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iShares Preferred and Income Securities ETF

743 hedge funds and large institutions have $5.89B invested in iShares Preferred and Income Securities ETF in 2019 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 312 increasing their positions, 226 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 52

38% more repeat investments, than reductions

Existing positions increased: 312 | Existing positions reduced: 226

10% more capital invested

Capital invested by funds: $5.38B → $5.89B (+$513M)

3% more funds holding in top 10

Funds holding in top 10: 3435 (+1)

2% more funds holding

Funds holding: 726743 (+17)

0.57% more ownership

Funds ownership: 34.89%35.46% (+0.57%)

99% less call options, than puts

Call options by funds: $2.12M | Put options by funds: $281M

Holders
743
Holders Change
+17
Holders Change %
+2.34%
% of All Funds
16.29%
Holding in Top 10
35
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+2.94%
% of All Funds
0.77%
New
76
Increased
312
Reduced
226
Closed
52
Calls
$2.12M
Puts
$281M
Net Calls
-$279M
Net Calls Change
-$121M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$561M +$49.9M +1,341,560 +10%
AB
2
Aozora Bank
Japan
$339M
Wells Fargo
3
Wells Fargo
California
$300M +$15M +402,162 +5%
Morgan Stanley
4
Morgan Stanley
New York
$285M +$46.6M +1,252,251 +20%
Goldman Sachs
5
Goldman Sachs
New York
$276M +$106M +2,855,810 +64%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$225M -$83M -2,229,737 -27%
LPL Financial
7
LPL Financial
California
$183M +$6.63M +178,221 +4%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$179M +$12.5M +336,565 +8%
UBS Group
9
UBS Group
Switzerland
$163M -$16.4M -442,040 -9%
BlackRock
10
BlackRock
New York
$161M +$4.4M +118,256 +3%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$151M +$10.8M +289,493 +8%
Fifth Third Bancorp
12
Fifth Third Bancorp
Ohio
$116M +$16.2M +435,646 +16%
Ameriprise
13
Ameriprise
Minnesota
$111M +$7.46M +200,593 +7%
US Bancorp
14
US Bancorp
Minnesota
$95.4M +$919K +24,690 +1%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$74.5M -$10.1M -270,757 -12%
GC
16
Grimes & Company
Massachusetts
$71.3M +$70.7M +1,900,093 New
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$67.8M +$3.41M +91,667 +5%
KeyBank National Association
18
KeyBank National Association
Ohio
$67M -$1.34M -35,966 -2%
JP Morgan Chase
19
JP Morgan Chase
New York
$61.6M -$64.6M -1,737,296 -51%
SB
20
Suntrust Banks
Georgia
$45.5M +$3.62M +97,371 +9%
FMLI
21
Fukoku Mutual Life Insurance
Japan
$42.6M
Mackenzie Financial
22
Mackenzie Financial
Ontario, Canada
$42.3M +$41.9M +1,126,612 New
BI
23
Bramshill Investments
Florida
$41.2M +$40.9M +1,098,538 New
SW
24
SVB Wealth
Massachusetts
$34.1M +$23.7M +637,302 +236%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$32.2M +$915K +24,602 +3%

PFF Hedge Fund Activity: Q3 2019 in Review

743 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2019, worth a combined $5.89B — up 9.5% from $5.38B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new PFF positions and 52 closed out — a net gain of 24 holders — while 312 added to existing stakes and 226 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $106M. The largest seller was Fidelity Investments, cutting an estimated $83M.

  • 743 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2019, up from 726 in Q2 2019.
  • Funds reported $5.89B of iShares Preferred and Income Securities ETF stock for Q3 2019, up 9.5% quarter-over-quarter.
  • 76 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2019 and 52 closed out, a net change of +24 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q3 2019 was Goldman Sachs, an estimated $106M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q3 2019 was Fidelity Investments, an estimated $83M sold.

Based on aggregated 13F filings for Q3 2019.