PGIM Floating Rate Income ETF
PFRL
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.
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: 16 → 19 (+3)
1.5% more ownership
Funds ownership: 68.44% → 69.94% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.06M |
| 2 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$2.45M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.49M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.13M |
| 5 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
Atria Wealth Solutions
New York
|
-$208K |
| 2 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$208K |
| 3 |
Morgan Stanley
New York
|
-$57K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$48.8K |
PFRL Hedge Fund Activity: Q2 2024 in Review
19 of the 6,935 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.