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iShares Preferred and Income Securities ETF

957 hedge funds and large institutions have $4.92B invested in iShares Preferred and Income Securities ETF in 2023 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 333 increasing their positions, 404 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more call options, than puts

Call options by funds: $17M | Put options by funds: $12M

11% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 76

0.1% less ownership

Funds ownership: 38.37%38.27% (-0.1%)

0% less funds holding

Funds holding: 960957 (-3)

2% less capital invested

Capital invested by funds: $5B → $4.92B (-$75.6M)

3% less funds holding in top 10

Funds holding in top 10: 3534 (-1)

18% less repeat investments, than reductions

Existing positions increased: 333 | Existing positions reduced: 404

Holders
957
Holders Change
-3
Holders Change %
-0.31%
% of All Funds
15.19%
Holding in Top 10
34
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-2.86%
% of All Funds
0.54%
New
84
Increased
333
Reduced
404
Closed
76
Calls
$17M
Puts
$12M
Net Calls
+$5.02M
Net Calls Change
+$5.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$569M +$43.4M +1,418,989 +8%
Morgan Stanley
2
Morgan Stanley
New York
$366M -$14.3M -467,216 -4%
Wells Fargo
3
Wells Fargo
California
$199M +$1.27M +41,448 +0.6%
UBS Group
4
UBS Group
Switzerland
$161M +$4.89M +160,119 +3%
LPL Financial
5
LPL Financial
California
$147M +$7.89M +257,994 +6%
AB
6
Aozora Bank
Japan
$134M
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$134M -$6.43M -210,410 -5%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$112M +$1.8M +58,733 +2%
BlackRock
9
BlackRock
New York
$96.2M +$3.32M +108,485 +4%
Mariner
10
Mariner
Kansas
$93M +$3.19M +104,282 +3%
Rockefeller Capital Management
11
Rockefeller Capital Management
New York
$69.8M +$23.8M +778,501 +51%
US Bancorp
12
US Bancorp
Minnesota
$69.2M -$3.1M -101,393 -4%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$67.9M +$423K +13,839 +0.6%
Goldman Sachs
14
Goldman Sachs
New York
$65.1M +$5.15M +168,453 +8%
Corient Private Wealth
15
Corient Private Wealth
Florida
$64.8M +$12.4M +405,828 +62%
Ameriprise
16
Ameriprise
Minnesota
$61.1M +$2.49M +81,413 +4%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$60.8M +$7.02M +229,615 +13%
Osaic Holdings
18
Osaic Holdings
Arizona
$56.1M +$6.31M +206,380 +12%
HF
19
HRT Financial
New York
$52.9M +$46.7M +1,527,483 +675%
JP Morgan Chase
20
JP Morgan Chase
New York
$52.3M +$15.7M +513,167 +42%
Fifth Third Bancorp
21
Fifth Third Bancorp
Ohio
$49.3M -$4.47M -146,361 -8%
Truist Financial
22
Truist Financial
North Carolina
$48.3M -$3.69M -120,791 -7%
Deutsche Bank
23
Deutsche Bank
Germany
$47.1M +$171K +5,602 +0.4%
EWM
24
Edge Wealth Management
New York
$45.6M -$718K -23,500 -2%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$40.9M +$11.5M +375,400 +38%

PFF Hedge Fund Activity: Q3 2023 in Review

957 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q3 2023, worth a combined $4.92B — down 1.5% from $5B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new PFF positions and 76 closed out — a net gain of 8 holders — while 333 added to existing stakes and 404 trimmed.

The largest buyer was HRT Financial, adding an estimated $46.7M. The largest seller was Ocean Park Asset Management, exiting entirely with an estimated $33.6M sold.

  • 957 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q3 2023, down from 960 in Q2 2023.
  • Funds reported $4.92B of iShares Preferred and Income Securities ETF stock for Q3 2023, down 1.5% quarter-over-quarter.
  • 84 funds opened new iShares Preferred and Income Securities ETF positions in Q3 2023 and 76 closed out, a net change of +8 holders.
  • The largest iShares Preferred and Income Securities ETF buyer in Q3 2023 was HRT Financial, an estimated $46.7M added.
  • The largest iShares Preferred and Income Securities ETF seller in Q3 2023 was Ocean Park Asset Management, an estimated $33.6M sold.

Based on aggregated 13F filings for Q3 2023.