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Global X US Preferred ETF

43 hedge funds and large institutions have $263M invested in Global X US Preferred ETF in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 4 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

475% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 4

120% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 5

24% more capital invested

Capital invested by funds: $212M → $263M (+$50.6M)

23.14% more ownership

Funds ownership: 105.29%128.43% (+23%)

16% more funds holding

Funds holding: 3743 (+6)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
43
Holders Change
+6
Holders Change %
+16.22%
% of All Funds
0.93%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
23
Reduced
4
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$120M +$17.4M +717,813 +17%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$27.6M
GI
3
Gradient Investments
Minnesota
$20.9M +$20.7M +853,739 New
Bank of America
4
Bank of America
North Carolina
$20.2M +$573K +23,590 +3%
FAAS
5
First Allied Advisory Services
California
$17.4M -$1.81M -74,703 -10%
CM
6
Columbus Macro
Pennsylvania
$17M -$480K -19,764 -3%
MIM
7
Morningstar Investment Management
Illinois
$5.53M +$5.47M +225,276 New
Morgan Stanley
8
Morgan Stanley
New York
$4.22M +$381K +15,688 +10%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$4.12M +$23.5K +968 +0.6%
Lido Advisors
10
Lido Advisors
California
$3.35M +$1.12M +45,978 +51%
UBS Group
11
UBS Group
Switzerland
$3.31M +$2.4M +98,923 +274%
IAA
12
Ironsides Asset Advisors
North Carolina
$2.98M +$291K +12,000 +11%
Mirae Asset Global Investments
13
Mirae Asset Global Investments
South Korea
$2.52M +$1.49M +61,172 +147%
MA
14
Mutual Advisors
Nebraska
$1.49M +$1.47M +60,642 New
TYCC
15
Texas Yale Capital Corp
Florida
$1.24M +$1.22M +50,371 New
Jane Street
16
Jane Street
New York
$1.05M +$203K +8,352 +24%
RF
17
RHS Financial
California
$1.05M -$268K -11,025 -21%
RA
18
Rational Advisors
New York
$1.02M +$161K +6,633 +19%
GVAG
19
Great Valley Advisor Group
Delaware
$973K +$964K +39,689 New
FFN
20
Focus Financial Network
Minnesota
$781K +$43.4K +1,786 +6%
MML Investors Services
21
MML Investors Services
Massachusetts
$725K +$718K +29,560 New
BAC
22
Boys Arnold & Co
North Carolina
$674K +$425K +17,500 +175%
FA
23
FDx Advisors
Illinois
$630K +$85.5K +3,521 +16%
AF
24
Advisornet Financial
Minnesota
$605K +$291 +12 +0%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$468K +$463K +19,086 New

PFFD Hedge Fund Activity: Q2 2019 in Review

43 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q2 2019, worth a combined $263M — up 24% from $212M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PFFD positions and 5 closed out — a net gain of 6 holders — while 23 added to existing stakes and 4 trimmed.

The largest buyer was Gradient Investments, opening a new position worth an estimated $20.7M. The largest seller was Redwood Investment Management, exiting entirely with an estimated $5.67M sold.

  • 43 institutional investors held Global X US Preferred ETF (PFFD) as of Q2 2019, up from 37 in Q1 2019.
  • Funds reported $263M of Global X US Preferred ETF stock for Q2 2019, up 24% quarter-over-quarter.
  • 11 funds opened new Global X US Preferred ETF positions in Q2 2019 and 5 closed out, a net change of +6 holders.
  • The largest Global X US Preferred ETF buyer in Q2 2019 was Gradient Investments, an estimated $20.7M added.
  • The largest Global X US Preferred ETF seller in Q2 2019 was Redwood Investment Management, an estimated $5.67M sold.

Based on aggregated 13F filings for Q2 2019.