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Global X US Preferred ETF

133 hedge funds and large institutions have $488M invested in Global X US Preferred ETF in 2020 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 60 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

617% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 6

186% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 21

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

48% more capital invested

Capital invested by funds: $331M → $488M (+$157M)

36% more funds holding

Funds holding: 98133 (+35)

5.87% more ownership

Funds ownership: 44.86%50.73% (+5.9%)

Holders
133
Holders Change
+35
Holders Change %
+35.71%
% of All Funds
2.35%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.12%
New
43
Increased
60
Reduced
21
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$41.6M -$330K -13,044 -0.8%
FI
2
FormulaFolio Investments
Michigan
$41.3M +$15.9M +626,626 +64%
CSIA
3
Charles Schwab Investment Advisory
California
$38.8M +$188K +7,441 +0.5%
Carson Wealth (CWM LLC)
4
Carson Wealth (CWM LLC)
Nebraska
$27.6M
Morgan Stanley
5
Morgan Stanley
New York
$22.6M +$7.96M +314,369 +56%
AssetMark Inc
6
AssetMark Inc
California
$22.3M +$1.8M +71,174 +9%
BFS
7
Bard Financial Services
Connecticut
$15.6M +$15.3M +605,909 New
TPW
8
Tiller Private Wealth
Pennsylvania
$14.2M +$13.9M +550,136 New
RJA
9
Raymond James & Associates
Florida
$11.7M +$2.88M +113,845 +33%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$11.7M +$545K +21,529 +5%
HCIA
11
Hochman Cole Investment Advisors
Illinois
$10.1M +$1.91M +75,486 +24%
CFO
12
Collective Family Office
Pennsylvania
$9.79M +$9.61M +379,579 New
RWG
13
Ratio Wealth Group
Colorado
$9.61M +$9.43M +372,527 New
Lido Advisors
14
Lido Advisors
California
$8.65M -$1.68M -66,193 -16%
ACM
15
Advisors Capital Management
New Jersey
$8.4M +$8.25M +325,767 New
RA
16
Rational Advisors
New York
$7.92M +$5.33M +210,586 +218%
APA
17
Allegiant Private Advisors
Florida
$7.88M +$7.74M +305,635 New
MIM
18
Morningstar Investment Management
Illinois
$7.39M -$817K -32,268 -10%
UBS Group
19
UBS Group
Switzerland
$7.37M +$2.03M +80,311 +39%
AWM
20
AE Wealth Management
Kansas
$6.79M -$679K -26,804 -9%
FWM
21
Foresight Wealth Management
Utah
$6.37M +$183K +7,226 +3%
SS
22
Simplicity Solutions
Minnesota
$6.19M -$903K -35,671 -13%
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$6.08M +$581K +22,963 +11%
BCA
24
Biltmore Capital Advisors
New Jersey
$5.64M +$5.53M +218,520 New
TLP
25
Trinity Legacy Partners
Texas
$5.6M +$387K +15,275 +8%

PFFD Hedge Fund Activity: Q4 2020 in Review

133 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q4 2020, worth a combined $488M — up 48% from $331M a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new PFFD positions and 6 closed out — a net gain of 37 holders — while 60 added to existing stakes and 21 trimmed.

The largest buyer was FormulaFolio Investments, adding an estimated $15.9M. The largest seller was Woodard & Company Asset Management Group, exiting entirely with an estimated $7.34M sold.

  • 133 institutional investors held Global X US Preferred ETF (PFFD) as of Q4 2020, up from 98 in Q3 2020.
  • Funds reported $488M of Global X US Preferred ETF stock for Q4 2020, up 48% quarter-over-quarter.
  • 43 funds opened new Global X US Preferred ETF positions in Q4 2020 and 6 closed out, a net change of +37 holders.
  • The largest Global X US Preferred ETF buyer in Q4 2020 was FormulaFolio Investments, an estimated $15.9M added.
  • The largest Global X US Preferred ETF seller in Q4 2020 was Woodard & Company Asset Management Group, an estimated $7.34M sold.

Based on aggregated 13F filings for Q4 2020.