PGIM Floating Rate Income ETF
PFRL
20 hedge funds and large institutions have $51.2M invested in PGIM Floating Rate Income ETF in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
5% more funds holding
Funds holding: 19 → 20 (+1)
5% more capital invested
Capital invested by funds: $48.8M → $51.2M (+$2.43M)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
3.87% less ownership
Funds ownership: 69.94% → 66.07% (-3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNBTD
Moody National Bank Trust Division
Galveston,
Texas
|
+$5.36M |
| 2 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$1.36M |
| 3 |
OWM
OneAscent Wealth Management
Birmingham,
Alabama
|
+$535K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$348K |
| 5 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.45M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.49M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$295K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$185K |
| 5 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$160K |
PFRL Hedge Fund Activity: Q3 2024 in Review
20 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in PGIM Floating Rate Income ETF (PFRL) for Q3 2024, worth a combined $51.2M — up 5% from $48.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFRL positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Moody National Bank Trust Division, opening a new position worth an estimated $5.36M. The largest seller was Jane Street, cutting an estimated $3.45M.
- 20 institutional investors held PGIM Floating Rate Income ETF (PFRL) as of Q3 2024, up from 19 in Q2 2024.
- Funds reported $51.2M of PGIM Floating Rate Income ETF stock for Q3 2024, up 5% quarter-over-quarter.
- 4 funds opened new PGIM Floating Rate Income ETF positions in Q3 2024 and 3 closed out, a net change of +1 holder.
- The largest PGIM Floating Rate Income ETF buyer in Q3 2024 was Moody National Bank Trust Division, an estimated $5.36M added.
- The largest PGIM Floating Rate Income ETF seller in Q3 2024 was Jane Street, an estimated $3.45M sold.
Based on aggregated 13F filings for Q3 2024.