Global X US Preferred ETF
PFFD
260 hedge funds and large institutions have $1.13B invested in Global X US Preferred ETF in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 112 increasing their positions, 77 reducing their positions, and 22 closing their positions.
1,450% more call options, than puts
Call options by funds: $403K | Put options by funds: $26K
45% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 77
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
2% more funds holding
Funds holding: 256 → 260 (+4)
0.07% less ownership
Funds ownership: 48.75% → 48.68% (-0.07%)
4% less capital invested
Capital invested by funds: $1.17B → $1.13B (-$46.1M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$12.9M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$9.93M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$6.63M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$57.6M |
| 2 |
KBFS
Kohmann Bosshard Financial Services
Fairlawn,
Ohio
|
-$12.7M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.55M |
| 4 |
Mariner
Overland Park,
Kansas
|
-$7.18M |
| 5 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
-$5.94M |
PFFD Hedge Fund Activity: Q2 2024 in Review
260 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q2 2024, worth a combined $1.13B — down 3.9% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PFFD positions and 22 closed out — a net gain of 9 holders — while 112 added to existing stakes and 77 trimmed.
The largest buyer was Bank of America, adding an estimated $14.8M. The largest seller was Wells Fargo, cutting an estimated $57.6M.
- 260 institutional investors held Global X US Preferred ETF (PFFD) as of Q2 2024, up from 256 in Q1 2024.
- Funds reported $1.13B of Global X US Preferred ETF stock for Q2 2024, down 3.9% quarter-over-quarter.
- 31 funds opened new Global X US Preferred ETF positions in Q2 2024 and 22 closed out, a net change of +9 holders.
- The largest Global X US Preferred ETF buyer in Q2 2024 was Bank of America, an estimated $14.8M added.
- The largest Global X US Preferred ETF seller in Q2 2024 was Wells Fargo, an estimated $57.6M sold.
Based on aggregated 13F filings for Q2 2024.