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iShares Preferred and Income Securities ETF

465 hedge funds and large institutions have $4.02B invested in iShares Preferred and Income Securities ETF in 2014 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 221 increasing their positions, 99 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

252% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 25

123% more repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 99

39% more funds holding in top 10

Funds holding in top 10: 3143 (+12)

14% more funds holding

Funds holding: 409465 (+56)

10% more capital invested

Capital invested by funds: $3.66B → $4.02B (+$361M)

0.56% less ownership

Funds ownership: 34.97%34.41% (-0.56%)

96% less call options, than puts

Call options by funds: $461K | Put options by funds: $11.3M

Holders
465
Holders Change
+56
Holders Change %
+13.69%
% of All Funds
12.4%
Holding in Top 10
43
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+38.71%
% of All Funds
1.15%
New
88
Increased
221
Reduced
99
Closed
25
Calls
$461K
Puts
$11.3M
Net Calls
-$10.8M
Net Calls Change
+$15.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$323M -$58.4M -1,477,272 -15%
Bank of America
2
Bank of America
North Carolina
$311M -$75.3M -1,904,253 -19%
Wells Fargo
3
Wells Fargo
California
$270M +$16.3M +411,604 +6%
Morgan Stanley
4
Morgan Stanley
New York
$230M +$43.2M +1,093,912 +23%
Creative Planning
5
Creative Planning
Kansas
$176M +$22.9M +579,185 +15%
Ameriprise
6
Ameriprise
Minnesota
$145M +$31.3M +792,449 +28%
LPL Financial
7
LPL Financial
California
$127M +$13.1M +331,550 +11%
CC
8
Curian Capital
Colorado
$104M +$22.9M +578,091 +28%
UBS Group
9
UBS Group
Switzerland
$99.2M +$99.4M +2,515,304 New
US Bancorp
10
US Bancorp
Minnesota
$96.9M +$13.7M +347,217 +16%
KeyBank National Association
11
KeyBank National Association
Ohio
$96.6M +$3.68M +93,149 +4%
BlackRock
12
BlackRock
New York
$88.8M +$4.34M +109,828 +5%
Fifth Third Bancorp
13
Fifth Third Bancorp
Ohio
$79.9M +$1.82M +45,933 +2%
BIM
14
BlackRock Investment Management
Delaware
$71.8M -$1.19M -30,005 -2%
BA
15
BlackRock Advisors
Delaware
$69.8M +$758K +19,171 +1%
WI
16
WBI Investments
New Jersey
$69.1M +$9.42M +238,184 +16%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$68.9M +$19.3M +488,341 +39%
QI
18
QS Investors
New York
$61.1M +$599K +15,141 +1%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$54.9M +$4.59M +116,062 +9%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$53.6M +$7.51M +189,924 +16%
FMLI
21
Fukoku Mutual Life Insurance
Japan
$44.8M
Bank of New York Mellon
22
Bank of New York Mellon
New York
$40.5M +$14.4M +364,150 +55%
MSWM
23
Mader & Shannon Wealth Management
Missouri
$32.7M +$32.8M +828,541 New
WBG
24
Wharton Business Group
Pennsylvania
$31.2M +$1.84M +46,595 +6%
JIP
25
Jaffetilchin Investment Partners
Florida
$25M +$6.44M +162,883 +35%

PFF Hedge Fund Activity: Q4 2014 in Review

465 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q4 2014, worth a combined $4.02B — up 9.8% from $3.66B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new PFF positions and 25 closed out — a net gain of 63 holders — while 221 added to existing stakes and 99 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $43.2M. The largest seller was Bank of America, cutting an estimated $75.3M.

  • 465 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q4 2014, up from 409 in Q3 2014.
  • Funds reported $4.02B of iShares Preferred and Income Securities ETF stock for Q4 2014, up 9.8% quarter-over-quarter.
  • 88 funds opened new iShares Preferred and Income Securities ETF positions in Q4 2014 and 25 closed out, a net change of +63 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q4 2014 was Morgan Stanley, an estimated $43.2M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q4 2014 was Bank of America, an estimated $75.3M sold.

Based on aggregated 13F filings for Q4 2014.