Global X US Preferred ETF
PFFD
89 hedge funds and large institutions have $296M invested in Global X US Preferred ETF in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
13% more funds holding
Funds holding: 79 → 89 (+10)
12.2% less ownership
Funds ownership: 60.38% → 48.18% (-12%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less capital invested
Capital invested by funds: $380M → $296M (-$84.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$13.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.88M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.19M |
| 4 |
Morgan Stanley
New York
|
+$3.81M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$123M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$23.1M |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$1.63M |
| 4 |
AssetMark Inc
Concord,
California
|
-$1.51M |
| 5 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
-$1.29M |
PFFD Hedge Fund Activity: Q2 2020 in Review
89 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q2 2020, worth a combined $296M — down 22% from $380M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PFFD positions and 13 closed out — a net gain of 10 holders — while 34 added to existing stakes and 24 trimmed.
The largest buyer was Bank of America, adding an estimated $13.2M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $123M.
- 89 institutional investors held Global X US Preferred ETF (PFFD) as of Q2 2020, up from 79 in Q1 2020.
- Funds reported $296M of Global X US Preferred ETF stock for Q2 2020, down 22% quarter-over-quarter.
- 23 funds opened new Global X US Preferred ETF positions in Q2 2020 and 13 closed out, a net change of +10 holders.
- The largest Global X US Preferred ETF buyer in Q2 2020 was Bank of America, an estimated $13.2M added.
- The largest Global X US Preferred ETF seller in Q2 2020 was Charles Schwab Investment Advisory, an estimated $123M sold.
Based on aggregated 13F filings for Q2 2020.