iShares Preferred and Income Securities ETF
952 hedge funds and large institutions have $4.92B invested in iShares Preferred and Income Securities ETF in 2023 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 323 increasing their positions, 384 reducing their positions, and 96 closing their positions.
2% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 96
0.85% less ownership
Funds ownership: 38.77% → 37.92% (-0.85%)
2% less capital invested
Capital invested by funds: $5.04B → $4.92B (-$119M)
3% less funds holding
Funds holding: 977 → 952 (-25)
8% less funds holding in top 10
Funds holding in top 10: 38 → 35 (-3)
16% less repeat investments, than reductions
Existing positions increased: 323 | Existing positions reduced: 384
75% less call options, than puts
Call options by funds: $11.7M | Put options by funds: $46.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$53.5M |
| 2 |
JP Morgan Chase
New York
|
+$35.6M |
| 3 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$31.4M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$27.4M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$98.8M |
| 2 |
AB
Aozora Bank
Tokyo,
Japan
|
-$64.2M |
| 3 |
Cohen & Steers
New York
|
-$50.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$33.6M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$31.6M |
PFF Hedge Fund Activity: Q1 2023 in Review
952 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q1 2023, worth a combined $4.92B — down 2.4% from $5.04B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new PFF positions and 96 closed out — a net gain of 2 holders — while 323 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.
- 952 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q1 2023, down from 977 in Q4 2022.
- Funds reported $4.92B of iShares Preferred and Income Securities ETF stock for Q1 2023, down 2.4% quarter-over-quarter.
- 98 funds opened new iShares Preferred and Income Securities ETF positions in Q1 2023 and 96 closed out, a net change of +2 holders.
- 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.