Global X US Preferred ETF
PFFD
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.
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: 37 → 43 (+6)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$20.7M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$17.4M |
| 3 |
MIM
Morningstar Investment Management
Chicago,
Illinois
|
+$5.47M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.4M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$5.67M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.81M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$702K |
| 4 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$584K |
| 5 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
-$534K |
PFFD Hedge Fund Activity: Q2 2019 in Review
43 of the 4,625 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.