Stonebridge Advisors LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed September 5, 2024), Stonebridge Advisors LLC reported 2 stock positions worth $23.2 million. Its top holding was Invesco Preferred ETF (PGX) at 86.3% of the portfolio, followed by FT-Preferred Secur & Inc. ETF (FPE, 13.7%). Compared with Q4 2023, it sold out of 1, added to 1 and reduced 1. The biggest buy was Invesco Preferred ETF (PGX, shares +2%) and the biggest sale FT-Preferred Secur & Inc. ETF (FPE, shares −91%).

Most Recent 13F
Q2 2026
Location
WILTON, CT
CIK
0001367441
Portfolio Value
$23.2M (Q1 2024)
SEC Filing
0001172661-24-004065 ↗ filed Sep 5, 2024

Holdings Value

0$10.0M$20.0M$30.0M$40.0M$50.0M Q1 2024: $23.2M $23.2M Q1 2024 Q2 2024: $11.6M Q2 2024 Q3 2024: $3.7M Q3 2024 Q4 2024: $47.4M Q4 2024 Q1 2025: $8.1M Q1 2025 Q2 2025: $20.6M Q2 2025 Q3 2025: $3.5M Q3 2025 Q4 2025: $49.6M Q4 2025 Q1 2026: $13.3M Q1 2026 Q2 2026: $13.9M Q2 2026

Holdings 2 stocks · $23.2M

PGX Invesco Preferred ETF 86.34% 1,682,794 $20.0M Add +1.9%
FPE FT-Preferred Secur & Inc. ETF 13.66% 182,555 $3.2M Reduce -90.7%
Other holdings (2): bonds, preferreds, convertibles and warrants · $141.2M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 67,554$82.4MAdd +39.7%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 49,306$58.9MAdd +3.5%

Total filed on the 13F, all lines: $164.4M.

Portfolio Sells Q4 2023 → Q1 2024

FPE FT-Preferred Secur & Inc. ETF Reduce -90.7% 13.66% −49.84
FPEI First Trust Institutional PR Sold out 0.00% −0.34

Portfolio Buys Q4 2023 → Q1 2024

PGX Invesco Preferred ETF Add +1.9% 86.34% +50.18

Notes & Other Activity Q4 2023 → Q1 2024

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +39.7% 67,554 $82.4M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +3.5% 49,306 $58.9M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$13.9MPGX, LQD
Q1 2026 1$13.3MPGX
Q4 2025 3$49.6MFPE, PGX, FPEI
Q3 2025 2$3.5MFPE, PGX
Q2 2025 2$20.6MFPE, PFF
Q1 2025 1$8.1MFPE
Q4 2024 2$47.4MFPE, FPEI
Q3 2024Amended 2$3.7MFPE, PFF
Q2 2024Amended 2$11.6MPGX, FPE
Q1 2024Amended 2$23.2MPGX, FPE