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PGIM Floating Rate Income ETF

19 hedge funds and large institutions have $48.8M invested in PGIM Floating Rate Income ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 2

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

22% more capital invested

Capital invested by funds: $40.1M → $48.8M (+$8.65M)

19% more funds holding

Funds holding: 1619 (+3)

1.5% more ownership

Funds ownership: 68.44%69.94% (+1.5%)

Holders
19
Holders Change
+3
Holders Change %
+18.75%
% of All Funds
0.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
9
Reduced
2
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Prudential Financial
1
Prudential Financial
New Jersey
$24.4M
Wealth Enhancement Advisory Services
2
Wealth Enhancement Advisory Services
Minnesota
$7.29M +$306K +6,042 +4%
FFS
3
Founders Financial Securities
Maryland
$5.84M +$2.45M +48,508 +72%
Jane Street
4
Jane Street
New York
$3.98M +$3.06M +60,413 +331%
AWM
5
AE Wealth Management
Kansas
$2.08M +$1.13M +22,325 +118%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$1.49M +$1.49M +29,459 New
AAS
7
Ameritas Advisory Services
Nebraska
$827K +$101K +2,000 +14%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$537K +$329K +6,497 +158%
SAM
9
Secure Asset Management
Michigan
$428K +$428K +8,467 New
AWS
10
Atria Wealth Solutions
New York
$384K -$208K -4,103 -35%
Envestnet Portfolio Solutions
11
Envestnet Portfolio Solutions
Illinois
$384K -$208K -4,103 -35%
AA
12
AJ Advisors
Tennessee
$307K +$3.44K +68 +1%
OPAM
13
Ocean Park Asset Management
California
$295K
CA
14
CoreCap Advisors
Michigan
$226K +$8.45K +167 +4%
OWM
15
OneAscent Wealth Management
Alabama
$203K +$203K +4,011 New
Osaic Holdings
16
Osaic Holdings
Arizona
$49.8K +$16.2K +320 +48%
CTA
17
Colonial Trust Advisors
South Carolina
$16.9K
PS
18
Principal Securities
Iowa
$5.05K +$5.06K +100 New
UBS Group
19
UBS Group
Switzerland
$1.57K +$1.57K +31 New
Morgan Stanley
20
Morgan Stanley
New York
-$57K -1,118 Closed
IA
21
IFP Advisors
Florida
-$48.8K -957 Closed

PFRL Hedge Fund Activity: Q2 2024 in Review

19 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PGIM Floating Rate Income ETF (PFRL) for Q2 2024, worth a combined $48.8M — up 22% from $40.1M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new PFRL positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 2 trimmed.

The largest buyer was Jane Street, adding an estimated $3.06M. The largest seller was Atria Wealth Solutions, cutting an estimated $208K.

  • 19 institutional investors held PGIM Floating Rate Income ETF (PFRL) as of Q2 2024, up from 16 in Q1 2024.
  • Funds reported $48.8M of PGIM Floating Rate Income ETF stock for Q2 2024, up 22% quarter-over-quarter.
  • 5 funds opened new PGIM Floating Rate Income ETF positions in Q2 2024 and 2 closed out, a net change of +3 holders.
  • The largest PGIM Floating Rate Income ETF buyer in Q2 2024 was Jane Street, an estimated $3.06M added.
  • The largest PGIM Floating Rate Income ETF seller in Q2 2024 was Atria Wealth Solutions, an estimated $208K sold.

Based on aggregated 13F filings for Q2 2024.