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FPF

First Trust Intermediate Duration Preferred & Income Fund

118 hedge funds and large institutions have $386M invested in First Trust Intermediate Duration Preferred & Income Fund in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 41 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 13

61% more capital invested

Capital invested by funds: $240M → $386M (+$146M)

32% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 31

12.46% more ownership

Funds ownership: 26.45%38.9% (+12%)

10% more funds holding

Funds holding: 107118 (+11)

Holders
118
Holders Change
+11
Holders Change %
+10.28%
% of All Funds
1.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
26
Increased
41
Reduced
31
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$220M +$97.6M +6,444,022 +92%
Wells Fargo
2
Wells Fargo
California
$12.2M -$630K -41,566 -5%
Invesco
3
Invesco
Georgia
$12M +$109K +7,197 +1%
PCM
4
Penserra Capital Management
California
$10.8M +$693K +45,787 +7%
KIM
5
Karpus Investment Management
New York
$10.7M -$371K -24,495 -4%
LPL Financial
6
LPL Financial
California
$8.6M -$1.46M -96,067 -15%
Bank of America
7
Bank of America
North Carolina
$8.32M -$66.2K -4,368 -0.8%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$8.05M +$1.53M +101,167 +26%
Ameriprise
9
Ameriprise
Minnesota
$7.99M +$2.11M +139,594 +40%
Cohen & Steers
10
Cohen & Steers
New York
$6.8M
MOS
11
MGO One Seven
Ohio
$6.19M +$5.48M +361,707 +2,012%
RIL
12
Rothschild Investment LLC
Illinois
$3.39M +$3.15M +208,098 New
SCM
13
Sterneck Capital Management
Missouri
$3.39M +$156K +10,327 +5%
PPG
14
Peak Planning Group
Colorado
$3.26M +$72.1K +4,758 +2%
Allspring Global Investments
15
Allspring Global Investments
North Carolina
$3.2M
HWAM
16
Hennion & Walsh Asset Management
New Jersey
$2.91M +$595K +39,256 +28%
CPRC
17
Consolidated Portfolio Review Corp
New York
$2.75M +$225K +14,847 +10%
RC
18
Rareview Capital
Nevada
$2.68M +$2.49M +164,150 New
LCM
19
Landscape Capital Management
New Jersey
$2.49M +$1.87M +123,608 +426%
SFS
20
Shaker Financial Services
Virginia
$2.34M +$267K +17,638 +14%
Rockefeller Capital Management
21
Rockefeller Capital Management
New York
$2.17M +$70.4K +4,646 +4%
UBS Group
22
UBS Group
Switzerland
$2.13M +$36K +2,374 +2%
DADC
23
D.A. Davidson & Co
Montana
$2.09M +$310K +20,491 +19%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$2.06M +$293K +19,320 +18%
MFG
25
Magnus Financial Group
New York
$1.89M +$1.75M +115,596 New