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Global X Variable Rate Preferred ETF

42 hedge funds and large institutions have $135M invested in Global X Variable Rate Preferred ETF in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

227% more capital invested

Capital invested by funds: $41.5M → $135M (+$94M)

138% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 8

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

23.55% more ownership

Funds ownership: 30.02%53.57% (+24%)

17% more funds holding

Funds holding: 3642 (+6)

Holders
42
Holders Change
+6
Holders Change %
+16.67%
% of All Funds
0.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
19
Reduced
8
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
Gradient Investments
Minnesota
$71.1M +$72.6M +2,942,390 New
HWAM
2
Hennion & Walsh Asset Management
New Jersey
$10.7M +$10.9M +442,936 New
BFS
3
Bard Financial Services
Connecticut
$9.71M +$25.5K +1,033 +0.3%
Morgan Stanley
4
Morgan Stanley
New York
$7.28M +$6.93M +280,638 +1,351%
PWM
5
Paulson Wealth Management
Illinois
$2.89M -$73.5K -2,979 -2%
BAM
6
Byrne Asset Management
New Jersey
$2.62M
Truist Financial
7
Truist Financial
North Carolina
$2.51M +$86.4K +3,503 +3%
IAA
8
Ironsides Asset Advisors
North Carolina
$2.44M
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$2.32M +$2.37M +95,962 New
RW
10
RVW Wealth
California
$2.27M +$700K +28,350 +43%
PGAM
11
Princeton Global Asset Management
New Jersey
$2.22M -$311K -12,602 -12%
MML Investors Services
12
MML Investors Services
Massachusetts
$2.16M +$2.21M +89,553 New
CW
13
CreativeOne Wealth
Kansas
$1.96M +$42.5K +1,721 +2%
GWM
14
GSB Wealth Management
Connecticut
$1.6M +$235K +9,529 +17%
BFG
15
Beacon Financial Group
Texas
$1.4M +$63.5K +2,575 +5%
CA
16
Claro Advisors
Massachusetts
$1.18M +$1.2M +48,750 New
EWM
17
Elmwood Wealth Management
California
$1.04M -$488K -19,765 -32%
WKWM
18
Walter & Keenan Wealth Management
Indiana
$972K +$993K +40,250 New
BAM
19
Belpointe Asset Management
Nevada
$966K +$85.7K +3,473 +10%
TYCC
20
Texas Yale Capital Corp
Florida
$816K +$190K +7,690 +29%
RIG
21
Roosevelt Investment Group
New York
$765K +$25.8K +1,046 +3%
KTC
22
Kistler-Tiffany Companies
Pennsylvania
$683K +$379K +15,369 +119%
SWP
23
Strategic Wealth Partners
Ohio
$682K +$697K +28,228 New
LPL Financial
24
LPL Financial
California
$652K +$260K +10,535 +64%
SIA
25
SeaBridge Investment Advisors
New Jersey
$622K -$105K -4,262 -14%

PFFV Hedge Fund Activity: Q2 2022 in Review

42 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q2 2022, worth a combined $135M — up 227% from $41.5M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PFFV positions and 6 closed out — a net gain of 6 holders — while 19 added to existing stakes and 8 trimmed.

The largest buyer was Gradient Investments, opening a new position worth an estimated $72.6M. The largest seller was Elmwood Wealth Management, cutting an estimated $488K.

  • 42 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q2 2022, up from 36 in Q1 2022.
  • Funds reported $135M of Global X Variable Rate Preferred ETF stock for Q2 2022, up 227% quarter-over-quarter.
  • 12 funds opened new Global X Variable Rate Preferred ETF positions in Q2 2022 and 6 closed out, a net change of +6 holders.
  • The largest Global X Variable Rate Preferred ETF buyer in Q2 2022 was Gradient Investments, an estimated $72.6M added.
  • The largest Global X Variable Rate Preferred ETF seller in Q2 2022 was Elmwood Wealth Management, an estimated $488K sold.

Based on aggregated 13F filings for Q2 2022.