AAM Low Duration Preferred and Income Securities ETF
PFLD
68 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 10 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0% more funds holding
Funds holding: 68 → 68 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.21% less ownership
Funds ownership: 56.18% → 54.97% (-1.2%)
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
53% less capital inflows, than outflows
Capital inflows: $17.4M | Capital outflows: $37.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.19M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.08M |
| 3 |
L2 Asset Management
Wayland,
Massachusetts
|
+$938K |
| 4 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$840K |
| 5 |
&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 |
Rainey & Randall Wealth Advisors
Celebration,
Florida
|
-$1.65M |
PFLD Hedge Fund Activity: Q4 2025 in Review
68 of the 8,305 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.
Buyers outnumbered sellers: 10 funds opened new PFLD positions and 9 closed out — a net gain of 1 holder — while 19 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.
- 68 institutional investors held AAM Low Duration Preferred and Income Securities ETF (PFLD) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $250M of AAM Low Duration Preferred and Income Securities ETF stock for Q4 2025, down 9.2% quarter-over-quarter.
- 10 funds opened new AAM Low Duration Preferred and Income Securities ETF positions in Q4 2025 and 9 closed out, a net change of +1 holder.
- 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.