Global X US Preferred ETF
PFFD
265 hedge funds and large institutions have $1.15B invested in Global X US Preferred ETF in 2023 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 78 increasing their positions, 100 reducing their positions, and 23 closing their positions.
234% more call options, than puts
Call options by funds: $889K | Put options by funds: $266K
135% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 23
11% more funds holding
Funds holding: 238 → 265 (+27)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
9% more capital invested
Capital invested by funds: $1.06B → $1.15B (+$95.8M)
2.03% more ownership
Funds ownership: 47.4% → 49.42% (+2%)
22% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$57.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$28.4M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$7.47M |
| 4 |
Morgan Stanley
New York
|
+$6.65M |
| 5 |
Rockefeller Capital Management
New York
|
+$5.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
-$54.2M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$9.81M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.96M |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$5.77M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$5.37M |
PFFD Hedge Fund Activity: Q4 2023 in Review
265 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q4 2023, worth a combined $1.15B — up 9.1% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PFFD positions and 23 closed out — a net gain of 31 holders — while 78 added to existing stakes and 100 trimmed.
The largest buyer was LPL Financial, adding an estimated $57.1M. The largest seller was Orgel Wealth Management, cutting an estimated $54.2M.
- 265 institutional investors held Global X US Preferred ETF (PFFD) as of Q4 2023, up from 238 in Q3 2023.
- Funds reported $1.15B of Global X US Preferred ETF stock for Q4 2023, up 9.1% quarter-over-quarter.
- 54 funds opened new Global X US Preferred ETF positions in Q4 2023 and 23 closed out, a net change of +31 holders.
- The largest Global X US Preferred ETF buyer in Q4 2023 was LPL Financial, an estimated $57.1M added.
- The largest Global X US Preferred ETF seller in Q4 2023 was Orgel Wealth Management, an estimated $54.2M sold.
Based on aggregated 13F filings for Q4 2023.