Virtus InfraCap US Preferred Stock ETF
PFFA
18 hedge funds and large institutions have $6.38M invested in Virtus InfraCap US Preferred Stock ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.08% more ownership
Funds ownership: 11.87% → 11.96% (+0.08%)
10% less funds holding
Funds holding: 20 → 18 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
45% less capital invested
Capital invested by funds: $11.6M → $6.38M (-$5.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$773K |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$469K |
| 3 |
ICA
Infrastructure Capital Advisors
New York
|
+$440K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$172K |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$404K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$275K |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$244K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$242K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$93.9K |
PFFA Hedge Fund Activity: Q1 2020 in Review
18 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Virtus InfraCap US Preferred Stock ETF (PFFA) for Q1 2020, worth a combined $6.38M — down 45% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PFFA and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 6 added.
The largest buyer was LPL Financial, adding an estimated $773K. The largest seller was Royal Bank of Canada, cutting an estimated $404K.
- 18 institutional investors held Virtus InfraCap US Preferred Stock ETF (PFFA) as of Q1 2020, down from 20 in Q4 2019.
- Funds reported $6.38M of Virtus InfraCap US Preferred Stock ETF stock for Q1 2020, down 45% quarter-over-quarter.
- 3 funds opened new Virtus InfraCap US Preferred Stock ETF positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest Virtus InfraCap US Preferred Stock ETF buyer in Q1 2020 was LPL Financial, an estimated $773K added.
- The largest Virtus InfraCap US Preferred Stock ETF seller in Q1 2020 was Royal Bank of Canada, an estimated $404K sold.
Based on aggregated 13F filings for Q1 2020.