Global X US Preferred ETF
PFFD
227 hedge funds and large institutions have $986M invested in Global X US Preferred ETF in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 97 increasing their positions, 66 reducing their positions, and 28 closing their positions.
294% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $270K
47% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 66
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
3% more funds holding
Funds holding: 220 → 227 (+7)
1.62% less ownership
Funds ownership: 45.39% → 43.77% (-1.6%)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
31% less capital invested
Capital invested by funds: $1.44B → $986M (-$452M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMG
Advisors Management Group
La Crosse,
Wisconsin
|
+$13.7M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$12.2M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$11.6M |
| 4 |
DK
David Kennon
Sarasota,
Florida
|
+$4.48M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$47.3M |
| 2 |
Cohen & Steers
New York
|
-$23.2M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$14.5M |
| 4 |
Jane Street
New York
|
-$13.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.3M |
PFFD Hedge Fund Activity: Q1 2023 in Review
227 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q1 2023, worth a combined $986M — down 31% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PFFD positions and 28 closed out — a net gain of 13 holders — while 97 added to existing stakes and 66 trimmed.
The largest buyer was Advisors Management Group, opening a new position worth an estimated $13.7M. The largest seller was Orgel Wealth Management, cutting an estimated $47.3M.
- 227 institutional investors held Global X US Preferred ETF (PFFD) as of Q1 2023, up from 220 in Q4 2022.
- Funds reported $986M of Global X US Preferred ETF stock for Q1 2023, down 31% quarter-over-quarter.
- 41 funds opened new Global X US Preferred ETF positions in Q1 2023 and 28 closed out, a net change of +13 holders.
- The largest Global X US Preferred ETF buyer in Q1 2023 was Advisors Management Group, an estimated $13.7M added.
- The largest Global X US Preferred ETF seller in Q1 2023 was Orgel Wealth Management, an estimated $47.3M sold.
Based on aggregated 13F filings for Q1 2023.