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AAM Low Duration Preferred and Income Securities ETF

49 hedge funds and large institutions have $167M invested in AAM Low Duration Preferred and Income Securities ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

0% more funds holding

Funds holding: 4949 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less capital invested

Capital invested by funds: $181M → $167M (-$14.2M)

20.14% less ownership

Funds ownership: 84.43%64.29% (-20%)

Holders
49
Holders Change
Holders Change %
0%
% of All Funds
0.71%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
21
Reduced
14
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$67.4M -$28.3M -1,337,467 -30%
LPL Financial
2
LPL Financial
California
$13.6M +$1.67M +79,274 +14%
RRWA
3
Rainey & Randall Wealth Advisors
Florida
$11.8M +$247K +11,708 +2%
Stifel Financial
4
Stifel Financial
Missouri
$6.8M +$596K +28,199 +10%
Osaic Holdings
5
Osaic Holdings
Arizona
$5.98M +$2.1M +99,576 +54%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$5.26M +$5.25M +248,588 New
CAN
7
Cetera Advisor Networks
California
$5.11M -$180K -8,522 -3%
BFG
8
Bleakley Financial Group
New Jersey
$5.03M -$281K -13,304 -5%
SW
9
Simplicity Wealth
New Jersey
$5.03M +$5.03M +237,944 New
SIS
10
Sound Income Strategies
Florida
$5.01M +$524K +24,806 +12%
AWM
11
AllSquare Wealth Management
New York
$4.6M -$14.5K -686 -0.3%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$4.04M +$1.31M +61,823 +48%
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$3.31M +$356K +16,855 +12%
RJA
14
Raymond James & Associates
Florida
$3.28M +$825K +39,065 +34%
CAG
15
Curtis Advisory Group
California
$2.85M +$2.84M +134,624 New
AAS
16
Avantax Advisory Services
Texas
$2.21M +$43.1K +2,041 +2%
WB
17
Webster Bank
Connecticut
$2.1M -$234K -11,080 -10%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$1.71M +$194K +9,197 +13%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.29M +$626K +29,637 +94%
KCFA
20
Key Client Fiduciary Advisors
New Jersey
$1.2M -$2.11K -100 -0.2%
KAS
21
Kestra Advisory Services
Texas
$1.14M -$12.3K -582 -1%
IFG
22
Independent Financial Group
California
$1.13M +$238K +11,255 +27%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$916K +$176K +8,351 +24%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$780K +$421K +19,904 +117%
MML Investors Services
25
MML Investors Services
Massachusetts
$576K -$1.17M -55,590 -67%

PFLD Hedge Fund Activity: Q1 2024 in Review

49 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q1 2024, worth a combined $167M — down 7.8% from $181M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PFLD positions and 9 closed out — a net gain of 1 holder — while 21 added to existing stakes and 14 trimmed.

The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $5.25M. The largest seller was Morgan Stanley, cutting an estimated $28.3M.

  • 49 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q1 2024, unchanged from Q4 2023.
  • Funds reported $167M of AAM Low Duration Preferred and Income Securities ETF stock for Q1 2024, down 7.8% quarter-over-quarter.
  • 10 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q1 2024 and 9 closed out, a net change of +1 holder.
  • The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $5.25M added.
  • The largest AAM Low Duration Preferred and Income Securities ETF seller in Q1 2024 was Morgan Stanley, an estimated $28.3M sold.

Based on aggregated 13F filings for Q1 2024.