Global X Variable Rate Preferred ETF
PFFV
63 hedge funds and large institutions have $71.2M invested in Global X Variable Rate Preferred ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
5% more funds holding
Funds holding: 60 → 63 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.87% less ownership
Funds ownership: 35.69% → 28.83% (-6.9%)
10% less capital invested
Capital invested by funds: $78.8M → $71.2M (-$7.6M)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2M |
| 2 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$1.23M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.05M |
| 4 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
+$897K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$778K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.58M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.66M |
| 3 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
-$2.37M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$2.18M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.61M |
PFFV Hedge Fund Activity: Q1 2024 in Review
63 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q1 2024, worth a combined $71.2M — down 9.6% from $78.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PFFV positions and 7 closed out — a net gain of 3 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $2M. The largest seller was Morgan Stanley, cutting an estimated $5.58M.
- 63 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q1 2024, up from 60 in Q4 2023.
- Funds reported $71.2M of Global X Variable Rate Preferred ETF stock for Q1 2024, down 9.6% quarter-over-quarter.
- 10 funds opened new Global X Variable Rate Preferred ETF positions in Q1 2024 and 7 closed out, a net change of +3 holders.
- The largest Global X Variable Rate Preferred ETF buyer in Q1 2024 was Janney Montgomery Scott, an estimated $2M added.
- The largest Global X Variable Rate Preferred ETF seller in Q1 2024 was Morgan Stanley, an estimated $5.58M sold.
Based on aggregated 13F filings for Q1 2024.