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Global X Variable Rate Preferred ETF

59 hedge funds and large institutions have $110M invested in Global X Variable Rate Preferred ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 16

0% more funds holding

Funds holding: 5959 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

4.39% less ownership

Funds ownership: 45.08%40.69% (-4.4%)

11% less capital invested

Capital invested by funds: $123M → $110M (-$13M)

Holders
59
Holders Change
Holders Change %
0%
% of All Funds
0.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
28
Reduced
16
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
Gradient Investments
Minnesota
$42M -$8.69M -368,998 -17%
BFS
2
Bard Financial Services
Connecticut
$12.3M +$2.09M +88,760 +20%
Morgan Stanley
3
Morgan Stanley
New York
$9.97M +$1.54M +65,328 +18%
BFC
4
Bedel Financial Consulting
Indiana
$7.42M +$291K +12,357 +4%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$3.86M -$2M -85,126 -34%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$2.8M +$111K +4,703 +4%
LPL Financial
7
LPL Financial
California
$2.59M +$2.07M +87,871 +344%
Truist Financial
8
Truist Financial
North Carolina
$2.22M +$157K +6,689 +7%
PGAM
9
Princeton Global Asset Management
New Jersey
$2.2M -$19.3K -820 -0.8%
PWM
10
Paulson Wealth Management
Illinois
$1.96M +$88.9K +3,778 +5%
CW
11
CreativeOne Wealth
Kansas
$1.58M -$660K -28,053 -29%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$1.56M -$253K -10,755 -14%
CJFS
13
Coulter & Justus Financial Services
Tennessee
$1.42M +$603K +25,633 +71%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$1.11M +$140K +5,942 +14%
BFG
15
Beacon Financial Group
Texas
$1.06M
SWM
16
Seed Wealth Management
Illinois
$1.04M +$27K +1,145 +3%
CRWM
17
Castle Rock Wealth Management
California
$1.01M +$1.11M +46,990 New
JP Morgan Chase
18
JP Morgan Chase
New York
$912K +$520K +22,104 +124%
WKWM
19
Walter & Keenan Wealth Management
Indiana
$837K -$164K -6,967 -16%
Corient Private Wealth
20
Corient Private Wealth
Florida
$831K +$35.6K +1,511 +4%
SWP
21
Strategic Wealth Partners
Ohio
$810K +$84.7K +3,599 +11%
KTC
22
Kistler-Tiffany Companies
Pennsylvania
$760K +$170K +7,241 +28%
BAM
23
Byrne Asset Management
New Jersey
$609K -$300K -12,750 -32%
CAN
24
Cetera Advisor Networks
California
$591K +$133K +5,658 +28%
PFS
25
Prospera Financial Services
Texas
$589K +$53.1K +2,255 +10%

PFFV Hedge Fund Activity: Q1 2023 in Review

59 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q1 2023, worth a combined $110M — down 11% from $123M a quarter earlier.

Fund positioning in PFFV was balanced in Q1 2023: 8 funds opened new positions, 8 closed out, 28 added to existing stakes and 16 trimmed.

The largest buyer was Bard Financial Services, adding an estimated $2.09M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $10.4M.

  • 59 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q1 2023, unchanged from Q4 2022.
  • Funds reported $110M of Global X Variable Rate Preferred ETF stock for Q1 2023, down 11% quarter-over-quarter.
  • 8 funds opened new Global X Variable Rate Preferred ETF positions in Q1 2023 and 8 closed out, a net change of 0 holders.
  • The largest Global X Variable Rate Preferred ETF buyer in Q1 2023 was Bard Financial Services, an estimated $2.09M added.
  • The largest Global X Variable Rate Preferred ETF seller in Q1 2023 was Hennion & Walsh Asset Management, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2023.