iShares Preferred and Income Securities ETF
409 hedge funds and large institutions have $3.66B invested in iShares Preferred and Income Securities ETF in 2014 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 170 increasing their positions, 145 reducing their positions, and 23 closing their positions.
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
17% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 145
9% more capital invested
Capital invested by funds: $3.37B → $3.66B (+$297M)
1.81% more ownership
Funds ownership: 33.16% → 34.97% (+1.8%)
1% more funds holding
Funds holding: 403 → 409 (+6)
3% less funds holding in top 10
Funds holding in top 10: 32 → 31 (-1)
95% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $27.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$211M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$109M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$59.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$17.3M |
| 5 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$25M |
| 2 |
MSWM
Mader & Shannon Wealth Management
Kansas City,
Missouri
|
-$23.6M |
| 3 |
TAG
Tactical Allocation Group
Birmingham,
Michigan
|
-$22.9M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$18.3M |
| 5 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$17.2M |
PFF Hedge Fund Activity: Q3 2014 in Review
409 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2014, worth a combined $3.66B — up 8.8% from $3.37B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PFF positions and 23 closed out — a net gain of 8 holders — while 170 added to existing stakes and 145 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $211M. The largest seller was Royal Bank of Canada, cutting an estimated $25M.
- 409 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2014, up from 403 in Q2 2014.
- Funds reported $3.66B of iShares Preferred and Income Securities ETF stock for Q3 2014, up 8.8% quarter-over-quarter.
- 31 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2014 and 23 closed out, a net change of +8 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q3 2014 was Fidelity Investments, an estimated $211M added.
- The largest iShares Preferred and Income Securities ETF seller in Q3 2014 was Royal Bank of Canada, an estimated $25M sold.
Based on aggregated 13F filings for Q3 2014.