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iShares Preferred and Income Securities ETF

692 hedge funds and large institutions have $6.27B invested in iShares Preferred and Income Securities ETF in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 242 increasing their positions, 268 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $5.94B → $6.27B (+$335M)

0.28% more ownership

Funds ownership: 36.07%36.35% (+0.28%)

10% less repeat investments, than reductions

Existing positions increased: 242 | Existing positions reduced: 268

2% less funds holding

Funds holding: 705692 (-13)

15% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 62

15% less funds holding in top 10

Funds holding in top 10: 4841 (-7)

96% less call options, than puts

Call options by funds: $2.07M | Put options by funds: $54.4M

Holders
692
Holders Change
-13
Holders Change %
-1.84%
% of All Funds
15.82%
Holding in Top 10
41
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-14.58%
% of All Funds
0.94%
New
53
Increased
242
Reduced
268
Closed
62
Calls
$2.07M
Puts
$54.4M
Net Calls
-$52.4M
Net Calls Change
+$3.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$558M +$81.5K +2,172 +0%
JP Morgan Chase
2
JP Morgan Chase
New York
$404M +$399M +10,646,948 +4,736%
Ameriprise
3
Ameriprise
Minnesota
$362M +$10.2M +272,602 +12%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$339M -$11.2M -298,598 -3%
AB
5
Aozora Bank
Japan
$311M
Wells Fargo
6
Wells Fargo
California
$275M +$12.2M +324,821 +5%
Morgan Stanley
7
Morgan Stanley
New York
$213M -$7.95M -212,004 -4%
BlackRock
8
BlackRock
New York
$188M -$8.82M -235,101 -4%
LPL Financial
9
LPL Financial
California
$167M +$4.46M +118,949 +3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$165M +$34.4M +916,941 +26%
Creative Planning
11
Creative Planning
Kansas
$164M -$79.8M -2,126,071 -33%
MFM
12
MD Financial Management
Ontario, Canada
$126M -$408K -10,880 -0.3%
UBS Group
13
UBS Group
Switzerland
$106M +$913K +24,324 +0.9%
US Bancorp
14
US Bancorp
Minnesota
$106M +$1.51M +40,355 +1%
Goldman Sachs
15
Goldman Sachs
New York
$91.8M -$128M -3,410,747 -58%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$90.1M +$27.2M +725,934 +43%
KeyBank National Association
17
KeyBank National Association
Ohio
$87.7M -$1.75M -46,648 -2%
Fifth Third Bancorp
18
Fifth Third Bancorp
Ohio
$82.7M -$677K -18,046 -0.8%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$73.7M +$1.04M +27,674 +1%
Cohen & Steers
20
Cohen & Steers
New York
$73.7M -$147M -3,907,521 -66%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$69.4M -$5.14M -137,026 -7%
WBG
22
Wharton Business Group
Pennsylvania
$59M -$41.6K -1,110 -0.1%
AssetMark Inc
23
AssetMark Inc
California
$44.5M -$11.4M -303,380 -20%
SB
24
Suntrust Banks
Georgia
$43.7M +$2.55M +68,015 +6%
FMLI
25
Fukoku Mutual Life Insurance
Japan
$42.1M

PFF Hedge Fund Activity: Q3 2018 in Review

692 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2018, worth a combined $6.27B — up 5.6% from $5.94B a quarter earlier.

Sellers outnumbered buyers: 62 funds closed out of PFF and 53 opened new positions — a net loss of 9 holders — while 268 trimmed existing stakes and 242 added.

The largest buyer was JP Morgan Chase, adding an estimated $399M. The largest seller was Cohen & Steers, cutting an estimated $147M.

  • 692 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2018, down from 705 in Q2 2018.
  • Funds reported $6.27B of iShares Preferred and Income Securities ETF stock for Q3 2018, up 5.6% quarter-over-quarter.
  • 53 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2018 and 62 closed out, a net change of -9 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q3 2018 was JP Morgan Chase, an estimated $399M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q3 2018 was Cohen & Steers, an estimated $147M sold.

Based on aggregated 13F filings for Q3 2018.