PGIM Laddered S&P 500 Buffer 20 ETF
PBFR
14 hedge funds and large institutions have $44.7M invested in PGIM Laddered S&P 500 Buffer 20 ETF in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 4 closing their positions.
488% more capital inflows, than outflows
Capital inflows: $30.9M | Capital outflows: $5.25M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39.12% more ownership
Funds ownership: 44.27% → 83.39% (+39%)
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brucke Financial
Indianapolis,
Indiana
|
+$15.2M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$547K |
| 3 |
Financial Connections Group
Corte Madera,
California
|
+$512K |
| 4 |
Kestra Private Wealth Services
Austin,
Texas
|
+$450K |
| 5 |
Steward Partners Investment Advisory
New York
|
+$34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Long Island Wealth Management
Melville,
New York
|
-$3.53M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.06M |
| 3 |
BFCFSI
BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC.
Cedar Rapids,
Iowa
|
-$170K |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$152K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$122K |
PBFR Hedge Fund Activity: Q2 2025 in Review
14 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) for Q2 2025, worth a combined $44.7M — up 163% from $17M a quarter earlier.
Fund positioning in PBFR was balanced in Q2 2025: 4 funds opened new positions, 4 closed out, 4 added to existing stakes and 4 trimmed.
The largest buyer was Brucke Financial, opening a new position worth an estimated $15.2M. The largest seller was Long Island Wealth Management, cutting an estimated $3.53M.
- 14 institutional investors held PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $44.7M of PGIM Laddered S&P 500 Buffer 20 ETF stock for Q2 2025, up 163% quarter-over-quarter.
- 4 funds opened new PGIM Laddered S&P 500 Buffer 20 ETF positions in Q2 2025 and 4 closed out, a net change of 0 holders.
- The largest PGIM Laddered S&P 500 Buffer 20 ETF buyer in Q2 2025 was Brucke Financial, an estimated $15.2M added.
- The largest PGIM Laddered S&P 500 Buffer 20 ETF seller in Q2 2025 was Long Island Wealth Management, an estimated $3.53M sold.
Based on aggregated 13F filings for Q2 2025.