Stonebridge Advisors LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed February 12, 2025), Stonebridge Advisors LLC reported 2 stock positions worth $3.7 million. Its top holding was FT-Preferred Secur & Inc. ETF (FPE) at 92.9% of the portfolio, followed by iShares Preferred & Income S (PFF, 7.1%). Compared with Q2 2024, it opened 1 new position, sold out of 1 and reduced 1. The biggest buy was a new position in iShares Preferred & Income S (PFF) and the biggest sale an exit from Invesco Preferred ETF (PGX).

Most Recent 13F
Q2 2026
Location
WILTON, CT
CIK
0001367441
Portfolio Value
$3.7M (Q3 2024)
SEC Filing
0001667731-25-000249 ↗ filed Feb 12, 2025

Holdings Value

0$10.0M$20.0M$30.0M$40.0M$50.0M Q1 2024: $23.2M Q1 2024 Q2 2024: $11.6M Q2 2024 Q3 2024: $3.7M $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 · $3.7M

FPE FT-Preferred Secur & Inc. ETF 92.85% 191,212 $3.5M Reduce -16.3%
PFF iShares Preferred & Income S 7.15% 8,017 $266K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $145.6M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 65,298$83.7MReduce -5.6%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 48,591$61.9MReduce -2.4%

Total filed on the 13F, all lines: $149.3M.

Portfolio Sells Q2 2024 → Q3 2024

PGX Invesco Preferred ETF Sold out 0.00% −65.74
FPE FT-Preferred Secur & Inc. ETF Reduce -16.3% 92.85% +58.59

Portfolio Buys Q2 2024 → Q3 2024

PFF iShares Preferred & Income S New 7.15% +7.15

Notes & Other Activity Q2 2024 → Q3 2024

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -5.6% 65,298 $83.7M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -2.4% 48,591 $61.9M

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