PGIM Floating Rate Income ETF
PFRL
7 hedge funds and large institutions have $25.8M invested in PGIM Floating Rate Income ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 0 closing their positions.
17% more funds holding
Funds holding: 6 → 7 (+1)
2% more capital invested
Capital invested by funds: $25.3M → $25.8M (+$410K)
3.19% less ownership
Funds ownership: 50.37% → 47.18% (-3.2%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$233K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$9.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$188K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$42.9K |
| 3 |
AA
AJ Advisors
Nashville,
Tennessee
|
-$5.87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Prudential Financial
Newark,
New Jersey
| $24M | – | – | – |
|
|
2
Jane Street
New York
| $727K | -$188K | -3,786 | -21% |
|
|
WS
3
Wedbush Securities
Los Angeles,
California
| $477K | +$9.6K | +193 | +2% |
|
|
AA
4
AJ Advisors
Nashville,
Tennessee
| $301K | -$5.87K | -118 | -2% |
|
|
5
Citadel Advisors
Miami,
Florida
| $233K | +$233K | +4,691 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $13.4K | -$42.9K | -862 | -76% |
|
|
CTA
7
Colonial Trust Advisors
Spartanburg,
South Carolina
| $8.64K | – | – | – |
|
PFRL Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in PGIM Floating Rate Income ETF (PFRL) for Q1 2023, worth a combined $25.8M — up 1.6% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new PFRL positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $233K. The largest seller was Jane Street, cutting an estimated $188K.
- 7 institutional investors held PGIM Floating Rate Income ETF (PFRL) as of Q1 2023, up from 6 in Q4 2022.
- Funds reported $25.8M of PGIM Floating Rate Income ETF stock for Q1 2023, up 1.6% quarter-over-quarter.
- 1 fund opened new PGIM Floating Rate Income ETF positions in Q1 2023 and 0 closed out, a net change of +1 holder.
- The largest PGIM Floating Rate Income ETF buyer in Q1 2023 was Citadel Advisors, an estimated $233K added.
- The largest PGIM Floating Rate Income ETF seller in Q1 2023 was Jane Street, an estimated $188K sold.
Based on aggregated 13F filings for Q1 2023.