AAM Low Duration Preferred and Income Securities ETF
PFLD
61 hedge funds and large institutions have $239M invested in AAM Low Duration Preferred and Income Securities ETF in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 25 reducing their positions, and 15 closing their positions.
1.47% more ownership
Funds ownership: 54.96% → 56.43% (+1.5%)
4% less capital invested
Capital invested by funds: $250M → $239M (-$10.8M)
8% less funds holding
Funds holding: 66 → 61 (-5)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
44% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
L2 Asset Management
Wayland,
Massachusetts
|
+$8.29M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$1.84M |
| 3 |
Morgan Stanley
New York
|
+$1.45M |
| 4 |
HF
HRT Financial
New York
|
+$467K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$417K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.52M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.69M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.67M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.27M |
| 5 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$1.1M |
PFLD Hedge Fund Activity: Q1 2026 in Review
61 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q1 2026, worth a combined $239M — down 4.3% from $250M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PFLD and 12 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 14 added.
The largest buyer was L2 Asset Management, adding an estimated $8.29M. The largest seller was Jane Street, cutting an estimated $5.52M.
- 61 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q1 2026, down from 66 in Q4 2025.
- Funds reported $239M of AAM Low Duration Preferred and Income Securities ETF stock for Q1 2026, down 4.3% quarter-over-quarter.
- 12 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q1 2026 and 15 closed out, a net change of -3 holders.
- The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q1 2026 was L2 Asset Management, an estimated $8.29M added.
- The largest AAM Low Duration Preferred and Income Securities ETF seller in Q1 2026 was Jane Street, an estimated $5.52M sold.
Based on aggregated 13F filings for Q1 2026.