PGIM Floating Rate Income ETF
PFRL
7 hedge funds and large institutions have $29.6M invested in PGIM Floating Rate Income ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 2 closing their positions.
15% more capital invested
Capital invested by funds: $25.8M → $29.6M (+$3.84M)
1.92% more ownership
Funds ownership: 47.18% → 49.09% (+1.9%)
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.3M |
| 2 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$573K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$546K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$297K |
| 5 |
CTA
Colonial Trust Advisors
Spartanburg,
South Carolina
|
+$7.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$233K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$13.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Prudential Financial
Newark,
New Jersey
| $24.3M | – | – | – |
|
|
2
Jane Street
New York
| $3.07M | +$2.3M | +46,392 | +317% |
|
|
WS
3
Wedbush Securities
Los Angeles,
California
| $1.04M | +$546K | +11,030 | +115% |
|
|
FFS
4
Founders Financial Securities
Towson,
Maryland
| $581K | +$573K | +11,566 | New |
|
|
AA
5
AJ Advisors
Nashville,
Tennessee
| $304K | +$99 | +2 | +0% |
|
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $301K | +$297K | +5,988 | New |
|
|
CTA
7
Colonial Trust Advisors
Spartanburg,
South Carolina
| $16.8K | +$7.93K | +160 | +92% |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$233K | -4,691 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$13.4K | -270 | Closed |
|
PFRL Hedge Fund Activity: Q2 2023 in Review
7 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in PGIM Floating Rate Income ETF (PFRL) for Q2 2023, worth a combined $29.6M — up 15% from $25.8M a quarter earlier.
Fund positioning in PFRL was balanced in Q2 2023: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, adding an estimated $2.3M. The largest seller was Citadel Advisors, exiting entirely with an estimated $233K sold.
- 7 institutional investors held PGIM Floating Rate Income ETF (PFRL) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $29.6M of PGIM Floating Rate Income ETF stock for Q2 2023, up 15% quarter-over-quarter.
- 2 funds opened new PGIM Floating Rate Income ETF positions in Q2 2023 and 2 closed out, a net change of 0 holders.
- The largest PGIM Floating Rate Income ETF buyer in Q2 2023 was Jane Street, an estimated $2.3M added.
- The largest PGIM Floating Rate Income ETF seller in Q2 2023 was Citadel Advisors, an estimated $233K sold.
Based on aggregated 13F filings for Q2 2023.