First Trust Intermediate Duration Preferred & Income Fund
FPF
120 hedge funds and large institutions have $345M invested in First Trust Intermediate Duration Preferred & Income Fund in 2026 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 47 increasing their positions, 30 reducing their positions, and 10 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 30
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
4% more capital invested
Capital invested by funds: $330M → $345M (+$14.5M)
1% more funds holding
Funds holding: 119 → 120 (+1)
0.4% more ownership
Funds ownership: 30.77% → 31.17% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.35M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$765K |
| 3 |
RC
Rareview Capital
Las Vegas,
Nevada
|
+$751K |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$725K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$758K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$413K |
| 3 |
Jane Street
New York
|
-$297K |
| 4 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
-$250K |
| 5 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$249K |
FPF Hedge Fund Activity: Q2 2026 in Review
120 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in First Trust Intermediate Duration Preferred & Income Fund (FPF) for Q2 2026, worth a combined $345M — up 4.4% from $330M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FPF positions and 10 closed out — a net gain of 2 holders — while 47 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.35M. The largest seller was Shaker Financial Services, cutting an estimated $758K.
- 120 institutional investors held First Trust Intermediate Duration Preferred & Income Fund (FPF) as of Q2 2026, up from 119 in Q1 2026.
- Funds reported $345M of First Trust Intermediate Duration Preferred & Income Fund stock for Q2 2026, up 4.4% quarter-over-quarter.
- 12 funds opened new First Trust Intermediate Duration Preferred & Income Fund positions in Q2 2026 and 10 closed out, a net change of +2 holders.
- The largest First Trust Intermediate Duration Preferred & Income Fund buyer in Q2 2026 was Morgan Stanley, an estimated $1.35M added.
- The largest First Trust Intermediate Duration Preferred & Income Fund seller in Q2 2026 was Shaker Financial Services, an estimated $758K sold.
Based on aggregated 13F filings for Q2 2026.