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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.

New
Increased
Maintained
Reduced
Closed

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: 705692 (-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: 4841 (-7)

96% less call options, than puts

Call options by funds: $2.07M | Put options by funds: $54.4M

Holders
692
Holders Change
-13
Holders Change %
-1.84%
% of All Funds
15.82%
Holding in Top 10
41
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-14.58%
% of All Funds
0.94%
New
53
Increased
242
Reduced
268
Closed
62
Calls
$2.07M
Puts
$54.4M
Net Calls
-$52.4M
Net Calls Change
+$3.11M
Name Holding Trade Value Shares
Change
Change in
Stake
SMFG
26
Sumitomo Mitsui Financial Group
Japan
$37.3M -$289K -7,691 -0.8%
SI
27
Stephens Inc
Arkansas
$36.5M -$5.42M -144,425 -13%
UCFA
28
United Capital Financial Advisors
Texas
$34.1M +$28.4M +757,834 +474%
CFG
29
CNO Financial Group
Indiana
$33.3M
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$32.8M -$2.25M -59,883 -6%
RJFSA
31
Raymond James Financial Services Advisors
Florida
$31.6M +$613K +16,346 +2%
PL
32
Protective Life
Alabama
$31.4M +$31.7M +845,415 New
MML Investors Services
33
MML Investors Services
Massachusetts
$29.4M +$10.1M +269,641 +52%
Janus Henderson Group
34
Janus Henderson Group
United Kingdom
$29.3M +$8.44M +225,000 +40%
CI
35
Conning Inc
Connecticut
$29M
PP
36
PagnatoKarp Partners
Virginia
$25.8M -$945K -25,180 -3%
Bank of Montreal
37
Bank of Montreal
Ontario, Canada
$25.5M +$764K +20,359 +3%
RJA
38
Raymond James & Associates
Florida
$25.4M +$1.19M +31,739 +5%
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$25.2M +$3.89M +103,786 +18%
Bank of New York Mellon
40
Bank of New York Mellon
New York
$24.4M -$1.17M -31,301 -5%
SAS
41
Sage Advisory Services
Texas
$24.3M -$426K -11,363 -2%
CAPTRUST Financial Advisors
42
CAPTRUST Financial Advisors
North Carolina
$23.6M +$393K +10,474 +2%
Deutsche Bank
43
Deutsche Bank
Germany
$22.9M +$950K +25,326 +4%
Baird Financial Group
44
Baird Financial Group
Wisconsin
$21.8M +$685K +18,248 +3%
Janney Montgomery Scott
45
Janney Montgomery Scott
Pennsylvania
$20.8M +$977K +26,053 +5%
AIA
46
Avalon Investment & Advisory
Texas
$19.8M -$1.82M -48,638 -8%
AG
47
Advisor Group
Arizona
$19.7M +$6.01M +160,303 +43%
Stifel Financial
48
Stifel Financial
Missouri
$19.5M -$215K -5,730 -1%
OAC
49
OMERS Administration Corp
Ontario, Canada
$19.5M
SF
50
Synovus Financial
Georgia
$19.4M +$2.01M +53,452 +11%

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.