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Global X Variable Rate Preferred ETF

60 hedge funds and large institutions have $78.8M 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.

New
Increased
Maintained
Reduced
Closed

183% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 6

48% more capital invested

Capital invested by funds: $53.2M → $78.8M (+$25.5M)

20% more funds holding

Funds holding: 5060 (+10)

11.32% more ownership

Funds ownership: 24.37%35.69% (+11%)

35% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 23

Holders
60
Holders Change
+10
Holders Change %
+20%
% of All Funds
0.87%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
17
Increased
15
Reduced
23
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$24.4M +$13M +570,238 +118%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$7.78M +$6.25M +274,884 +449%
Janney Montgomery Scott
3
Janney Montgomery Scott
Pennsylvania
$6.97M +$191K +8,410 +3%
BFC
4
Bedel Financial Consulting
Indiana
$5.9M +$75.3K +3,312 +1%
Cetera Investment Advisers
5
Cetera Investment Advisers
Illinois
$5.39M +$5.06M +222,871 +2,217%
LPL Financial
6
LPL Financial
California
$3.37M -$2.03M -89,204 -38%
IPAM
7
Investment Partners Asset Management
New Jersey
$3.01M +$2.96M +130,119 New
CM
8
Columbus Macro
Pennsylvania
$2.37M +$2.32M +101,955 New
PGAM
9
Princeton Global Asset Management
New Jersey
$2.07M -$124K -5,464 -6%
Creative Planning
10
Creative Planning
Kansas
$1.81M +$385K +16,950 +28%
SWM
11
Seed Wealth Management
Illinois
$1.45M -$223K -9,830 -14%
Truist Financial
12
Truist Financial
North Carolina
$1.24M -$644K -28,324 -35%
Rockefeller Capital Management
13
Rockefeller Capital Management
New York
$1.06M -$105K -4,633 -9%
CRWM
14
Castle Rock Wealth Management
California
$868K -$213K -9,386 -20%
PFS
15
Prospera Financial Services
Texas
$775K +$116K +5,100 +18%
CAN
16
Cetera Advisor Networks
California
$743K +$729K +32,098 New
BFG
17
Beacon Financial Group
Texas
$646K +$3.98K +175 +0.6%
SWP
18
Strategic Wealth Partners
Ohio
$641K -$76.9K -3,386 -11%
Comerica Bank
19
Comerica Bank
Texas
$611K +$3.91K +172 +0.7%
PWM
20
Paulson Wealth Management
Illinois
$572K -$1.42M -62,480 -72%
WKWM
21
Walter & Keenan Wealth Management
Indiana
$549K -$147K -6,462 -21%
Corient Private Wealth
22
Corient Private Wealth
Florida
$545K -$48.3K -2,126 -8%
CJFS
23
Coulter & Justus Financial Services
Tennessee
$453K -$366K -16,098 -45%
Osaic Holdings
24
Osaic Holdings
Arizona
$433K +$177K +7,768 +71%
US Bancorp
25
US Bancorp
Minnesota
$395K

PFFV Hedge Fund Activity: Q4 2023 in Review

60 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q4 2023, worth a combined $78.8M — up 48% 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 Morgan Stanley, adding an estimated $13M. 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 $78.8M of Global X Variable Rate Preferred ETF stock for Q4 2023, up 48% 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 Morgan Stanley, an estimated $13M 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.