AAM Low Duration Preferred and Income Securities ETF
PFLD
66 hedge funds and large institutions have $250M invested in AAM Low Duration Preferred and Income Securities ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 29 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1.22% less ownership
Funds ownership: 56.18% → 54.96% (-1.2%)
1% less funds holding
Funds holding: 67 → 66 (-1)
9% less capital invested
Capital invested by funds: $275M → $250M (-$25.4M)
38% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.19M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.08M |
| 3 |
LAM
L2 Asset Management
Wayland,
Massachusetts
|
+$938K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$840K |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.07M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.67M |
| 5 |
RRWA
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$1.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -50 | Closed |
|
PFLD Hedge Fund Activity: Q4 2025 in Review
66 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q4 2025, worth a combined $250M — down 9.2% from $275M a quarter earlier.
Fund positioning in PFLD was balanced in Q4 2025: 9 funds opened new positions, 9 closed out, 18 added to existing stakes and 29 trimmed.
The largest buyer was Jane Street, adding an estimated $6.19M. The largest seller was Morgan Stanley, cutting an estimated $16M.
- 66 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q4 2025, down from 67 in Q3 2025.
- Funds reported $250M of AAM Low Duration Preferred and Income Securities ETF stock for Q4 2025, down 9.2% quarter-over-quarter.
- 9 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q4 2025 and 9 closed out, a net change of 0 holders.
- The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q4 2025 was Jane Street, an estimated $6.19M added.
- The largest AAM Low Duration Preferred and Income Securities ETF seller in Q4 2025 was Morgan Stanley, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2025.