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iShares Preferred and Income Securities ETF

465 hedge funds and large institutions have $4.02B invested in iShares Preferred and Income Securities ETF in 2014 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 221 increasing their positions, 99 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

252% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 25

123% more repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 99

39% more funds holding in top 10

Funds holding in top 10: 3143 (+12)

14% more funds holding

Funds holding: 409465 (+56)

10% more capital invested

Capital invested by funds: $3.66B → $4.02B (+$361M)

0.56% less ownership

Funds ownership: 34.97%34.41% (-0.56%)

96% less call options, than puts

Call options by funds: $461K | Put options by funds: $11.3M

Holders
465
Holders Change
+56
Holders Change %
+13.69%
% of All Funds
12.4%
Holding in Top 10
43
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+38.71%
% of All Funds
1.15%
New
88
Increased
221
Reduced
99
Closed
25
Calls
$461K
Puts
$11.3M
Net Calls
-$10.8M
Net Calls Change
+$15.8M
Name Holding Trade Value Shares
Change
Change in
Stake
PWAG
26
Polaris Wealth Advisory Group
California
$21.7M +$343K +8,681 +2%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$21.4M +$2.29M +57,837 +12%
AIA
28
Avalon Investment & Advisory
Texas
$20.2M +$355K +8,969 +2%
CS
29
Credit Suisse
Switzerland
$19.7M +$4.32M +109,192 +28%
Bank of Montreal
30
Bank of Montreal
Ontario, Canada
$19.6M +$1.54M +38,938 +9%
BTS
31
BB&T Securities
Virginia
$19.1M +$62.5K +1,580 +3%
Wellington Management Group
32
Wellington Management Group
Massachusetts
$19.1M +$19.1M +483,000 New
NIMC
33
NWQ Investment Management Company
California
$18.8M +$18.9M +477,200 New
Franklin Resources
34
Franklin Resources
California
$18.6M +$95.5K +2,415 +0.5%
B
35
Baird
Wisconsin
$18.5M +$141K +3,566 +0.8%
MA
36
MUFG Americas
New York
$17.1M +$1.34M +33,775 +8%
ICM
37
ISZO Capital Management
New York
$16.8M +$16.8M +425,700 New
FF
38
Friedenthal Financial
New Jersey
$14.9M +$6.28M +158,749 +72%
RJA
39
Raymond James & Associates
Florida
$14.9M +$4.52M +114,272 +43%
EWM
40
Edge Wealth Management
New York
$14.8M +$2.95M +74,682 +25%
LTFS
41
Ladenburg Thalmann Financial Services
Florida
$14.4M +$3.11M +78,765 +28%
FAAM
42
First Allied Asset Management
California
$13.9M -$181K -4,572 -1%
Stifel Financial
43
Stifel Financial
Missouri
$13.6M +$2.16M +54,587 +19%
AssetMark Inc
44
AssetMark Inc
California
$13.2M +$888K +22,457 +7%
BFG
45
Beacon Financial Group
Texas
$13M +$329K +8,331 +3%
SGAM
46
Steinberg Global Asset Management
Florida
$12.8M +$687K +17,380 +6%
Citigroup
47
Citigroup
New York
$12.8M +$3.23M +81,673 +34%
CCG
48
Chatham Capital Group
Georgia
$12.5M +$12.5M +315,915 New
NA
49
Nottingham Advisors
New York
$12.2M +$12.2M +307,552 New
Deutsche Bank
50
Deutsche Bank
Germany
$11.8M +$1.98M +50,141 +20%

PFF Hedge Fund Activity: Q4 2014 in Review

465 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q4 2014, worth a combined $4.02B — up 9.8% from $3.66B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new PFF positions and 25 closed out — a net gain of 63 holders — while 221 added to existing stakes and 99 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $43.2M. The largest seller was Bank of America, cutting an estimated $75.3M.

  • 465 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q4 2014, up from 409 in Q3 2014.
  • Funds reported $4.02B of iShares Preferred and Income Securities ETF stock for Q4 2014, up 9.8% quarter-over-quarter.
  • 88 funds opened new iShares Preferred and Income Securities ETF positions in Q4 2014 and 25 closed out, a net change of +63 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q4 2014 was Morgan Stanley, an estimated $43.2M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q4 2014 was Bank of America, an estimated $75.3M sold.

Based on aggregated 13F filings for Q4 2014.