Global X US Preferred ETF
PFFD
79 hedge funds and large institutions have $380M invested in Global X US Preferred ETF in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 12 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
10% more funds holding
Funds holding: 72 → 79 (+7)
6.04% less ownership
Funds ownership: 66.42% → 60.38% (-6%)
10% less capital invested
Capital invested by funds: $424M → $380M (-$43.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
JBJ Investment Partners
Charleston,
South Carolina
|
+$18.7M |
| 2 |
WCAMG
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
|
+$6.28M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$4.58M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$3.06M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$15.1M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$7.05M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$3.28M |
| 4 |
AssetMark Inc
Concord,
California
|
-$3.06M |
| 5 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
-$2.89M |
PFFD Hedge Fund Activity: Q1 2020 in Review
79 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q1 2020, worth a combined $380M — down 10% from $424M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PFFD positions and 12 closed out — a net gain of 9 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was JBJ Investment Partners, opening a new position worth an estimated $18.7M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $15.1M.
- 79 institutional investors held Global X US Preferred ETF (PFFD) as of Q1 2020, up from 72 in Q4 2019.
- Funds reported $380M of Global X US Preferred ETF stock for Q1 2020, down 10% quarter-over-quarter.
- 21 funds opened new Global X US Preferred ETF positions in Q1 2020 and 12 closed out, a net change of +9 holders.
- The largest Global X US Preferred ETF buyer in Q1 2020 was JBJ Investment Partners, an estimated $18.7M added.
- The largest Global X US Preferred ETF seller in Q1 2020 was Charles Schwab Investment Advisory, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2020.