Global X US Preferred ETF
PFFD
151 hedge funds and large institutions have $663M invested in Global X US Preferred ETF in 2021 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 79 increasing their positions, 22 reducing their positions, and 20 closing their positions.
259% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 22
95% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 20
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
36% more capital invested
Capital invested by funds: $488M → $663M (+$174M)
14% more funds holding
Funds holding: 133 → 151 (+18)
6.06% less ownership
Funds ownership: 50.73% → 44.66% (-6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$27.8M |
| 2 |
Morgan Stanley
New York
|
+$26.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21.7M |
| 4 |
LPL Financial
San Diego,
California
|
+$17.8M |
| 5 |
FMLI
Fukoku Mutual Life Insurance
Tokyo,
Japan
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$36.7M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$6.19M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.64M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.76M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
-$3.33M |
PFFD Hedge Fund Activity: Q1 2021 in Review
151 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q1 2021, worth a combined $663M — up 36% from $488M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PFFD positions and 20 closed out — a net gain of 19 holders — while 79 added to existing stakes and 22 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $27.8M. The largest seller was FormulaFolio Investments, cutting an estimated $36.7M.
- 151 institutional investors held Global X US Preferred ETF (PFFD) as of Q1 2021, up from 133 in Q4 2020.
- Funds reported $663M of Global X US Preferred ETF stock for Q1 2021, up 36% quarter-over-quarter.
- 39 funds opened new Global X US Preferred ETF positions in Q1 2021 and 20 closed out, a net change of +19 holders.
- The largest Global X US Preferred ETF buyer in Q1 2021 was Eaton Vance Management, an estimated $27.8M added.
- The largest Global X US Preferred ETF seller in Q1 2021 was FormulaFolio Investments, an estimated $36.7M sold.
Based on aggregated 13F filings for Q1 2021.