FPF
First Trust Intermediate Duration Preferred & Income Fund
59 hedge funds and large institutions have $204M invested in First Trust Intermediate Duration Preferred & Income Fund in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 10 reducing their positions, and 6 closing their positions.
New
Increased
Maintained
Reduced
Closed
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more first-time investments, than exits
New positions opened: | Existing positions closed:
more funds holding
Funds holding: →
less ownership
Funds ownership: →
5% less capital invested
Capital invested by funds: $215M → $204M (-$11.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Holders
59
Holding in Top 10
1
Calls
–
Puts
–
Top Buyers
| 1 | +$5.74M | |
| 2 | +$3.35M | |
| 3 | +$3.17M | |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.21M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.86M |
Top Sellers
| 1 | -$22.8M | |
| 2 | -$3.72M | |
| 3 | -$1.71M | |
| 4 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$1.13M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$399K |