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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
VAS
101
Valicenti Advisory Services
New York
$4.02M +$816K +21,347 +25%
Susquehanna International Group
102
Susquehanna International Group
Pennsylvania
$3.92M +$3.94M +103,084 New
PFC
103
Phocas Financial Corp
California
$3.74M +$567K +14,836 +18%
MFS
104
MSI Financial Services
Massachusetts
$3.59M -$950K -24,857 -21%
CFS
105
Community Financial System
New York
$3.53M +$40.1K +1,050 +1%
RFC
106
Regions Financial Corp
Alabama
$3.46M +$671K +17,560 +24%
FIB
107
First Interstate Bank
Montana
$3.4M -$3.06M -80,049 -47%
JWM
108
Jacobus Wealth Management
Wisconsin
$3.36M -$41.5K -1,085 -1%
1SB
109
1ST Source Bank
Indiana
$3.34M +$3.36M +87,946 New
BC
110
Bartlett & Co
Ohio
$3.29M +$55.3K +1,448 +2%
RIA
111
Regal Investment Advisors
Michigan
$3.19M +$170K +4,454 +6%
NAM
112
Nichols Asset Management
Massachusetts
$3.18M -$2.48K -65 -0.1%
LPT
113
Legacy Private Trust
Wisconsin
$3.17M -$8.21M -214,713 -72%
HFM
114
Hartford Financial Management
Connecticut
$3.14M -$10.3K -270 -0.3%
GCM
115
Graham Capital Management
Connecticut
$3.12M +$3.13M +82,000 New
HW
116
Hancock Whitney
Mississippi
$3.1M -$4.2M -109,949 -57%
SAMC
117
Shinko Asset Management Company
Japan
$3.06M -$19.1K -500 -0.6%
Mirae Asset Global Investments
118
Mirae Asset Global Investments
South Korea
$3.01M +$1.4M +36,700 +86%
HH
119
Hilltop Holdings
Texas
$2.97M +$12.6K +330 +0.4%
AC
120
Alexandria Capital
Virginia
$2.94M -$688K -18,001 -19%
AIM
121
Aspen Investment Management
Michigan
$2.9M -$340K -8,890 -10%
CAN
122
Cetera Advisor Networks
California
$2.89M +$404K +10,583 +16%
NB
123
NBT Bank
New York
$2.82M +$108K +2,822 +4%
TH
124
TCTC Holdings
Texas
$2.73M +$516K +13,500 +23%
JG
125
Jefferies Group
New York
$2.63M +$2.64M +69,129 New

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.