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Global X Variable Rate Preferred ETF

60 hedge funds and large institutions have $78.8M invested in Global X Variable Rate Preferred ETF in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

183% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 6

48% more capital invested

Capital invested by funds: $53.2M → $78.8M (+$25.5M)

20% more funds holding

Funds holding: 5060 (+10)

11.32% more ownership

Funds ownership: 24.37%35.69% (+11%)

35% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 23

Holders
60
Holders Change
+10
Holders Change %
+20%
% of All Funds
0.87%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
17
Increased
15
Reduced
23
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TYCC
26
Texas Yale Capital Corp
Florida
$377K
PIA
27
Perennial Investment Advisors
California
$285K -$75.1K -3,304 -21%
IAA
28
Ironsides Asset Advisors
North Carolina
$283K -$139K -6,114 -33%
JPLA
29
Joseph P. Lucia & Associates
New York
$257K +$477 +21 +0.2%
AWA
30
Acorn Wealth Advisors
Michigan
$249K -$273 -12 -0.1%
Bank of America
31
Bank of America
North Carolina
$239K +$123K +5,425 +111%
FCM
32
Firestone Capital Management
Florida
$235K +$500 +22 +0.2%
MML Investors Services
33
MML Investors Services
Massachusetts
$226K +$222K +9,748 New
Jane Street
34
Jane Street
New York
$222K +$218K +9,574 New
KAS
35
Kestra Advisory Services
Texas
$218K -$60.7K -2,672 -22%
GWM
36
GSB Wealth Management
Connecticut
$215K +$211K +9,300 New
CA
37
Cetera Advisors
Colorado
$208K +$204K +8,996 New
PAG
38
Private Advisor Group
New Jersey
$208K -$273 -12 -0.1%
HWAM
39
Hennion & Walsh Asset Management
New Jersey
$205K -$9.82K -432 -5%
HI
40
Harbour Investments
Wisconsin
$183K
Carson Wealth (CWM LLC)
41
Carson Wealth (CWM LLC)
Nebraska
$173K +$170K +7,478 New
GM
42
GeoWealth Management
Illinois
$168K -$4.52K -199 -3%
UBS Group
43
UBS Group
Switzerland
$122K +$120K +5,276 New
NA
44
NewEdge Advisors
Louisiana
$107K +$341 +15 +0.3%
EWM
45
Evermay Wealth Management
Virginia
$104K +$102K +4,500 New
GI
46
Gradient Investments
Minnesota
$90.6K +$5.84K +257 +7%
PTC
47
Private Trust Company
Ohio
$79K -$1.54K -68 -2%
JP Morgan Chase
48
JP Morgan Chase
New York
$70K +$68.7K +3,023 New
ASN
49
Advisory Services Network
Georgia
$54.4K +$53.4K +2,350 New
CFD
50
Creative Financial Designs
Indiana
$38.2K -$4.93K -217 -12%

PFFV Hedge Fund Activity: Q4 2023 in Review

60 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q4 2023, worth a combined $78.8M — up 48% from $53.2M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PFFV positions and 6 closed out — a net gain of 11 holders — while 15 added to existing stakes and 23 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was LPL Financial, cutting an estimated $2.03M.

  • 60 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q4 2023, up from 50 in Q3 2023.
  • Funds reported $78.8M of Global X Variable Rate Preferred ETF stock for Q4 2023, up 48% quarter-over-quarter.
  • 17 funds opened new Global X Variable Rate Preferred ETF positions in Q4 2023 and 6 closed out, a net change of +11 holders.
  • The largest Global X Variable Rate Preferred ETF buyer in Q4 2023 was Morgan Stanley, an estimated $13M added.
  • The largest Global X Variable Rate Preferred ETF seller in Q4 2023 was LPL Financial, an estimated $2.03M sold.

Based on aggregated 13F filings for Q4 2023.