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PBFR

PGIM Laddered S&P 500 Buffer 20 ETF

24 hedge funds and large institutions have $70.4M invested in PGIM Laddered S&P 500 Buffer 20 ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

333% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 3

32% more capital invested

Capital invested by funds: $53.4M → $70.4M (+$17M)

20% more funds holding

Funds holding: 2024 (+4)

3.48% more ownership

Funds ownership: 85.06%88.54% (+3.5%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
24
Holders Change
+4
Holders Change %
+20%
% of All Funds
0.29%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
5
Increased
13
Reduced
3
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BF
1
Brucke Financial
Indiana
$18.4M +$510K +17,668 +3%
VT
2
Vise Technologies
New York
$17.4M +$746K +25,876 +5%
FCG
3
Financial Connections Group
California
$9.75M +$630K +21,841 +7%
FWM
4
Foguth Wealth Management
Michigan
$5.3M +$5.23M +181,241 New
BPW
5
BLVD Private Wealth
Kentucky
$4.44M +$1.16M +40,382 +36%
AFA
6
AA Financial Advisors
Ohio
$2.63M +$2.59M +89,839 New
Raymond James Financial
7
Raymond James Financial
Florida
$1.97M +$1.12M +38,670 +134%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$1.65M +$154K +5,338 +10%
AIA
9
AssuredPartners Investment Advisors
Florida
$1.64M +$1.3M +45,070 +406%
LIWM
10
Long Island Wealth Management
New York
$1.05M +$16.2K +560 +2%
CA
11
Claro Advisors
Massachusetts
$854K +$561K +19,446 +199%
BCM
12
BluePath Capital Management
Georgia
$742K +$732K +25,381 New
DFA
13
DHJJ Financial Advisors
Illinois
$722K +$89.8K +3,115 +14%
CF
14
Centaurus Financial
California
$562K +$99.4K +3,445 +22%
SPIA
15
Steward Partners Investment Advisory
New York
$521K -$9.86K -342 -2%
KPWS
16
Kestra Private Wealth Services
Texas
$497K
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$461K +$393K +13,642 +640%
CAG
18
Compass Advisory Group
New York
$393K
OIA
19
OneDigital Investment Advisors
Kansas
$389K +$384K +13,300 New
OMC
20
Old Mission Capital
Illinois
$336K -$163K -5,659 -33%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$272K +$34.7K +1,203 +15%
EFG
22
Ehrlich Financial Group
California
$205K +$202K +7,021 New
HI
23
Harbour Investments
Wisconsin
$130K
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$32.2K -$461 -16 -1%
ASN
25
Advisory Services Network
Georgia
-$44.4K -1,552 Closed

PBFR Hedge Fund Activity: Q4 2025 in Review

24 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) for Q4 2025, worth a combined $70.4M — up 32% from $53.4M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new PBFR positions and 1 closed out — a net gain of 4 holders — while 13 added to existing stakes and 3 trimmed.

The largest buyer was AA Financial Advisors, opening a new position worth an estimated $2.59M. The largest seller was Old Mission Capital, cutting an estimated $163K.

  • 24 institutional investors held PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) as of Q4 2025, up from 20 in Q3 2025.
  • Funds reported $70.4M of PGIM Laddered S&P 500 Buffer 20 ETF stock for Q4 2025, up 32% quarter-over-quarter.
  • 5 funds opened new PGIM Laddered S&P 500 Buffer 20 ETF positions in Q4 2025 and 1 closed out, a net change of +4 holders.
  • The largest PGIM Laddered S&P 500 Buffer 20 ETF buyer in Q4 2025 was AA Financial Advisors, an estimated $2.59M added.
  • The largest PGIM Laddered S&P 500 Buffer 20 ETF seller in Q4 2025 was Old Mission Capital, an estimated $163K sold.

Based on aggregated 13F filings for Q4 2025.