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iShares Preferred and Income Securities ETF

951 hedge funds and large institutions have $4.86B invested in iShares Preferred and Income Securities ETF in 2023 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 321 increasing their positions, 384 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 97

0.86% less ownership

Funds ownership: 38.76%37.9% (-0.86%)

3% less funds holding

Funds holding: 977951 (-26)

8% less funds holding in top 10

Funds holding in top 10: 3734 (-3)

16% less repeat investments, than reductions

Existing positions increased: 321 | Existing positions reduced: 384

29% less capital invested

Capital invested by funds: $6.81B → $4.86B (-$1.95B)

75% less call options, than puts

Call options by funds: $11.7M | Put options by funds: $46.8M

Holders
951
Holders Change
-26
Holders Change %
-2.66%
% of All Funds
15.16%
Holding in Top 10
34
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-8.11%
% of All Funds
0.54%
New
98
Increased
321
Reduced
384
Closed
97
Calls
$11.7M
Puts
$46.8M
Net Calls
-$35.1M
Net Calls Change
+$22.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$500M -$33.6M -1,044,925 -6%
Morgan Stanley
2
Morgan Stanley
New York
$385M +$4.31M +134,341 +1%
Wells Fargo
3
Wells Fargo
California
$216M +$10.4M +324,187 +5%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$160M -$31.6M -983,262 -16%
UBS Group
5
UBS Group
Switzerland
$157M +$11.2M +348,630 +7%
LPL Financial
6
LPL Financial
California
$153M -$5.34M -166,281 -3%
AB
7
Aozora Bank
Japan
$139M -$64.2M -2,000,000 -31%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$111M -$5.25M -163,346 -4%
Goldman Sachs
9
Goldman Sachs
New York
$104M +$53.5M +1,666,477 +100%
BlackRock
10
BlackRock
New York
$98M -$2.21M -68,737 -2%
Mariner
11
Mariner
Kansas
$86.3M +$3.48M +108,503 +4%
US Bancorp
12
US Bancorp
Minnesota
$79M -$1.14M -35,487 -1%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$68.8M +$411K +12,801 +0.6%
Fifth Third Bancorp
14
Fifth Third Bancorp
Ohio
$64.2M -$9.93M -309,206 -13%
SW
15
SVB Wealth
Massachusetts
$60.5M -$6.47M -201,402 -9%
Osaic Holdings
16
Osaic Holdings
Arizona
$59.1M -$2.72M -84,626 -4%
Ameriprise
17
Ameriprise
Minnesota
$58M +$10.3M +320,206 +21%
Truist Financial
18
Truist Financial
North Carolina
$54.8M -$934K -29,078 -2%
JP Morgan Chase
19
JP Morgan Chase
New York
$49.1M +$35.6M +1,107,522 +238%
EWM
20
Edge Wealth Management
New York
$48.7M +$957K +29,789 +2%
Deutsche Bank
21
Deutsche Bank
Germany
$47.5M +$625K +19,475 +1%
KeyBank National Association
22
KeyBank National Association
Ohio
$40.6M -$1.41M -44,027 -3%
CCWA
23
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$35.7M +$7.32M +227,900 +25%
FMLI
24
Fukoku Mutual Life Insurance
Japan
$35.4M
SAM
25
SP Asset Management
California
$35M -$4.18M -130,143 -10%

PFF Hedge Fund Activity: Q1 2023 in Review

951 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q1 2023, worth a combined $4.86B — down 29% from $6.81B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new PFF positions and 97 closed out — a net gain of 1 holder — while 321 added to existing stakes and 384 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $53.5M. The largest seller was Fidelity Investments, cutting an estimated $98.8M.

  • 951 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q1 2023, down from 977 in Q4 2022.
  • Funds reported $4.86B of iShares Preferred and Income Securities ETF stock for Q1 2023, down 29% quarter-over-quarter.
  • 98 funds opened new iShares Preferred and Income Securities ETF positions in Q1 2023 and 97 closed out, a net change of +1 holder.
  • The largest iShares Preferred and Income Securities ETF buyer in Q1 2023 was Goldman Sachs, an estimated $53.5M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q1 2023 was Fidelity Investments, an estimated $98.8M sold.

Based on aggregated 13F filings for Q1 2023.