AAM Low Duration Preferred and Income Securities ETF
PFLD
44 hedge funds and large institutions have $115M invested in AAM Low Duration Preferred and Income Securities ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 5 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
2.18% less ownership
Funds ownership: 61.58% → 59.39% (-2.2%)
6% less funds holding
Funds holding: 47 → 44 (-3)
9% less capital invested
Capital invested by funds: $126M → $115M (-$10.9M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.52M |
| 2 |
WB
Webster Bank
Waterbury,
Connecticut
|
+$2.12M |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$2.08M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$579K |
| 5 |
LPL Financial
San Diego,
California
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
-$13.8M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.2M |
| 3 |
PWM
Peterson Wealth Management
Sparks,
Nevada
|
-$1.14M |
| 4 |
Rockefeller Capital Management
New York
|
-$528K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$467K |
PFLD Hedge Fund Activity: Q2 2023 in Review
44 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q2 2023, worth a combined $115M — down 8.6% from $126M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PFLD and 2 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $3.52M. The largest seller was Cyndeo Wealth Partners, exiting entirely with an estimated $13.8M sold.
- 44 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q2 2023, down from 47 in Q1 2023.
- Funds reported $115M of AAM Low Duration Preferred and Income Securities ETF stock for Q2 2023, down 8.6% quarter-over-quarter.
- 2 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q2 2023 and 5 closed out, a net change of -3 holders.
- The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q2 2023 was Morgan Stanley, an estimated $3.52M added.
- The largest AAM Low Duration Preferred and Income Securities ETF seller in Q2 2023 was Cyndeo Wealth Partners, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2023.