Global X US Preferred ETF
PFFD
256 hedge funds and large institutions have $1.17B invested in Global X US Preferred ETF in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 115 increasing their positions, 74 reducing their positions, and 36 closing their positions.
1,195% more call options, than puts
Call options by funds: $492K | Put options by funds: $38K
55% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 74
2% more capital invested
Capital invested by funds: $1.15B → $1.17B (+$18.2M)
0.67% less ownership
Funds ownership: 49.42% → 48.75% (-0.67%)
3% less funds holding
Funds holding: 265 → 256 (-9)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.8M |
| 2 |
Morgan Stanley
New York
|
+$17.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.96M |
| 4 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$5.67M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$49.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$23.2M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$16M |
| 4 |
RA
Rational Advisors
Huntington,
New York
|
-$13.8M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$7.78M |
PFFD Hedge Fund Activity: Q1 2024 in Review
256 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q1 2024, worth a combined $1.17B — up 1.6% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PFFD and 29 opened new positions — a net loss of 7 holders — while 74 trimmed existing stakes and 115 added.
The largest buyer was LPL Financial, adding an estimated $18.8M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $49.3M.
- 256 institutional investors held Global X US Preferred ETF (PFFD) as of Q1 2024, down from 265 in Q4 2023.
- Funds reported $1.17B of Global X US Preferred ETF stock for Q1 2024, up 1.6% quarter-over-quarter.
- 29 funds opened new Global X US Preferred ETF positions in Q1 2024 and 36 closed out, a net change of -7 holders.
- The largest Global X US Preferred ETF buyer in Q1 2024 was LPL Financial, an estimated $18.8M added.
- The largest Global X US Preferred ETF seller in Q1 2024 was Charles Schwab Investment Advisory, an estimated $49.3M sold.
Based on aggregated 13F filings for Q1 2024.