Stonebridge Advisors LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Stonebridge Advisors LLC reported 2 stock positions worth $47.4 million. Its top holding was FT-Preferred Secur & Inc. ETF (FPE) at 85.5% of the portfolio, followed by First Trust Institutional PR (FPEI, 14.5%). Compared with Q3 2024, it opened 1 new position, sold out of 1 and added to 1. The biggest buy was a new position in First Trust Institutional PR (FPEI) and the biggest sale an exit from iShares Preferred & Income S (PFF).

Most Recent 13F
Q2 2026
Location
WILTON, CT
CIK
0001367441
Portfolio Value
$47.4M (Q4 2024)
SEC Filing
0001667731-25-000250 ↗ 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 Q3 2024 Q4 2024: $47.4M $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 · $47.4M

FPE FT-Preferred Secur & Inc. ETF 85.51% 2,289,907 $40.5M Add +1097.6%
FPEI First Trust Institutional PR 14.49% 367,239 $6.9M New
Other holdings (2): bonds, preferreds, convertibles and warrants · $102.5M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 48,352$59.0MReduce -0.5%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 36,497$43.6MReduce -44.1%

Total filed on the 13F, all lines: $149.9M.

Portfolio Sells Q3 2024 → Q4 2024

PFF iShares Preferred & Income S Sold out 0.00% −7.15

Portfolio Buys Q3 2024 → Q4 2024

FPEI First Trust Institutional PR New 14.49% +14.49
FPE FT-Preferred Secur & Inc. ETF Add +1097.6% 85.51% −7.34

Notes & Other Activity Q3 2024 → Q4 2024

BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -0.5% 48,352 $59.0M
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -44.1% 36,497 $43.6M

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