PGIM Floating Rate Income ETF
PFRL
16 hedge funds and large institutions have $40.1M invested in PGIM Floating Rate Income ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 15 → 16 (+1)
2% more capital invested
Capital invested by funds: $39.2M → $40.1M (+$931K)
11.14% less ownership
Funds ownership: 79.58% → 68.44% (-11%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$957K |
| 2 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$720K |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$304K |
| 4 |
CA
CoreCap Advisors
Southfield,
Michigan
|
+$218K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.19M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$426K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$255K |
| 4 |
Morgan Stanley
New York
|
-$222K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$72.4K |
PFRL Hedge Fund Activity: Q1 2024 in Review
16 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PGIM Floating Rate Income ETF (PFRL) for Q1 2024, worth a combined $40.1M — up 2.4% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFRL positions and 3 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $957K. The largest seller was Jane Street, cutting an estimated $1.19M.
- 16 institutional investors held PGIM Floating Rate Income ETF (PFRL) as of Q1 2024, up from 15 in Q4 2023.
- Funds reported $40.1M of PGIM Floating Rate Income ETF stock for Q1 2024, up 2.4% quarter-over-quarter.
- 4 funds opened new PGIM Floating Rate Income ETF positions in Q1 2024 and 3 closed out, a net change of +1 holder.
- The largest PGIM Floating Rate Income ETF buyer in Q1 2024 was AE Wealth Management, an estimated $957K added.
- The largest PGIM Floating Rate Income ETF seller in Q1 2024 was Jane Street, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2024.