AAM Low Duration Preferred and Income Securities ETF
PFLD
49 hedge funds and large institutions have $181M invested in AAM Low Duration Preferred and Income Securities ETF in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
42% more capital invested
Capital invested by funds: $128M → $181M (+$53.5M)
21.53% more ownership
Funds ownership: 62.9% → 84.43% (+22%)
11% more funds holding
Funds holding: 44 → 49 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$54.9M |
| 2 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
+$1.17M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$974K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$752K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$3.8M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.26M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$715K |
| 4 |
LPL Financial
San Diego,
California
|
-$505K |
| 5 |
KCFA
Key Client Fiduciary Advisors
Fairfield,
New Jersey
|
-$419K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWCA
51
J.W. Cole Advisors
Tampa,
Florida
| – | -$263K | -12,624 | Closed |
|
52
Rockefeller Capital Management
New York
| – | -$212K | -10,169 | Closed |
|
|
RIA
53
Realta Investment Advisors
Wilmington,
Delaware
| – | -$150K | -7,160 | Closed |
|
PFLD Hedge Fund Activity: Q4 2023 in Review
49 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q4 2023, worth a combined $181M — up 42% from $128M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PFLD positions and 4 closed out — a net gain of 5 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $54.9M. The largest seller was Jaffetilchin Investment Partners, cutting an estimated $3.8M.
- 49 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q4 2023, up from 44 in Q3 2023.
- Funds reported $181M of AAM Low Duration Preferred and Income Securities ETF stock for Q4 2023, up 42% quarter-over-quarter.
- 9 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q4 2023 and 4 closed out, a net change of +5 holders.
- The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q4 2023 was Morgan Stanley, an estimated $54.9M added.
- The largest AAM Low Duration Preferred and Income Securities ETF seller in Q4 2023 was Jaffetilchin Investment Partners, an estimated $3.8M sold.
Based on aggregated 13F filings for Q4 2023.