Global X Variable Rate Preferred ETF
PFFV
69 hedge funds and large institutions have $125M invested in Global X Variable Rate Preferred ETF in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 11 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
9% more capital invested
Capital invested by funds: $115M → $125M (+$10.4M)
5% more funds holding
Funds holding: 66 → 69 (+3)
3.83% more ownership
Funds ownership: 37.47% → 41.3% (+3.8%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.85M |
| 2 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$2.47M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.22M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.14M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$849K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
AXS Investments
Port Chester,
New York
|
-$1.39M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.28M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$970K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$401K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$386K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ADL
76
Asset Dedication LLC
San Francisco,
California
| – | -$6.39K | -270 | Closed |
|
77
UBS Group
Zurich,
Switzerland
| – | -$6.27K | -265 | Closed |
|
|
SIS
78
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$3.37K | -143 | Closed |
|
|
WSFS
79
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$2.51K | -106 | Closed |
|
|
KWM
80
Kiker Wealth Management
Jasper,
Georgia
| – | -$2.22K | -94 | Closed |
|
|
CIAS
81
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$213 | -9 | Closed |
|
PFFV Hedge Fund Activity: Q2 2025 in Review
69 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q2 2025, worth a combined $125M — up 9% from $115M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PFFV positions and 11 closed out — a net gain of 3 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.85M. The largest seller was AXS Investments, cutting an estimated $1.39M.
- 69 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q2 2025, up from 66 in Q1 2025.
- Funds reported $125M of Global X Variable Rate Preferred ETF stock for Q2 2025, up 9% quarter-over-quarter.
- 14 funds opened new Global X Variable Rate Preferred ETF positions in Q2 2025 and 11 closed out, a net change of +3 holders.
- The largest Global X Variable Rate Preferred ETF buyer in Q2 2025 was Morgan Stanley, an estimated $8.85M added.
- The largest Global X Variable Rate Preferred ETF seller in Q2 2025 was AXS Investments, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2025.