Global X US Preferred ETF
PFFD
259 hedge funds and large institutions have $1.12B invested in Global X US Preferred ETF in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 111 increasing their positions, 78 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
42% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 78
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
2% more funds holding
Funds holding: 255 → 259 (+4)
0.1% less ownership
Funds ownership: 48.66% → 48.56% (-0.1%)
4% less capital invested
Capital invested by funds: $1.17B → $1.12B (-$46.8M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| 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
PFFD Hedge Fund Activity: Q2 2024 in Review
259 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Global X US Preferred ETF (PFFD) for Q2 2024, worth a combined $1.12B — down 4% 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 111 added to existing stakes and 78 trimmed.
The largest buyer was Bank of America, adding an estimated $14.8M. The largest seller was Wells Fargo, cutting an estimated $57.6M.
- 259 institutional investors held Global X US Preferred ETF (PFFD) as of Q2 2024, up from 255 in Q1 2024.
- Funds reported $1.12B of Global X US Preferred ETF stock for Q2 2024, down 4% 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.