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Global X Variable Rate Preferred ETF

61 hedge funds and large institutions have $80.9M invested in Global X Variable Rate Preferred ETF in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 18

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $82.8M → $80.9M (-$1.93M)

1.85% less ownership

Funds ownership: 33%31.15% (-1.8%)

5% less funds holding

Funds holding: 6461 (-3)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
61
Holders Change
-3
Holders Change %
-4.69%
% of All Funds
0.88%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
6
Increased
28
Reduced
18
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$32.9M +$4.47M +187,641 +16%
BFC
2
Bedel Financial Consulting
Indiana
$5.57M -$243K -10,218 -4%
LGW
3
Leslie Global Wealth
Illinois
$4.86M +$299K +12,559 +7%
Creative Planning
4
Creative Planning
Kansas
$4.13M +$969K +40,717 +31%
IPAM
5
Investment Partners Asset Management
New Jersey
$3.66M +$174K +7,332 +5%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$2.46M +$1.29M +54,176 +113%
LPL Financial
7
LPL Financial
California
$2.21M +$68.3K +2,871 +3%
PGAM
8
Princeton Global Asset Management
New Jersey
$2.11M +$31.7K +1,333 +2%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$1.72M +$56.4K +2,371 +3%
Rockefeller Capital Management
10
Rockefeller Capital Management
New York
$1.36M +$80.6K +3,388 +6%
AFP
11
Ausdal Financial Partners
Iowa
$1.31M -$738 -31 -0.1%
SWM
12
Seed Wealth Management
Illinois
$1.2M -$8.33K -350 -0.7%
Truist Financial
13
Truist Financial
North Carolina
$1.16M -$145K -6,079 -11%
JP Morgan Chase
14
JP Morgan Chase
New York
$1.04M +$1.03M +43,328 New
IAA
15
Ironsides Asset Advisors
North Carolina
$1.02M -$12.8K -540 -1%
NWM
16
Napa Wealth Management
California
$932K +$241K +10,118 +35%
IIA
17
Integral Investment Advisors
California
$916K +$590K +24,773 +186%
Comerica Bank
18
Comerica Bank
Texas
$849K +$20.3K +855 +2%
PFS
19
Prospera Financial Services
Texas
$844K
Bank of America
20
Bank of America
North Carolina
$760K +$357K +15,001 +90%
BFG
21
Beacon Financial Group
Texas
$615K +$1.71K +72 +0.3%
Cetera Investment Advisers
22
Cetera Investment Advisers
Illinois
$615K +$100K +4,205 +20%
SWP
23
Strategic Wealth Partners
Ohio
$520K -$44.8K -1,883 -8%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$503K -$8.81M -370,360 -95%
PWM
25
Paulson Wealth Management
Illinois
$474K -$27.7K -1,164 -6%

PFFV Hedge Fund Activity: Q3 2024 in Review

61 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q3 2024, worth a combined $80.9M — down 2.3% from $82.8M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PFFV and 6 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 28 added.

The largest buyer was Morgan Stanley, adding an estimated $4.47M. The largest seller was Janney Montgomery Scott, cutting an estimated $8.81M.

  • 61 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q3 2024, down from 64 in Q2 2024.
  • Funds reported $80.9M of Global X Variable Rate Preferred ETF stock for Q3 2024, down 2.3% quarter-over-quarter.
  • 6 funds opened new Global X Variable Rate Preferred ETF positions in Q3 2024 and 9 closed out, a net change of -3 holders.
  • The largest Global X Variable Rate Preferred ETF buyer in Q3 2024 was Morgan Stanley, an estimated $4.47M added.
  • The largest Global X Variable Rate Preferred ETF seller in Q3 2024 was Janney Montgomery Scott, an estimated $8.81M sold.

Based on aggregated 13F filings for Q3 2024.