Missouri
$4.54M +$1.12M +49,961 +33%
UCFA
14
United Capital Financial Advisors
Texas
$3.22M +$1.38M +61,708 +79%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$2.98M +$1.05M +46,932 +55%
LPL Financial
16
LPL Financial
California
$2.79M -$972K -43,452 -26%
PPA
17
Parametric Portfolio Associates
Washington
$2.42M +$2.42M +107,956 New
TFMS
18
Trust & Fiduciary Management Services
Massachusetts
$2.19M +$2.18M +97,648 New
CS
19
Comerica Securities
Michigan
$1.88M +$1.87M +83,809 New
B
20
Baird
Wisconsin
$1.51M +$340K +15,203 +29%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$1.37M +$262K +11,716 +24%
CFN
22
Cordasco Financial Network
Florida
$1.15M -$290K -12,976 -20%
SI
23
SII Investments
Wisconsin
$1.11M +$22.3K +995 +2%
CS
24
Credit Suisse
Switzerland
$1.1M +$15K +671 +1%
SIA
25
Sit Investment Associates
Minnesota
$842K