Global X Variable Rate Preferred ETF
PFFV
69 hedge funds and large institutions have $132M invested in Global X Variable Rate Preferred ETF in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 68 → 69 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.93% less ownership
Funds ownership: 51.07% → 45.14% (-5.9%)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
18% less capital invested
Capital invested by funds: $161M → $132M (-$28.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.39M |
| 2 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$3.16M |
| 3 |
Rockefeller Capital Management
New York
|
+$1.15M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$936K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
-$10.2M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$9.87M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.8M |
| 4 |
AI
AXS Investments
Port Chester,
New York
|
-$4.16M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.89M |
PFFV Hedge Fund Activity: Q4 2025 in Review
69 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Global X Variable Rate Preferred ETF (PFFV) for Q4 2025, worth a combined $132M — down 18% from $161M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFFV positions and 11 closed out — a net gain of 2 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.39M. The largest seller was Columbus Macro, exiting entirely with an estimated $10.2M sold.
- 69 institutional investors held Global X Variable Rate Preferred ETF (PFFV) as of Q4 2025, up from 68 in Q3 2025.
- Funds reported $132M of Global X Variable Rate Preferred ETF stock for Q4 2025, down 18% quarter-over-quarter.
- 13 funds opened new Global X Variable Rate Preferred ETF positions in Q4 2025 and 11 closed out, a net change of +2 holders.
- The largest Global X Variable Rate Preferred ETF buyer in Q4 2025 was Morgan Stanley, an estimated $6.39M added.
- The largest Global X Variable Rate Preferred ETF seller in Q4 2025 was Columbus Macro, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2025.