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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
HNB
51
Huntington National Bank
Ohio
$10.4M
SGAM
52
Steinberg Global Asset Management
Florida
$10.3M +$375K +9,812 +4%
PWM
53
Patriot Wealth Management
Texas
$10.2M -$1.26M -33,039 -11%
DG
54
Davidson & Garrard
Virginia
$9.97M +$783K +20,481 +8%
JIP
55
Jaffetilchin Investment Partners
Florida
$9.36M +$566K +14,820 +6%
FA
56
FDx Advisors
Illinois
$9.22M -$517K -13,524 -5%
AIG
57
American International Group
New York
$8.94M +$540K +14,127 +6%
Citigroup
58
Citigroup
New York
$8.85M +$669K +17,504 +8%
HSBC Holdings
59
HSBC Holdings
United Kingdom
$8.24M -$3M -78,416 -27%
FAAM
60
First Allied Asset Management
California
$8.23M -$273K -7,135 -3%
Janney Montgomery Scott
61
Janney Montgomery Scott
Pennsylvania
$8.21M +$8.26M +216,018 New
Bank of New York Mellon
62
Bank of New York Mellon
New York
$8.15M -$11.9M -312,348 -59%
SMA
63
Simply Money Advisors
Ohio
$8.12M -$2.97M -77,793 -27%
MAM
64
Marquette Asset Management
Minnesota
$8.05M +$624K +16,323 +8%
PNC Financial Services Group
65
PNC Financial Services Group
Pennsylvania
$7.78M -$2.02M -52,872 -21%
KIA
66
KCM Investment Advisors
California
$7.75M -$1.06M -27,767 -12%
AssetMark Inc
67
AssetMark Inc
California
$7.67M +$7.71M +201,738 New
WCM
68
Windsor Capital Management
Arizona
$7.12M +$172K +4,509 +2%
AI
69
Atria Investments
North Carolina
$7.02M +$720K +18,835 +11%
HF
70
Hoxton Financial
West Virginia
$6.99M -$39.3K -1,029 -0.6%
BAM
71
Banta Asset Management
California
$6.94M -$186K -4,875 -3%
ICOA
72
Investment Centers of America
North Dakota
$6.66M +$1.48M +38,688 +28%
MCM
73
Manchester Capital Management
Vermont
$6.49M +$855K +22,367 +15%
BWAM
74
Boyd Watterson Asset Management
Ohio
$6.46M +$180K +4,710 +3%
FBB
75
Fulton Breakefield Broenniman
Maryland
$6.28M +$281K +7,353 +5%

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.