Global X US Preferred ETF
PFFD
208 hedge funds and large institutions have $842M invested in Global X US Preferred ETF in 2022 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 76 increasing their positions, 87 reducing their positions, and 29 closing their positions.
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
3% more capital invested
Capital invested by funds: $820M → $842M (+$22.1M)
0.28% less ownership
Funds ownership: 40.35% → 40.08% (-0.28%)
3% less funds holding
Funds holding: 214 → 208 (-6)
13% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 87
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$130M |
| 2 |
Jane Street
New York
|
+$9.85M |
| 3 |
Morgan Stanley
New York
|
+$7.04M |
| 4 |
RA
Rational Advisors
Huntington,
New York
|
+$5.61M |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$43.1M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$20.6M |
| 3 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$10.4M |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$9.13M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGAM
226
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$87K | -4,081 | Closed |
|
|
CA
227
CoreCap Advisors
Southfield,
Michigan
| – | -$68K | -3,184 | Closed |
|
|
PFGIA
228
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$32K | -1,510 | Closed |
|
|
SIAP
229
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$29K | -1,350 | Closed |
|
|
CWP
230
Concord Wealth Partners
Abingdon,
Virginia
| – | -$23K | -1,070 | Closed |
|
|
SWM
231
Spire Wealth Management
Mclean,
Virginia
| – | -$21K | -975 | Closed |
|
232
Rockefeller Capital Management
New York
| – | -$12K | -572 | Closed |
|
|
SCA
233
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$6.72K | -311 | -99% |
|
234
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$6K | -300 | Closed |
|
|
SPIA
235
Steward Partners Investment Advisory
New York
| – | -$6K | -300 | Closed |
|
|
PSC
236
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$2K | -100 | Closed |
|
PFFD Hedge Fund Activity: Q3 2022 in Review
208 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q3 2022, worth a combined $842M — up 2.7% from $820M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PFFD and 24 opened new positions — a net loss of 5 holders — while 87 trimmed existing stakes and 76 added.
The largest buyer was Orgel Wealth Management, opening a new position worth an estimated $130M. The largest seller was Eaton Vance Management, cutting an estimated $43.1M.
- 208 institutional investors held Global X US Preferred ETF (PFFD) as of Q3 2022, down from 214 in Q2 2022.
- Funds reported $842M of Global X US Preferred ETF stock for Q3 2022, up 2.7% quarter-over-quarter.
- 24 funds opened new Global X US Preferred ETF positions in Q3 2022 and 29 closed out, a net change of -5 holders.
- The largest Global X US Preferred ETF buyer in Q3 2022 was Orgel Wealth Management, an estimated $130M added.
- The largest Global X US Preferred ETF seller in Q3 2022 was Eaton Vance Management, an estimated $43.1M sold.
Based on aggregated 13F filings for Q3 2022.