Global X Variable Rate Preferred ETF
PFFV
60 hedge funds and large institutions have $66.6M invested in Global X Variable Rate Preferred ETF in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
25% more capital invested
Capital invested by funds: $53.2M → $66.6M (+$13.3M)
20% more funds holding
Funds holding: 50 → 60 (+10)
5.79% more ownership
Funds ownership: 24.37% → 30.16% (+5.8%)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.25M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.06M |
| 3 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
+$2.32M |
| 4 |
Morgan Stanley
New York
|
+$987K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$729K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.03M |
| 2 |
PWM
Paulson Wealth Management
Wheaton,
Illinois
|
-$1.42M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$749K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$644K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$422K |
PFFV Hedge Fund Activity: Q4 2023 in Review
60 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q4 2023, worth a combined $66.6M — up 25% from $53.2M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PFFV positions and 6 closed out — a net gain of 11 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $6.25M. The largest seller was LPL Financial, cutting an estimated $2.03M.
- 60 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q4 2023, up from 50 in Q3 2023.
- Funds reported $66.6M of Global X Variable Rate Preferred ETF stock for Q4 2023, up 25% quarter-over-quarter.
- 17 funds opened new Global X Variable Rate Preferred ETF positions in Q4 2023 and 6 closed out, a net change of +11 holders.
- The largest Global X Variable Rate Preferred ETF buyer in Q4 2023 was Envestnet Asset Management, an estimated $6.25M added.
- The largest Global X Variable Rate Preferred ETF seller in Q4 2023 was LPL Financial, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2023.