iShares Preferred and Income Securities ETF
403 hedge funds and large institutions have $3.35B invested in iShares Preferred and Income Securities ETF in 2014 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 175 increasing their positions, 121 reducing their positions, and 27 closing their positions.
93% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 27
45% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 121
14% more capital invested
Capital invested by funds: $2.95B → $3.35B (+$403M)
6% more funds holding
Funds holding: 380 → 403 (+23)
0.72% more ownership
Funds ownership: 32.44% → 33.16% (+0.72%)
3% less funds holding in top 10
Funds holding in top 10: 33 → 32 (-1)
96% less call options, than puts
Call options by funds: $459K | Put options by funds: $12.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$171M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$38.2M |
| 3 |
CC
Curian Capital
Denver,
Colorado
|
+$28.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$27.9M |
| 5 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$72M |
| 2 |
Morgan Stanley
New York
|
-$17.8M |
| 3 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
-$13.6M |
| 4 |
Goldman Sachs
New York
|
-$10.3M |
| 5 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$7.48M |
PFF Hedge Fund Activity: Q2 2014 in Review
403 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q2 2014, worth a combined $3.35B — up 14% from $2.95B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PFF positions and 27 closed out — a net gain of 25 holders — while 175 added to existing stakes and 121 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $171M. The largest seller was Credit Suisse, cutting an estimated $72M.
- 403 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q2 2014, up from 380 in Q1 2014.
- Funds reported $3.35B of iShares Preferred and Income Securities ETF stock for Q2 2014, up 14% quarter-over-quarter.
- 52 funds opened new iShares Preferred and Income Securities ETF positions in Q2 2014 and 27 closed out, a net change of +25 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q2 2014 was Fidelity Investments, an estimated $171M added.
- The largest iShares Preferred and Income Securities ETF seller in Q2 2014 was Credit Suisse, an estimated $72M sold.
Based on aggregated 13F filings for Q2 2014.