iShares Preferred and Income Securities ETF
380 hedge funds and large institutions have $2.96B invested in iShares Preferred and Income Securities ETF in 2014 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 144 increasing their positions, 156 reducing their positions, and 21 closing their positions.
86% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 21
10% more funds holding in top 10
Funds holding in top 10: 30 → 33 (+3)
9% more capital invested
Capital invested by funds: $2.73B → $2.96B (+$235M)
5% more funds holding
Funds holding: 362 → 380 (+18)
0.31% more ownership
Funds ownership: 32.12% → 32.44% (+0.31%)
8% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 156
87% less call options, than puts
Call options by funds: $1.62M | Put options by funds: $12.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$69.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$38.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.6M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$15.1M |
| 5 |
TAG
Tactical Allocation Group
Birmingham,
Michigan
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$24.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$21.2M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$18.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$17.2M |
| 5 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$16.9M |
PFF Hedge Fund Activity: Q1 2014 in Review
380 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q1 2014, worth a combined $2.96B — up 8.6% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PFF positions and 21 closed out — a net gain of 18 holders — while 144 added to existing stakes and 156 trimmed.
The largest buyer was Credit Suisse, adding an estimated $69.2M. The largest seller was Stephens Inc, exiting entirely with an estimated $24.1M sold.
- 380 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q1 2014, up from 362 in Q4 2013.
- Funds reported $2.96B of iShares Preferred and Income Securities ETF stock for Q1 2014, up 8.6% quarter-over-quarter.
- 39 funds opened new iShares Preferred and Income Securities ETF positions in Q1 2014 and 21 closed out, a net change of +18 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q1 2014 was Credit Suisse, an estimated $69.2M added.
- The largest iShares Preferred and Income Securities ETF seller in Q1 2014 was Stephens Inc, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2014.