Global X US Preferred ETF
PFFD
255 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, 113 increasing their positions, 76 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
49% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 76
5% less capital invested
Capital invested by funds: $1.23B → $1.17B (-$60.3M)
3% less funds holding
Funds holding: 264 → 255 (-9)
3.9% less ownership
Funds ownership: 52.57% → 48.66% (-3.9%)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.96M |
| 3 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$5.67M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.65M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$59.7M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$49.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$23.2M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$16M |
| 5 |
RA
Rational Advisors
Huntington,
New York
|
-$13.8M |
PFFD Hedge Fund Activity: Q1 2024 in Review
255 of the 6,942 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 — down 4.9% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PFFD and 29 opened new positions — a net loss of 7 holders — while 76 trimmed existing stakes and 113 added.
The largest buyer was LPL Financial, adding an estimated $18.8M. The largest seller was Morgan Stanley, cutting an estimated $59.7M.
- 255 institutional investors held Global X US Preferred ETF (PFFD) as of Q1 2024, down from 264 in Q4 2023.
- Funds reported $1.17B of Global X US Preferred ETF stock for Q1 2024, down 4.9% 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 Morgan Stanley, an estimated $59.7M sold.
Based on aggregated 13F filings for Q1 2024.