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FPF

First Trust Intermediate Duration Preferred & Income Fund

93 hedge funds and large institutions have $216M invested in First Trust Intermediate Duration Preferred & Income Fund in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 21

2% more funds holding

Funds holding: 9193 (+2)

0.83% more ownership

Funds ownership: 16.88%17.71% (+0.83%)

4% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 28

6% less capital invested

Capital invested by funds: $228M → $216M (-$12.6M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
93
Holders Change
+2
Holders Change %
+2.2%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
25
Increased
27
Reduced
28
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$77.1M -$8.91M -444,460 -10%
Invesco
2
Invesco
Georgia
$18.4M -$758K -37,803 -4%
Wells Fargo
3
Wells Fargo
California
$15.7M +$1.94M +96,919 +14%
RCM
4
Rivernorth Capital Management
Florida
$13.1M +$13.2M +659,495 New
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$10.2M +$1.48M +73,931 +17%
Bank of America
6
Bank of America
North Carolina
$6.69M +$1.1M +54,711 +19%
PPA
7
Parametric Portfolio Associates
Washington
$5.68M +$2.63M +131,354 +85%
Stifel Financial
8
Stifel Financial
Missouri
$5.51M +$4.76M +237,541 +584%
CIA
9
Capital Investment Advisors
Georgia
$4.21M +$363K +18,109 +9%
SCM
10
Sterneck Capital Management
Missouri
$4.16M -$371K -18,510 -8%
LPL Financial
11
LPL Financial
California
$4.12M -$93.9K -4,681 -2%
CRC
12
Curi RMB Capital
Illinois
$3.44M +$2.13M +106,189 +157%
OMC
13
Old Mission Capital
Illinois
$2.94M +$2.98M +148,409 New
SIA
14
Sit Investment Associates
Minnesota
$2.85M +$2.88M +143,833 New
HWA
15
HCR Wealth Advisors
California
$2.63M -$2.93K -146 -1%
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$2.46M +$244K +12,186 +11%
Millennium Management
17
Millennium Management
New York
$2.34M +$1.89M +94,401 +395%
Ameriprise
18
Ameriprise
Minnesota
$2.19M +$182K +9,052 +9%
UBS Group
19
UBS Group
Switzerland
$1.9M -$453K -22,594 -19%
IA
20
IFP Advisors
Florida
$1.83M -$895K -44,622 -33%
BTS
21
BB&T Securities
Virginia
$1.68M +$395K +19,703 +30%
Northwestern Mutual Wealth Management
22
Northwestern Mutual Wealth Management
Wisconsin
$1.6M -$457K -22,791 -22%
VIM
23
Vista Investment Management
Pennsylvania
$1.59M -$238K -11,880 -13%
RJA
24
Raymond James & Associates
Florida
$1.57M +$462K +23,036 +41%
AG
25
Advisor Group
Arizona
$1.46M +$169K +8,439 +13%