iShares Preferred and Income Securities ETF
569 hedge funds and large institutions have $6.21B invested in iShares Preferred and Income Securities ETF in 2016 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 290 increasing their positions, 148 reducing their positions, and 38 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 290 | Existing positions reduced: 148
42% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 38
12% more capital invested
Capital invested by funds: $5.55B → $6.21B (+$659M)
4% more funds holding in top 10
Funds holding in top 10: 51 → 53 (+2)
1% more funds holding
Funds holding: 561 → 569 (+8)
0.43% more ownership
Funds ownership: 34.41% → 34.83% (+0.43%)
87% less call options, than puts
Call options by funds: $4.32M | Put options by funds: $32.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$107M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$88.3M |
| 3 |
Citigroup
New York
|
+$82.8M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$68.8M |
| 5 |
Morgan Stanley
New York
|
+$44.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
-$37.1M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$21.1M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$16M |
| 4 |
BFG
Beacon Financial Group
Dallas,
Texas
|
-$15.4M |
| 5 |
JP Morgan Chase
New York
|
-$14.7M |
PFF Hedge Fund Activity: Q3 2016 in Review
569 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2016, worth a combined $6.21B — up 12% from $5.55B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PFF positions and 38 closed out — a net gain of 16 holders — while 290 added to existing stakes and 148 trimmed.
The largest buyer was Bank of America, adding an estimated $107M. The largest seller was Manchester Capital Management, cutting an estimated $37.1M.
- 569 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2016, up from 561 in Q2 2016.
- Funds reported $6.21B of iShares Preferred and Income Securities ETF stock for Q3 2016, up 12% quarter-over-quarter.
- 54 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2016 and 38 closed out, a net change of +16 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q3 2016 was Bank of America, an estimated $107M added.
- The largest iShares Preferred and Income Securities ETF seller in Q3 2016 was Manchester Capital Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q3 2016.