Global X Variable Rate Preferred ETF
PFFV
69 hedge funds and large institutions have $133M invested in Global X Variable Rate Preferred ETF in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 68 → 69 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
5.85% less ownership
Funds ownership: 51.07% → 45.22% (-5.9%)
17% less capital invested
Capital invested by funds: $161M → $133M (-$27.9M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$6.39M |
| 2 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$3.16M |
| 3 |
Rockefeller Capital Management
New York
|
+$1.15M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$936K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$855K |
Top Sellers
| 1 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
-$10.2M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$9.87M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.8M |
| 4 |
AI
AXS Investments
Port Chester,
New York
|
-$4.16M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCM
76
Firestone Capital Management
Coral Gables,
Florida
| – | -$205K | -8,885 | Closed |
|
|
NC
77
North Capital
Salt Lake City,
Utah
| – | -$44K | -1,905 | Closed |
|
78
Wells Fargo
San Francisco,
California
| – | -$34.7K | -1,500 | Closed |
|
|
AAS
79
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$11.8K | -510 | Closed |
|
|
PS
80
Principal Securities
Des Moines,
Iowa
| – | -$5.41K | -234 | Closed |
|
|
WANY
81
Wealthspire Advisors (New York)
New York
| – | -$1.18K | -51 | Closed |
|
PFFV Hedge Fund Activity: Q4 2025 in Review
69 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q4 2025, worth a combined $133M — down 17% from $161M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFFV positions and 11 closed out — a net gain of 2 holders — while 21 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.39M. The largest seller was Columbus Macro, exiting entirely with an estimated $10.2M sold.
- 69 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q4 2025, up from 68 in Q3 2025.
- Funds reported $133M of Global X Variable Rate Preferred ETF stock for Q4 2025, down 17% quarter-over-quarter.
- 13 funds opened new Global X Variable Rate Preferred ETF positions in Q4 2025 and 11 closed out, a net change of +2 holders.
- The largest Global X Variable Rate Preferred ETF buyer in Q4 2025 was Morgan Stanley, an estimated $6.39M added.
- The largest Global X Variable Rate Preferred ETF seller in Q4 2025 was Columbus Macro, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2025.