ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN
PFFL
2 hedge funds and large institutions have $124K invested in ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN in 2021 Q1 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
1.01% less ownership
Funds ownership: 1.61% → 0.6% (-1%)
50% less funds holding
Funds holding: 4 → 2 (-2)
64% less capital invested
Capital invested by funds: $344K → $124K (-$220K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$204K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6K |
| 3 |
DA
DCM Advisors
New York
|
-$5.53K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
1
DCM Advisors
New York
| $113K | -$5.53K | -300 | -5% |
|
|
AWM
2
Avior Wealth Management
Omaha,
Nebraska
| $11K | – | – | – |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$204K | -10,512 | Closed |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6K | -300 | Closed |
|
PFFL Hedge Fund Activity: Q1 2021 in Review
2 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN (PFFL) for Q1 2021, worth a combined $124K — down 64% from $344K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PFFL and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Susquehanna International Group, exiting entirely with an estimated $204K sold.
- 2 institutional investors held ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN (PFFL) as of Q1 2021, down from 4 in Q4 2020.
- Funds reported $124K of ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN stock for Q1 2021, down 64% quarter-over-quarter.
- 0 funds opened new ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN positions in Q1 2021 and 2 closed out, a net change of -2 holders.
- The largest ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN seller in Q1 2021 was Susquehanna International Group, an estimated $204K sold.
Based on aggregated 13F filings for Q1 2021.