AAM Low Duration Preferred and Income Securities ETF
PFLD
68 hedge funds and large institutions have $275M invested in AAM Low Duration Preferred and Income Securities ETF in 2025 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 31 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
3% more funds holding
Funds holding: 66 → 68 (+2)
0.04% more ownership
Funds ownership: 56.14% → 56.18% (+0.04%)
1% less capital invested
Capital invested by funds: $279M → $275M (-$4.09M)
48% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 31
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
L2 Asset Management
Wayland,
Massachusetts
|
+$4.9M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$3.69M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.91M |
| 4 |
Jane Street
New York
|
+$1.43M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.72M |
| 2 |
CAG
Curtis Advisory Group
Santa Barbara,
California
|
-$2.64M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$2.03M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.66M |
| 5 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$1.65M |
PFLD Hedge Fund Activity: Q3 2025 in Review
68 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in AAM Low Duration Preferred and Income Securities ETF (PFLD) for Q3 2025, worth a combined $275M — down 1.5% from $279M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PFLD positions and 9 closed out — a net gain of 4 holders — while 16 added to existing stakes and 31 trimmed.
The largest buyer was L2 Asset Management, opening a new position worth an estimated $4.9M. The largest seller was LPL Financial, cutting an estimated $4.72M.
- 68 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q3 2025, up from 66 in Q2 2025.
- Funds reported $275M of AAM Low Duration Preferred and Income Securities ETF stock for Q3 2025, down 1.5% quarter-over-quarter.
- 13 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q3 2025 and 9 closed out, a net change of +4 holders.
- The largest AAM Low Duration Preferred and Income Securities ETF buyer in Q3 2025 was L2 Asset Management, an estimated $4.9M added.
- The largest AAM Low Duration Preferred and Income Securities ETF seller in Q3 2025 was LPL Financial, an estimated $4.72M sold.
Based on aggregated 13F filings for Q3 2025.