PGIM Floating Rate Income ETF
PFRL
22 hedge funds and large institutions have $57.5M invested in PGIM Floating Rate Income ETF in 2024 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
12% more capital invested
Capital invested by funds: $51.2M → $57.5M (+$6.23M)
10% more funds holding
Funds holding: 20 → 22 (+2)
5.96% less ownership
Funds ownership: 66.07% → 60.11% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$5.07M |
| 2 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$2.32M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.04M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$722K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.07M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$544K |
| 3 |
Jane Street
New York
|
-$315K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$161K |
| 5 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$161K |
PFRL Hedge Fund Activity: Q4 2024 in Review
22 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in PGIM Floating Rate Income ETF (PFRL) for Q4 2024, worth a combined $57.5M — up 12% from $51.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PFRL positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Prudential Financial, adding an estimated $5.07M. The largest seller was AE Wealth Management, exiting entirely with an estimated $2.07M sold.
- 22 institutional investors held PGIM Floating Rate Income ETF (PFRL) as of Q4 2024, up from 20 in Q3 2024.
- Funds reported $57.5M of PGIM Floating Rate Income ETF stock for Q4 2024, up 12% quarter-over-quarter.
- 4 funds opened new PGIM Floating Rate Income ETF positions in Q4 2024 and 2 closed out, a net change of +2 holders.
- The largest PGIM Floating Rate Income ETF buyer in Q4 2024 was Prudential Financial, an estimated $5.07M added.
- The largest PGIM Floating Rate Income ETF seller in Q4 2024 was AE Wealth Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2024.