PGIM US Large-Cap Buffer 20 ETF - November
PBNV
14 hedge funds and large institutions have $19.8M invested in PGIM US Large-Cap Buffer 20 ETF - November in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
171% more capital invested
Capital invested by funds: $7.32M → $19.8M (+$12.5M)
100% more funds holding
Funds holding: 7 → 14 (+7)
7.76% more ownership
Funds ownership: 74.51% → 82.27% (+7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSA
Jim Saulnier & Associates
Fort Collins,
Colorado
|
+$2.51M |
| 2 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$2.19M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$1.55M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.22M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$601K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$873 |
PBNV Hedge Fund Activity: Q4 2025 in Review
14 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in PGIM US Large-Cap Buffer 20 ETF - November (PBNV) for Q4 2025, worth a combined $19.8M — up 171% from $7.32M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PBNV positions and 1 closed out — a net gain of 7 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Jim Saulnier & Associates, adding an estimated $2.51M. The largest seller was Old Mission Capital, exiting entirely with an estimated $601K sold.
- 14 institutional investors held PGIM US Large-Cap Buffer 20 ETF - November (PBNV) as of Q4 2025, up from 7 in Q3 2025.
- Funds reported $19.8M of PGIM US Large-Cap Buffer 20 ETF - November stock for Q4 2025, up 171% quarter-over-quarter.
- 8 funds opened new PGIM US Large-Cap Buffer 20 ETF - November positions in Q4 2025 and 1 closed out, a net change of +7 holders.
- The largest PGIM US Large-Cap Buffer 20 ETF - November buyer in Q4 2025 was Jim Saulnier & Associates, an estimated $2.51M added.
- The largest PGIM US Large-Cap Buffer 20 ETF - November seller in Q4 2025 was Old Mission Capital, an estimated $601K sold.
Based on aggregated 13F filings for Q4 2025.