VanEck Preferred Securities ex Financials ETF
PFXF
27 hedge funds and large institutions have $16.3M invested in VanEck Preferred Securities ex Financials ETF in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 26 → 27 (+1)
0.07% more ownership
Funds ownership: 12.89% → 12.96% (+0.07%)
13% less capital invested
Capital invested by funds: $18.6M → $16.3M (-$2.37M)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$574K |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$402K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$303K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$256K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.14M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$605K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$583K |
| 4 |
Morgan Stanley
New York
|
-$402K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$278K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Horrell Capital Management
Little Rock,
Arkansas
| $3K | +$3.36K | +175 | New |
|
|
27
Comerica Bank
Dallas,
Texas
| – | -$605K | -31,400 | Closed |
|
|
28
Northern Trust
Chicago,
Illinois
| – | -$583K | -30,255 | Closed |
|
|
AEPG
29
American Economic Planning Group
Warren,
New Jersey
| – | -$232K | -12,010 | Closed |
|
|
AI
30
Atria Investments
Charlotte,
North Carolina
| – | -$232K | -12,010 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | -$5.6K | -292 | -100% |
|
|
ACM
32
Antonetti Capital Management
Naples,
Florida
| – | -$5K | -242 | Closed |
|
PFXF Hedge Fund Activity: Q4 2013 in Review
27 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2013, worth a combined $16.3M — down 13% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PFXF positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 15 trimmed.
The largest buyer was Virtu KCG Holdings, adding an estimated $574K. The largest seller was LPL Financial, cutting an estimated $1.14M.
- 27 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2013, up from 26 in Q3 2013.
- Funds reported $16.3M of VanEck Preferred Securities ex Financials ETF stock for Q4 2013, down 13% quarter-over-quarter.
- 6 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2013 and 5 closed out, a net change of +1 holder.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2013 was Virtu KCG Holdings, an estimated $574K added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2013 was LPL Financial, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2013.