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Global X US Preferred ETF

72 hedge funds and large institutions have $423M invested in Global X US Preferred ETF in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 5

107% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 15

24% more funds holding

Funds holding: 5872 (+14)

12% more capital invested

Capital invested by funds: $376M → $423M (+$46.9M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5.12% less ownership

Funds ownership: 71.54%66.42% (-5.1%)

Holders
72
Holders Change
+14
Holders Change %
+24.14%
% of All Funds
1.42%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
31
Reduced
15
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
$187M -$11.1M -442,954 -6%
Bank of America
2
Bank of America
North Carolina
$27.8M +$5.53M +221,462 +25%
Carson Wealth (CWM LLC)
3
Carson Wealth (CWM LLC)
Nebraska
$27.6M
AssetMark Inc
4
AssetMark Inc
California
$24.8M +$879K +35,231 +4%
GI
5
Gradient Investments
Minnesota
$23.8M +$2.05M +82,148 +9%
CM
6
Columbus Macro
Pennsylvania
$11.1M -$337K -13,512 -3%
FAAS
7
First Allied Advisory Services
California
$10.8M -$548K -21,970 -5%
Lido Advisors
8
Lido Advisors
California
$8.57M +$4.55M +182,410 +115%
Mirae Asset Global Investments
9
Mirae Asset Global Investments
South Korea
$8.54M +$4.23M +169,620 +99%
Bank of Nova Scotia
10
Bank of Nova Scotia
Ontario, Canada
$7.05M +$7.04M +281,880 New
MIM
11
Morningstar Investment Management
Illinois
$6.93M +$1.04M +41,683 +18%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$5.74M +$257K +10,302 +5%
FWM
13
Foresight Wealth Management
Utah
$4.82M +$4.8M +192,361 New
AWM
14
AE Wealth Management
Kansas
$4.57M +$4.56M +182,681 New
SS
15
Simplicity Solutions
Minnesota
$4.44M +$4.43M +177,462 New
UBS Group
16
UBS Group
Switzerland
$4.3M +$563K +22,540 +15%
IAA
17
Ironsides Asset Advisors
North Carolina
$4.21M
HCIA
18
Hochman Cole Investment Advisors
Illinois
$3.87M +$3.85M +154,409 New
TLP
19
Trinity Legacy Partners
Texas
$3.51M +$3.46M +138,806 New
CST
20
Charles Schwab Trust
Nevada
$3.22M +$81.5K +3,267 +3%
MML Investors Services
21
MML Investors Services
Massachusetts
$2.61M -$3.89M -155,807 -60%
BCM
22
Bluefin Capital Management
New York
$2.61M +$2.6M +104,310 New
Morgan Stanley
23
Morgan Stanley
New York
$2.52M +$1.35M +53,952 +116%
WAS
24
Wealth Advisory Solutions
Indiana
$2.36M +$2.36M +94,362 New
TYCC
25
Texas Yale Capital Corp
Florida
$2.18M +$362K +14,510 +20%

PFFD Hedge Fund Activity: Q4 2019 in Review

72 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q4 2019, worth a combined $423M — up 12% from $376M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PFFD positions and 5 closed out — a net gain of 15 holders — while 31 added to existing stakes and 15 trimmed.

The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $7.04M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $11.1M.

  • 72 institutional investors held Global X US Preferred ETF (PFFD) as of Q4 2019, up from 58 in Q3 2019.
  • Funds reported $423M of Global X US Preferred ETF stock for Q4 2019, up 12% quarter-over-quarter.
  • 20 funds opened new Global X US Preferred ETF positions in Q4 2019 and 5 closed out, a net change of +15 holders.
  • The largest Global X US Preferred ETF buyer in Q4 2019 was Bank of Nova Scotia, an estimated $7.04M added.
  • The largest Global X US Preferred ETF seller in Q4 2019 was Charles Schwab Investment Advisory, an estimated $11.1M sold.

Based on aggregated 13F filings for Q4 2019.