PGIM AAA CLO ETF
PAAA
17 hedge funds and large institutions have $97.3M invested in PGIM AAA CLO ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
31% more funds holding
Funds holding: 13 → 17 (+4)
2.55% less ownership
Funds ownership: 70.69% → 68.14% (-2.5%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
52% less capital inflows, than outflows
Capital inflows: $14.7M | Capital outflows: $30.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$6.52M |
| 2 |
Atria Investments
Charlotte,
North Carolina
|
+$3.34M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.75M |
| 4 |
Collective Family Office
York,
Pennsylvania
|
+$639K |
| 5 |
Flow Traders U.S.
New York
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.2M |
| 2 |
JP Morgan Chase
New York
|
-$8.18M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.75M |
| 4 |
Goldman Sachs
New York
|
-$2.38M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$237K |
PAAA Hedge Fund Activity: Q1 2024 in Review
17 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in PGIM AAA CLO ETF (PAAA) for Q1 2024, worth a combined $97.3M — down 14% from $113M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PAAA positions and 3 closed out — a net gain of 4 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $6.52M. The largest seller was Morgan Stanley, exiting entirely with an estimated $15.2M sold.
- 17 institutional investors held PGIM AAA CLO ETF (PAAA) as of Q1 2024, up from 13 in Q4 2023.
- Funds reported $97.3M of PGIM AAA CLO ETF stock for Q1 2024, down 14% quarter-over-quarter.
- 7 funds opened new PGIM AAA CLO ETF positions in Q1 2024 and 3 closed out, a net change of +4 holders.
- The largest PGIM AAA CLO ETF buyer in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $6.52M added.
- The largest PGIM AAA CLO ETF seller in Q1 2024 was Morgan Stanley, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2024.