iShares Preferred and Income Securities ETF
611 hedge funds and large institutions have $5.91B invested in iShares Preferred and Income Securities ETF in 2016 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 200 increasing their positions, 229 reducing their positions, and 65 closing their positions.
78% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 65
8% more funds holding
Funds holding: 567 → 611 (+44)
0.93% more ownership
Funds ownership: 34.37% → 35.3% (+0.93%)
4% less capital invested
Capital invested by funds: $6.12B → $5.91B (-$215M)
13% less repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 229
15% less funds holding in top 10
Funds holding in top 10: 53 → 45 (-8)
84% less call options, than puts
Call options by funds: $7.76M | Put options by funds: $47.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$117M |
| 2 |
Citigroup
New York
|
+$89.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.1M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$79.3M |
| 5 |
CFG
CNO Financial Group
Carmel,
Indiana
|
+$34.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$96.1M |
| 2 |
AssetMark Inc
Concord,
California
|
-$50.2M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$48.1M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$40.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$27.9M |
PFF Hedge Fund Activity: Q4 2016 in Review
611 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q4 2016, worth a combined $5.91B — down 3.5% from $6.12B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new PFF positions and 65 closed out — a net gain of 51 holders — while 200 added to existing stakes and 229 trimmed.
The largest buyer was Ameriprise, adding an estimated $117M. The largest seller was Bank of America, cutting an estimated $96.1M.
- 611 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q4 2016, up from 567 in Q3 2016.
- Funds reported $5.91B of iShares Preferred and Income Securities ETF stock for Q4 2016, down 3.5% quarter-over-quarter.
- 116 funds opened new iShares Preferred and Income Securities ETF positions in Q4 2016 and 65 closed out, a net change of +51 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q4 2016 was Ameriprise, an estimated $117M added.
- The largest iShares Preferred and Income Securities ETF seller in Q4 2016 was Bank of America, an estimated $96.1M sold.
Based on aggregated 13F filings for Q4 2016.