Stonebridge Advisors LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed September 5, 2024), Stonebridge Advisors LLC reported 2 stock positions worth $11.6 million. Its top holding was Invesco Preferred ETF (PGX) at 65.7% of the portfolio, followed by FT-Preferred Secur & Inc. ETF (FPE, 34.3%). Compared with Q1 2024, it added to 1 and reduced 1. The biggest buy was FT-Preferred Secur & Inc. ETF (FPE, shares +25%) and the biggest sale Invesco Preferred ETF (PGX, shares −61%).

Most Recent 13F
Q2 2026
Location
WILTON, CT
CIK
0001367441
Portfolio Value
$11.6M (Q2 2024)
SEC Filing
0001172661-24-004066 ↗ filed Sep 5, 2024

Holdings Value

0$10.0M$20.0M$30.0M$40.0M$50.0M Q1 2024: $23.2M Q1 2024 Q2 2024: $11.6M $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 · $11.6M

PGX Invesco Preferred ETF 65.74% 658,886 $7.6M Reduce -60.9%
FPE FT-Preferred Secur & Inc. ETF 34.26% 228,435 $4.0M Add +25.1%
Other holdings (2): bonds, preferreds, convertibles and warrants · $141.8M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 69,144$82.2MAdd +2.4%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 49,787$59.6MAdd +1.0%

Total filed on the 13F, all lines: $153.3M.

Portfolio Sells Q1 2024 → Q2 2024

PGX Invesco Preferred ETF Reduce -60.9% 65.74% −20.60

Portfolio Buys Q1 2024 → Q2 2024

FPE FT-Preferred Secur & Inc. ETF Add +25.1% 34.26% +20.60

Notes & Other Activity Q1 2024 → Q2 2024

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +2.4% 69,144 $82.2M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +1.0% 49,787 $59.6M

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