Preferred-Plus ETF
IPPP
IPPP was delisted on the 25th of August, 2025.
7 hedge funds and large institutions have $7.46M invested in Preferred-Plus ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
0% more funds holding
Funds holding: 7 → 7 (0)
14.58% less ownership
Funds ownership: 77.02% → 62.44% (-15%)
18% less capital invested
Capital invested by funds: $9.13M → $7.46M (-$1.67M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
+$6.68M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$235K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$31.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Novus Advisors
Greenville,
South Carolina
|
-$1.87M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$22.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
1
Allworth Financial
Folsom,
California
| $6.79M | +$6.68M | +694,547 | New |
|
|
2
Wolverine Trading
Chicago,
Illinois
| $241K | +$235K | +24,468 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $224K | +$31.9K | +3,323 | +17% |
|
|
NA
4
Novus Advisors
Greenville,
South Carolina
| $200K | -$1.87M | -194,494 | -90% |
|
|
5
UBS Group
Zurich,
Switzerland
| $6.02K | -$16K | -1,667 | -73% |
|
6
Morgan Stanley
New York
| $11 | – | – | – |
|
7
Fidelity Investments
Boston,
Massachusetts
| $10 | – | – | – |
|
|
8
Wells Fargo
San Francisco,
California
| – | -$22.8K | -2,347 | Closed |
|
IPPP Hedge Fund Activity: Q2 2025 in Review
7 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Preferred-Plus ETF (IPPP) for Q2 2025, worth a combined $7.46M — down 18% from $9.13M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new IPPP positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Allworth Financial, opening a new position worth an estimated $6.68M. The largest seller was Novus Advisors, cutting an estimated $1.87M.
- 7 institutional investors held Preferred-Plus ETF (IPPP) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $7.46M of Preferred-Plus ETF stock for Q2 2025, down 18% quarter-over-quarter.
- 2 funds opened new Preferred-Plus ETF positions in Q2 2025 and 1 closed out, a net change of +1 holder.
- The largest Preferred-Plus ETF buyer in Q2 2025 was Allworth Financial, an estimated $6.68M added.
- The largest Preferred-Plus ETF seller in Q2 2025 was Novus Advisors, an estimated $1.87M sold.
Based on aggregated 13F filings for Q2 2025.