Preferred-Plus ETF
IPPP
IPPP was delisted on the 25th of August, 2025.
6 hedge funds and large institutions have $7.39M invested in Preferred-Plus ETF in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and closing their positions.
20% more funds holding
Funds holding: 5 → 6 (+1)
2% less capital invested
Capital invested by funds: $7.51M → $7.39M (-$120K)
1.56% less ownership
Funds ownership: 66.08% → 64.52% (-1.6%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$213K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.48K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$654K |
| 2 |
JP Morgan Chase
New York
|
-$31.8K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBIA
1
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| $6.41M | -$654K | -71,461 | -10% |
|
|
2
Wolverine Trading
Chicago,
Illinois
| $492K | +$213K | +23,299 | +83% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $481K | -$5.12K | -560 | -1% |
|
|
4
UBS Group
Zurich,
Switzerland
| $9.88K | +$3.48K | +381 | +58% |
|
|
5
JP Morgan Chase
New York
| $955 | -$31.8K | -3,477 | -97% |
|
|
6
Fidelity Investments
Boston,
Massachusetts
| $10 | +$9 | +1 | New |
|
IPPP Hedge Fund Activity: Q4 2023 in Review
6 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Preferred-Plus ETF (IPPP) for Q4 2023, worth a combined $7.39M — down 1.6% from $7.51M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new IPPP positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Wolverine Trading, adding an estimated $213K. The largest seller was Sheaff Brock Investment Advisors, cutting an estimated $654K.
- 6 institutional investors held Preferred-Plus ETF (IPPP) as of Q4 2023, up from 5 in Q3 2023.
- Funds reported $7.39M of Preferred-Plus ETF stock for Q4 2023, down 1.6% quarter-over-quarter.
- 1 fund opened new Preferred-Plus ETF positions in Q4 2023 and 0 closed out, a net change of +1 holder.
- The largest Preferred-Plus ETF buyer in Q4 2023 was Wolverine Trading, an estimated $213K added.
- The largest Preferred-Plus ETF seller in Q4 2023 was Sheaff Brock Investment Advisors, an estimated $654K sold.
Based on aggregated 13F filings for Q4 2023.