Global X US Preferred ETF
PFFD
223 hedge funds and large institutions have $1.04B invested in Global X US Preferred ETF in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 101 increasing their positions, 70 reducing their positions, and 31 closing their positions.
2,612% more call options, than puts
Call options by funds: $461K | Put options by funds: $17K
44% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 70
6% more capital invested
Capital invested by funds: $986M → $1.04B (+$56.9M)
2.44% more ownership
Funds ownership: 43.77% → 46.21% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 227 → 223 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KW
KWB Wealth
Redlands,
California
|
+$8.83M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.34M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.71M |
| 5 |
AC
AlphaCore Capital
La Jolla,
California
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Morningstar Investment Management
Chicago,
Illinois
|
-$4.22M |
| 2 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
-$3.43M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$3.41M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$3.37M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$2.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTI
251
Blue Trust Inc
Alpharetta,
Georgia
| – | -$11K | -567 | Closed |
|
|
GI
252
Gradient Investments
Arden Hills,
Minnesota
| – | -$10.2K | -515 | Closed |
|
253
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8.94K | -450 | Closed |
|
|
OFG
254
Oxford Financial Group
Carmel,
Indiana
| – | -$1.97K | -99 | Closed |
|
|
M1FG
255
Mach-1 Financial Group
Rogers,
Arkansas
| – | -$1.43M | -72 | Closed |
|
PFFD Hedge Fund Activity: Q2 2023 in Review
223 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q2 2023, worth a combined $1.04B — up 5.8% from $986M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PFFD and 28 opened new positions — a net loss of 3 holders — while 70 trimmed existing stakes and 101 added.
The largest buyer was KWB Wealth, opening a new position worth an estimated $8.83M. The largest seller was Morningstar Investment Management, exiting entirely with an estimated $4.22M sold.
- 223 institutional investors held Global X US Preferred ETF (PFFD) as of Q2 2023, down from 227 in Q1 2023.
- Funds reported $1.04B of Global X US Preferred ETF stock for Q2 2023, up 5.8% quarter-over-quarter.
- 28 funds opened new Global X US Preferred ETF positions in Q2 2023 and 31 closed out, a net change of -3 holders.
- The largest Global X US Preferred ETF buyer in Q2 2023 was KWB Wealth, an estimated $8.83M added.
- The largest Global X US Preferred ETF seller in Q2 2023 was Morningstar Investment Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q2 2023.