First Trust Intermediate Duration Preferred & Income Fund
104 hedge funds and large institutions have $335M invested in First Trust Intermediate Duration Preferred & Income Fund in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 25 reducing their positions, and 20 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 25
1% more capital invested
Capital invested by funds: $331M → $335M (+$3.47M)
0.65% more ownership
Funds ownership: 21.79% → 22.44% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 110 → 104 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.11M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.38M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.84M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$495K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.98M |
| 2 |
JG
Jefferies Group
New York
|
-$1.65M |
| 3 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
-$764K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$553K |
| 5 |
IP
Intellectus Partners
San Francisco,
California
|
-$358K |
FPF Hedge Fund Activity: Q4 2021 in Review
104 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in First Trust Intermediate Duration Preferred & Income Fund (FPF) for Q4 2021, worth a combined $335M — up 1% from $331M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FPF and 15 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 52 added.
The largest buyer was Morgan Stanley, adding an estimated $5.11M. The largest seller was Bramshill Investments, cutting an estimated $1.98M.
- 104 institutional investors held First Trust Intermediate Duration Preferred & Income Fund (FPF) as of Q4 2021, down from 110 in Q3 2021.
- Funds reported $335M of First Trust Intermediate Duration Preferred & Income Fund stock for Q4 2021, up 1% quarter-over-quarter.
- 15 funds opened new First Trust Intermediate Duration Preferred & Income Fund positions in Q4 2021 and 20 closed out, a net change of -5 holders.
- The largest First Trust Intermediate Duration Preferred & Income Fund buyer in Q4 2021 was Morgan Stanley, an estimated $5.11M added.
- The largest First Trust Intermediate Duration Preferred & Income Fund seller in Q4 2021 was Bramshill Investments, an estimated $1.98M sold.
Based on aggregated 13F filings for Q4 2021.