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Global X US Preferred ETF

58 hedge funds and large institutions have $376M invested in Global X US Preferred ETF in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

750% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 2

150% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 10

43% more capital invested

Capital invested by funds: $263M → $376M (+$113M)

35% more funds holding

Funds holding: 4358 (+15)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

56.89% less ownership

Funds ownership: 128.43%71.54% (-57%)

Holders
58
Holders Change
+15
Holders Change %
+34.88%
% of All Funds
1.27%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
25
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$198M +$75.1M +3,024,301 +62%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$27.6M
AssetMark Inc
3
AssetMark Inc
California
$24M +$23.7M +956,040 New
Bank of America
4
Bank of America
North Carolina
$22.4M +$1.67M +67,228 +8%
GI
5
Gradient Investments
Minnesota
$21.8M +$357K +14,381 +2%
CM
6
Columbus Macro
Pennsylvania
$11.5M -$5.87M -236,585 -34%
FAAS
7
First Allied Advisory Services
California
$11.4M -$6.37M -256,633 -36%
MML Investors Services
8
MML Investors Services
Massachusetts
$6.53M +$5.73M +230,697 +780%
MIM
9
Morningstar Investment Management
Illinois
$5.89M +$242K +9,735 +4%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$5.49M +$1.26M +50,764 +30%
Mirae Asset Global Investments
11
Mirae Asset Global Investments
South Korea
$4.31M +$1.72M +69,089 +67%
IAA
12
Ironsides Asset Advisors
North Carolina
$4.22M +$1.16M +46,700 +38%
Lido Advisors
13
Lido Advisors
California
$3.98M +$536K +21,581 +16%
UBS Group
14
UBS Group
Switzerland
$3.75M +$353K +14,223 +11%
CST
15
Charles Schwab Trust
Nevada
$3.15M +$3.11M +125,431 New
TYCC
16
Texas Yale Capital Corp
Florida
$1.82M +$556K +22,375 +44%
FPGK
17
Financial Partners Group (Kansas)
Kansas
$1.69M +$1.67M +67,146 New
RA
18
Rational Advisors
New York
$1.53M +$473K +19,052 +46%
Morgan Stanley
19
Morgan Stanley
New York
$1.17M -$3.11M -125,300 -73%
FTUS
20
Flow Traders U.S.
New York
$1.1M +$1.09M +43,905 New
BAC
21
Boys Arnold & Co
North Carolina
$1.09M +$400K +16,100 +59%
GVAG
22
Great Valley Advisor Group
Delaware
$1.05M +$49.6K +1,998 +5%
RF
23
RHS Financial
California
$993K -$75.9K -3,058 -7%
GPC
24
Glacier Peak Capital
Washington
$969K +$505K +20,353 +112%
FFN
25
Focus Financial Network
Minnesota
$892K +$92.2K +3,715 +12%

PFFD Hedge Fund Activity: Q3 2019 in Review

58 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q3 2019, worth a combined $376M — up 43% from $263M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFFD positions and 2 closed out — a net gain of 15 holders — while 25 added to existing stakes and 10 trimmed.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $75.1M. The largest seller was First Allied Advisory Services, cutting an estimated $6.37M.

  • 58 institutional investors held Global X US Preferred ETF (PFFD) as of Q3 2019, up from 43 in Q2 2019.
  • Funds reported $376M of Global X US Preferred ETF stock for Q3 2019, up 43% quarter-over-quarter.
  • 17 funds opened new Global X US Preferred ETF positions in Q3 2019 and 2 closed out, a net change of +15 holders.
  • The largest Global X US Preferred ETF buyer in Q3 2019 was Charles Schwab Investment Advisory, an estimated $75.1M added.
  • The largest Global X US Preferred ETF seller in Q3 2019 was First Allied Advisory Services, an estimated $6.37M sold.

Based on aggregated 13F filings for Q3 2019.