iShares Preferred and Income Securities ETF
692 hedge funds and large institutions have $6.27B invested in iShares Preferred and Income Securities ETF in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 242 increasing their positions, 268 reducing their positions, and 62 closing their positions.
6% more capital invested
Capital invested by funds: $5.94B → $6.27B (+$335M)
0.28% more ownership
Funds ownership: 36.07% → 36.35% (+0.28%)
10% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 268
2% less funds holding
Funds holding: 705 → 692 (-13)
15% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 62
15% less funds holding in top 10
Funds holding in top 10: 48 → 41 (-7)
96% less call options, than puts
Call options by funds: $2.07M | Put options by funds: $54.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$399M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$34.4M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$28.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.2M |
| 5 |
BAM
Brave Asset Management
Summit,
New Jersey
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$147M |
| 2 |
Goldman Sachs
New York
|
-$128M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$79.8M |
| 4 |
Jane Street
New York
|
-$21.5M |
| 5 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$17.7M |
PFF Hedge Fund Activity: Q3 2018 in Review
692 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2018, worth a combined $6.27B — up 5.6% from $5.94B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PFF and 53 opened new positions — a net loss of 9 holders — while 268 trimmed existing stakes and 242 added.
The largest buyer was JP Morgan Chase, adding an estimated $399M. The largest seller was Cohen & Steers, cutting an estimated $147M.
- 692 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2018, down from 705 in Q2 2018.
- Funds reported $6.27B of iShares Preferred and Income Securities ETF stock for Q3 2018, up 5.6% quarter-over-quarter.
- 53 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2018 and 62 closed out, a net change of -9 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q3 2018 was JP Morgan Chase, an estimated $399M added.
- The largest iShares Preferred and Income Securities ETF seller in Q3 2018 was Cohen & Steers, an estimated $147M sold.
Based on aggregated 13F filings for Q3 2018.