iShares Preferred and Income Securities ETF

PFF

Market cap $13.3B

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.