iShares Preferred and Income Securities ETF
PFF
1,032 hedge funds and large institutions have $5.47B invested in iShares Preferred and Income Securities ETF in 2023 Q4 according to their latest regulatory filings, with 167 funds opening new positions, 324 increasing their positions, 432 reducing their positions, and 78 closing their positions.
114% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 78
11% more capital invested
Capital invested by funds: $4.92B → $5.47B (+$547M)
8% more funds holding
Funds holding: 958 → 1,032 (+74)
1.59% more ownership
Funds ownership: 38.29% → 39.88% (+1.6%)
0% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $16.6M
6% less funds holding in top 10
Funds holding in top 10: 35 → 33 (-2)
25% less repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 432
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$164M |
| 2 |
Morgan Stanley
New York
|
+$67.1M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$56.2M |
| 4 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$54.9M |
| 5 |
FIB
First Interstate Bank
Billings,
Montana
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Aozora Bank
Tokyo,
Japan
|
-$134M |
| 2 |
HF
HRT Financial
New York
|
-$52.9M |
| 3 |
Goldman Sachs
New York
|
-$33.3M |
| 4 |
BlackRock
New York
|
-$22.2M |
| 5 |
JP Morgan Chase
New York
|
-$18.6M |
PFF Hedge Fund Activity: Q4 2023 in Review
1,032 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q4 2023, worth a combined $5.47B — up 11% from $4.92B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new PFF positions and 78 closed out — a net gain of 89 holders — while 324 added to existing stakes and 432 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $164M. The largest seller was Aozora Bank, exiting entirely with an estimated $134M sold.
- 1,032 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q4 2023, up from 958 in Q3 2023.
- Funds reported $5.47B of iShares Preferred and Income Securities ETF stock for Q4 2023, up 11% quarter-over-quarter.
- 167 funds opened new iShares Preferred and Income Securities ETF positions in Q4 2023 and 78 closed out, a net change of +89 holders.
- The largest iShares Preferred and Income Securities ETF buyer in Q4 2023 was Cohen & Steers, an estimated $164M added.
- The largest iShares Preferred and Income Securities ETF seller in Q4 2023 was Aozora Bank, an estimated $134M sold.
Based on aggregated 13F filings for Q4 2023.