iShares Preferred and Income Securities ETF
960 hedge funds and large institutions have $5B invested in iShares Preferred and Income Securities ETF in 2023 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 319 increasing their positions, 406 reducing their positions, and 74 closing their positions.
24% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 74
3% more funds holding in top 10
Funds holding in top 10: 34 → 35 (+1)
3% more capital invested
Capital invested by funds: $4.86B → $5B (+$137M)
1% more funds holding
Funds holding: 951 → 960 (+9)
0.47% more ownership
Funds ownership: 37.9% → 38.37% (+0.47%)
2% less call options, than puts
Call options by funds: $14.6M | Put options by funds: $14.9M
21% less repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 406
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$44.5M |
| 2 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$33.3M |
| 3 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$30.9M |
| 4 |
Rockefeller Capital Management
New York
|
+$18.3M |
| 5 |
Citigroup
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$41.2M |
| 2 |
FMLI
Fukoku Mutual Life Insurance
Tokyo,
Japan
|
-$17.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$14.4M |
| 4 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
-$12.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11M |
PFF Hedge Fund Activity: Q2 2023 in Review
960 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q2 2023, worth a combined $5B — up 2.8% from $4.86B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new PFF positions and 74 closed out — a net gain of 18 holders — while 319 added to existing stakes and 406 trimmed.
The largest buyer was Bank of America, adding an estimated $44.5M. The largest seller was Goldman Sachs, cutting an estimated $41.2M.
- 960 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q2 2023, up from 951 in Q1 2023.
- Funds reported $5B of iShares Preferred and Income Securities ETF stock for Q2 2023, up 2.8% quarter-over-quarter.
- 92 funds opened new iShares Preferred and Income Securities ETF positions in Q2 2023 and 74 closed out, a net change of +18 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q2 2023 was Bank of America, an estimated $44.5M added.
- The largest iShares Preferred and Income Securities ETF seller in Q2 2023 was Goldman Sachs, an estimated $41.2M sold.
Based on aggregated 13F filings for Q2 2023.