First Trust Intermediate Duration Preferred & Income Fund
FPF
109 hedge funds and large institutions have $298M invested in First Trust Intermediate Duration Preferred & Income Fund in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 15 closing their positions.
9% more capital inflows, than outflows
Capital inflows: $14.4M | Capital outflows: $13.3M
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
0.06% more ownership
Funds ownership: 26.56% → 26.62% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 119 → 109 (-10)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.56M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.48M |
| 3 |
MGO One Seven
Beachwood,
Ohio
|
+$1.37M |
| 4 |
Morgan Stanley
New York
|
+$1.36M |
| 5 |
LPL Financial
San Diego,
California
|
+$985K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.18M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.97M |
| 3 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.14M |
| 4 |
Cohen & Steers
New York
|
-$1.03M |
| 5 |
Marex Group
London,
|
-$681K |
FPF Hedge Fund Activity: Q1 2025 in Review
109 of the 7,478 institutional investors tracked by Wall St. Rank reported a position in First Trust Intermediate Duration Preferred & Income Fund (FPF) for Q1 2025, worth a combined $298M — up 2.3% from $291M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FPF and 9 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.56M. The largest seller was Invesco, cutting an estimated $3.18M.
- 109 institutional investors held First Trust Intermediate Duration Preferred & Income Fund (FPF) as of Q1 2025, down from 119 in Q4 2024.
- Funds reported $298M of First Trust Intermediate Duration Preferred & Income Fund stock for Q1 2025, up 2.3% quarter-over-quarter.
- 9 funds opened new First Trust Intermediate Duration Preferred & Income Fund positions in Q1 2025 and 15 closed out, a net change of -6 holders.
- The largest First Trust Intermediate Duration Preferred & Income Fund buyer in Q1 2025 was Sit Investment Associates, an estimated $4.56M added.
- The largest First Trust Intermediate Duration Preferred & Income Fund seller in Q1 2025 was Invesco, an estimated $3.18M sold.
Based on aggregated 13F filings for Q1 2025.