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iShares Preferred and Income Securities ETF

1,031 hedge funds and large institutions have $5.92B invested in iShares Preferred and Income Securities ETF in 2023 Q4 according to their latest regulatory filings, with 167 funds opening new positions, 322 increasing their positions, 433 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 167 | Existing positions closed: 78

20% more capital invested

Capital invested by funds: $4.92B → $5.92B (+$996M)

8% more funds holding

Funds holding: 9571,031 (+74)

4.88% more ownership

Funds ownership: 38.27%43.15% (+4.9%)

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: 3432 (-2)

26% less repeat investments, than reductions

Existing positions increased: 322 | Existing positions reduced: 433

Holders
1,031
Holders Change
+74
Holders Change %
+7.73%
% of All Funds
15.03%
Holding in Top 10
32
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-5.88%
% of All Funds
0.47%
New
167
Increased
322
Reduced
433
Closed
78
Calls
$16.6M
Puts
$16.6M
Net Calls
+$13K
Net Calls Change
-$5M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$897M +$497M +16,620,398 +137%
Bank of America
2
Bank of America
North Carolina
$609M +$19M +637,050 +3%
Wells Fargo
3
Wells Fargo
California
$222M +$15.8M +529,928 +8%
UBS Group
4
UBS Group
Switzerland
$196M +$28.1M +941,871 +18%
Cohen & Steers
5
Cohen & Steers
New York
$173M +$164M +5,473,686 +8,109%
LPL Financial
6
LPL Financial
California
$172M +$18.9M +632,066 +13%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$143M +$3.6M +120,583 +3%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$117M +$904K +30,274 +0.8%
Mariner
9
Mariner
Kansas
$106M +$9.08M +303,946 +10%
BlackRock
10
BlackRock
New York
$76.3M -$22.2M -744,732 -23%
US Bancorp
11
US Bancorp
Minnesota
$74.3M +$2.55M +85,467 +4%
Rockefeller Capital Management
12
Rockefeller Capital Management
New York
$74.1M +$1.77M +59,397 +3%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$73.8M +$3.42M +114,604 +5%
Ameriprise
14
Ameriprise
Minnesota
$68.5M +$7.08M +236,992 +12%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$61.9M -$1.02M -34,038 -2%
OPAM
16
Ocean Park Asset Management
California
$58.7M +$56.2M +1,880,431 New
OWM
17
Orgel Wealth Management
Wisconsin
$57.3M +$54.9M +1,837,915 New
Truist Financial
18
Truist Financial
North Carolina
$51.7M +$1.59M +53,231 +3%
Osaic Holdings
19
Osaic Holdings
Arizona
$48.6M -$9.06M -303,244 -16%
Deutsche Bank
20
Deutsche Bank
Germany
$48.5M -$278K -9,305 -0.6%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$46.8M +$4.3M +143,949 +11%
FIB
22
First Interstate Bank
Montana
$44.3M +$33.2M +1,110,626 +358%
EWM
23
Edge Wealth Management
New York
$43.8M -$3.23M -108,076 -7%
CCWA
24
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$41.5M +$2.32M +77,512 +6%
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
$41.5M -$9.11M -305,056 -19%

PFF Hedge Fund Activity: Q4 2023 in Review

1,031 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares Preferred and Income Securities ETF (PFF) for Q4 2023, worth a combined $5.92B — up 20% 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 322 added to existing stakes and 433 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $497M. The largest seller was Aozora Bank, exiting entirely with an estimated $134M sold.

  • 1,031 institutional investors held iShares Preferred and Income Securities ETF (PFF) as of Q4 2023, up from 957 in Q3 2023.
  • Funds reported $5.92B of iShares Preferred and Income Securities ETF stock for Q4 2023, up 20% 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 Morgan Stanley, an estimated $497M 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.