PGIM AAA CLO ETF
PAAA
52 hedge funds and large institutions have $335M invested in PGIM AAA CLO ETF in 2024 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 5 reducing their positions, and 3 closing their positions.
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
400% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 5
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
84% more capital invested
Capital invested by funds: $182M → $335M (+$153M)
49% more funds holding
Funds holding: 35 → 52 (+17)
9.91% less ownership
Funds ownership: 78.29% → 68.38% (-9.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$31.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$29.5M |
| 3 |
NG
Norden Group
Provo,
Utah
|
+$19.6M |
| 4 |
TC
TownSquare Capital
Provo,
Utah
|
+$19.6M |
| 5 |
JP Morgan Chase
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$40.9M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$3.46M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.1M |
| 4 |
Jane Street
New York
|
-$865K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$813K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
51
Atlas Wealth
Cincinnati,
Ohio
| $217K | +$216K | +4,228 | New |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| $122K | +$121K | +2,374 | New |
|
|
53
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
| – | -$3.46M | -67,624 | Closed |
|
|
FTUS
54
Flow Traders U.S.
New York
| – | -$813K | -15,905 | Closed |
|
|
RIA
55
Realta Investment Advisors
Wilmington,
Delaware
| – | -$233K | -4,550 | Closed |
|
PAAA Hedge Fund Activity: Q3 2024 in Review
52 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in PGIM AAA CLO ETF (PAAA) for Q3 2024, worth a combined $335M — up 84% from $182M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PAAA positions and 3 closed out — a net gain of 17 holders — while 25 added to existing stakes and 5 trimmed.
The largest buyer was Prudential Financial, adding an estimated $31.7M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $40.9M.
- 52 institutional investors held PGIM AAA CLO ETF (PAAA) as of Q3 2024, up from 35 in Q2 2024.
- Funds reported $335M of PGIM AAA CLO ETF stock for Q3 2024, up 84% quarter-over-quarter.
- 20 funds opened new PGIM AAA CLO ETF positions in Q3 2024 and 3 closed out, a net change of +17 holders.
- The largest PGIM AAA CLO ETF buyer in Q3 2024 was Prudential Financial, an estimated $31.7M added.
- The largest PGIM AAA CLO ETF seller in Q3 2024 was Wealth Enhancement Advisory Services, an estimated $40.9M sold.
Based on aggregated 13F filings for Q3 2024.