Global X US Preferred ETF
PFFD
98 hedge funds and large institutions have $331M invested in Global X US Preferred ETF in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 27 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
67% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 27
12% more capital invested
Capital invested by funds: $296M → $331M (+$34.8M)
10% more funds holding
Funds holding: 89 → 98 (+9)
3.32% less ownership
Funds ownership: 48.18% → 44.86% (-3.3%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$17.9M |
| 2 |
Morgan Stanley
New York
|
+$5.71M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$2.78M |
| 4 |
HCIA
Hochman Cole Investment Advisors
Deerfield,
Illinois
|
+$2.72M |
| 5 |
WWM
WT Wealth Management
Scottsdale,
Arizona
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
JBJ Investment Partners
Charleston,
South Carolina
|
-$19.1M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.07M |
| 3 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
-$1.75M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.4M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$995K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$640K | -27,249 | Closed |
|
102
Wolverine Trading
Chicago,
Illinois
| – | -$487K | -20,778 | Closed |
|
|
FIA
103
Foundations Investment Advisors
Phoenix,
Arizona
| – | -$324K | -13,681 | Closed |
|
|
JWCA
104
J.W. Cole Advisors
Tampa,
Florida
| – | -$266K | -11,337 | Closed |
|
|
HR
105
Hayden Royal
Charlotte,
North Carolina
| – | -$213K | -9,071 | Closed |
|
|
MAM
106
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$44K | -1,861 | Closed |
|
|
JPLA
107
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$20K | -852 | Closed |
|
|
OPS
108
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$11K | -489 | Closed |
|
|
PAG
109
Private Advisor Group
Morristown,
New Jersey
| – | -$11K | -460 | Closed |
|
|
TRCT
110
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
|
GEA
111
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$1.34K | -57 | Closed |
|
|
BW
112
Bison Wealth
Atlanta,
Georgia
| – | +$98 | +4 | New |
|
PFFD Hedge Fund Activity: Q3 2020 in Review
98 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q3 2020, worth a combined $331M — up 12% from $296M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PFFD positions and 12 closed out — a net gain of 9 holders — while 45 added to existing stakes and 27 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $17.9M. The largest seller was JBJ Investment Partners, exiting entirely with an estimated $19.1M sold.
- 98 institutional investors held Global X US Preferred ETF (PFFD) as of Q3 2020, up from 89 in Q2 2020.
- Funds reported $331M of Global X US Preferred ETF stock for Q3 2020, up 12% quarter-over-quarter.
- 21 funds opened new Global X US Preferred ETF positions in Q3 2020 and 12 closed out, a net change of +9 holders.
- The largest Global X US Preferred ETF buyer in Q3 2020 was FormulaFolio Investments, an estimated $17.9M added.
- The largest Global X US Preferred ETF seller in Q3 2020 was JBJ Investment Partners, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2020.