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iShares Preferred and Income Securities ETF

348 hedge funds and large institutions have $3.16B invested in iShares Preferred and Income Securities ETF in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 107 increasing their positions, 170 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.2% less ownership

Funds ownership: 34.29%33.08% (-1.2%)

3% less funds holding

Funds holding: 360348 (-12)

16% less capital invested

Capital invested by funds: $3.76B → $3.16B (-$597M)

21% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 43

29% less funds holding in top 10

Funds holding in top 10: 4230 (-12)

37% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 170

83% less call options, than puts

Call options by funds: $2.11M | Put options by funds: $12.3M

Holders
348
Holders Change
-12
Holders Change %
-3.33%
% of All Funds
11.28%
Holding in Top 10
30
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-28.57%
% of All Funds
0.97%
New
34
Increased
107
Reduced
170
Closed
43
Calls
$2.11M
Puts
$12.3M
Net Calls
-$10.1M
Net Calls Change
+$5.04M
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
26
Thrivent Financial for Lutherans
Minnesota
$25.6M +$2.01M +52,662 +8%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$23.7M +$5.49M +143,513 +30%
QI
28
QS Investors
New York
$22.2M +$6.35M +166,041 +40%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$21.9M -$1.57M -41,155 -7%
SB
30
Suntrust Banks
Georgia
$21.5M +$207K +5,416 +1%
BTS
31
BB&T Securities
Virginia
$21.3M -$1.14M -29,710 -35%
AIA
32
Avalon Investment & Advisory
Texas
$19.7M -$143K -3,750 -0.7%
DJSG
33
D.J. St. Germain
Massachusetts
$19.3M +$110K +2,875 +0.6%
CS
34
Credit Suisse
Switzerland
$18.5M -$1.09M -28,399 -6%
SNC
35
Stifel Nicolaus & Co
Missouri
$16.6M -$181K -4,730 -1%
Goldman Sachs
36
Goldman Sachs
New York
$16.6M -$7.73M -202,339 -32%
MA
37
MUFG Americas
New York
$16.5M +$1.91M +49,937 +13%
Deutsche Bank
38
Deutsche Bank
Germany
$16.3M -$56.3M -1,472,522 -77%
BFG
39
Beacon Financial Group
Texas
$15.3M +$15.4M +403,263 New
RJA
40
Raymond James & Associates
Florida
$14.1M -$6.25M -163,561 -31%
EMA
41
Efficient Market Advisors
California
$13.2M +$1.67M +43,694 +14%
V
42
Veritable
Delaware
$12.3M -$1.81M -47,335 -13%
IT
43
Investors Trust
Texas
$12.1M +$21.6K +565 +0.2%
IAS
44
IMA Advisory Services
Colorado
$12M +$845K +22,110 +7%
GW
45
GW & Wade
Massachusetts
$11.2M -$1.51M -39,620 -12%
FAAS
46
First Allied Advisory Services
California
$11.2M +$2.28M +59,660 +25%
IC
47
Iconiq Capital
California
$11.1M +$11.1M +291,521 New
PPA
48
Parametric Portfolio Associates
Washington
$11M +$449K +11,739 +4%
LTFS
49
Ladenburg Thalmann Financial Services
Florida
$11M -$3.09M -80,747 -22%
William Blair & Company
50
William Blair & Company
Illinois
$10.7M -$1.44M -37,730 -12%

PFF Hedge Fund Activity: Q3 2013 in Review

348 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2013, worth a combined $3.16B — down 16% from $3.76B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of PFF and 34 opened new positions — a net loss of 9 holders — while 170 trimmed existing stakes and 107 added.

The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $8.26M. The largest seller was Deutsche Bank, cutting an estimated $56.3M.

  • 348 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2013, down from 360 in Q2 2013.
  • Funds reported $3.16B of iShares Preferred and Income Securities ETF stock for Q3 2013, down 16% quarter-over-quarter.
  • 34 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2013 and 43 closed out, a net change of -9 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q3 2013 was Janney Montgomery Scott, an estimated $8.26M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q3 2013 was Deutsche Bank, an estimated $56.3M sold.

Based on aggregated 13F filings for Q3 2013.