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iShares Preferred and Income Securities ETF

717 hedge funds and large institutions have $6.27B invested in iShares Preferred and Income Securities ETF in 2017 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 258 increasing their positions, 242 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 55

20% more funds holding in top 10

Funds holding in top 10: 4959 (+10)

10% more funds holding

Funds holding: 653717 (+64)

7% more repeat investments, than reductions

Existing positions increased: 258 | Existing positions reduced: 242

1.79% less ownership

Funds ownership: 36.58%34.78% (-1.8%)

8% less capital invested

Capital invested by funds: $6.8B → $6.27B (-$538M)

84% less call options, than puts

Call options by funds: $10.4M | Put options by funds: $63.5M

Holders
717
Holders Change
+64
Holders Change %
+9.8%
% of All Funds
16.26%
Holding in Top 10
59
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+20.41%
% of All Funds
1.34%
New
124
Increased
258
Reduced
242
Closed
55
Calls
$10.4M
Puts
$63.5M
Net Calls
-$53.1M
Net Calls Change
-$10M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$600M +$12M +312,400 +2%
Creative Planning
2
Creative Planning
Kansas
$392M -$14.8M -386,593 -4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$380M -$36.4M -948,193 -9%
Wells Fargo
4
Wells Fargo
California
$337M -$15.3M -398,544 -4%
AB
5
Aozora Bank
Japan
$319M
Morgan Stanley
6
Morgan Stanley
New York
$269M -$26.6M -691,887 -9%
BlackRock
7
BlackRock
New York
$210M -$10.3M -267,001 -5%
LPL Financial
8
LPL Financial
California
$170M +$14.4M +374,434 +9%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$142M +$9.67M +251,898 +7%
JP Morgan Chase
10
JP Morgan Chase
New York
$134M -$74.1M -1,929,847 -35%
UBS Group
11
UBS Group
Switzerland
$123M -$5.14M -133,933 -4%
MFM
12
MD Financial Management
Ontario, Canada
$122M +$123M +3,194,243 New
US Bancorp
13
US Bancorp
Minnesota
$106M -$5.79M -150,816 -5%
Fifth Third Bancorp
14
Fifth Third Bancorp
Ohio
$99.1M +$936K +24,379 +0.9%
KeyBank National Association
15
KeyBank National Association
Ohio
$98.5M -$12.8M -333,412 -11%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$87.1M +$4.94M +128,565 +6%
Northwestern Mutual Wealth Management
17
Northwestern Mutual Wealth Management
Wisconsin
$82.3M -$32.6K -850 -0%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$75.7M +$12.4M +323,684 +19%
Ameriprise
19
Ameriprise
Minnesota
$68.1M +$5.35M +139,465 +8%
OAC
20
OMERS Administration Corp
Ontario, Canada
$62.8M
WBG
21
Wharton Business Group
Pennsylvania
$59.4M +$5.58M +145,285 +10%
IA
22
IndexIQ Advisors
New York
$57.4M +$18.5M +481,825 +47%
AssetMark Inc
23
AssetMark Inc
California
$57.1M -$11.3M -293,645 -16%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$51.7M +$1.49M +38,730 +3%
Goldman Sachs
25
Goldman Sachs
New York
$49.2M -$66M -1,719,376 -57%

PFF Hedge Fund Activity: Q4 2017 in Review

717 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q4 2017, worth a combined $6.27B — down 7.9% from $6.8B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new PFF positions and 55 closed out — a net gain of 69 holders — while 258 added to existing stakes and 242 trimmed.

The largest buyer was Bramshill Investments, opening a new position worth an estimated $33.5M. The largest seller was Citigroup, cutting an estimated $184M.

  • 717 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q4 2017, up from 653 in Q3 2017.
  • Funds reported $6.27B of iShares Preferred and Income Securities ETF stock for Q4 2017, down 7.9% quarter-over-quarter.
  • 124 funds opened new iShares Preferred and Income Securities ETF positions in Q4 2017 and 55 closed out, a net change of +69 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q4 2017 was Bramshill Investments, an estimated $33.5M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q4 2017 was Citigroup, an estimated $184M sold.

Based on aggregated 13F filings for Q4 2017.