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AAM Low Duration Preferred and Income Securities ETF

50 hedge funds and large institutions have $254M invested in AAM Low Duration Preferred and Income Securities ETF in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

19% more capital invested

Capital invested by funds: $213M → $254M (+$40.6M)

6% more funds holding

Funds holding: 4750 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4.79% less ownership

Funds ownership: 64.97%60.18% (-4.8%)

Holders
50
Holders Change
+3
Holders Change %
+6.38%
% of All Funds
0.72%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
22
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$109M +$28.6M +1,353,392 +36%
Wells Fargo
2
Wells Fargo
California
$32.9M +$5.44M +257,644 +20%
LPL Financial
3
LPL Financial
California
$16.8M +$1.86M +87,986 +13%
RRWA
4
Rainey & Randall Wealth Advisors
Florida
$12.9M +$166K +7,843 +1%
CAS
5
Coppell Advisory Solutions
Texas
$10.2M +$1.62M +76,911 +19%
Stifel Financial
6
Stifel Financial
Missouri
$7.88M +$666K +31,567 +9%
RJA
7
Raymond James & Associates
Florida
$6.27M +$1.9M +89,849 +44%
Osaic Holdings
8
Osaic Holdings
Arizona
$5.67M +$1.48M +70,141 +35%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$5.29M +$668K +31,641 +14%
SIS
10
Sound Income Strategies
Florida
$5.18M -$19.5K -924 -0.4%
AWM
11
AllSquare Wealth Management
New York
$4.5M -$9.24K -438 -0.2%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$4.21M -$356K -16,871 -8%
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$3.31M -$103K -4,868 -3%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$3.29M +$1.78M +84,308 +119%
CAG
15
Curtis Advisory Group
California
$2.85M
RJFSA
16
Raymond James Financial Services Advisors
Florida
$2.66M +$1.51M +71,481 +132%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$2.53M +$37.2K +1,763 +1%
AAS
18
Avantax Advisory Services
Texas
$1.96M -$209K -9,918 -10%
Mariner
19
Mariner
Kansas
$1.58M +$1.57M +74,388 New
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$1.21M -$413K -19,548 -26%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$1.12M +$310K +14,682 +38%
IFG
22
Independent Financial Group
California
$1.1M -$24.7K -1,170 -2%
KAS
23
Kestra Advisory Services
Texas
$1.08M -$173K -8,177 -14%
KCFA
24
Key Client Fiduciary Advisors
New Jersey
$1.05M -$107K -5,050 -9%
IA
25
IFP Advisors
Florida
$1.02M

PFLD Hedge Fund Activity: Q3 2024 in Review

50 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q3 2024, worth a combined $254M — up 19% from $213M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PFLD positions and 4 closed out — a net gain of 3 holders — while 22 added to existing stakes and 14 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $28.6M. The largest seller was Simplicity Wealth, exiting entirely with an estimated $4.98M sold.

  • 50 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q3 2024, up from 47 in Q2 2024.
  • Funds reported $254M of AAM Low Duration Preferred and Income Securities ETF stock for Q3 2024, up 19% quarter-over-quarter.
  • 7 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q3 2024 and 4 closed out, a net change of +3 holders.
  • The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q3 2024 was Morgan Stanley, an estimated $28.6M added.
  • The largest AAM Low Duration Preferred and Income Securities ETF seller in Q3 2024 was Simplicity Wealth, an estimated $4.98M sold.

Based on aggregated 13F filings for Q3 2024.