VanEck Preferred Securities ex Financials ETF
PFXF
32 hedge funds and large institutions have $22.2M invested in VanEck Preferred Securities ex Financials ETF in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
23% more funds holding
Funds holding: 26 → 32 (+6)
5% more capital invested
Capital invested by funds: $21.1M → $22.2M (+$1.13M)
1.39% less ownership
Funds ownership: 12.13% → 10.75% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$459K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$338K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$147K |
| 4 |
LPL Financial
San Diego,
California
|
+$137K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$507K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$258K |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$205K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$198K |
| 5 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QAM
26
QCI Asset Management
Pittsford,
New York
| $10K | +$10.3K | +500 | New |
|
|
SNT
27
Security National Trust
Wheeling,
West Virginia
| $9K | – | – | – |
|
|
VNA
28
Valley National Advisers
Bethlehem,
Pennsylvania
| $9K | +$9.86K | +480 | New |
|
|
HNB
29
Huntington National Bank
Columbus,
Ohio
| $4K | – | – | – |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
HCM
31
Horrell Capital Management
Little Rock,
Arkansas
| $4K | +$3.6K | +175 | New |
|
|
BRWA
32
B. Riley Wealth Advisors
Boca Raton,
Florida
| $10 | +$10.3K | +500 | New |
|
|
33
Jane Street
New York
| – | -$507K | -24,769 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$258K | -12,581 | Closed |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| – | -$198K | -9,683 | Closed |
|
36
Ameriprise
Minneapolis,
Minnesota
| – | -$12K | -580 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | +$21 | +1 | New |
|
PFXF Hedge Fund Activity: Q4 2014 in Review
32 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in VanEck Preferred Securities ex Financials ETF (PFXF) for Q4 2014, worth a combined $22.2M — up 5.4% from $21.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PFXF positions and 4 closed out — a net gain of 7 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Gradient Investments, adding an estimated $459K. The largest seller was Jane Street, exiting entirely with an estimated $507K sold.
- 32 institutional investors held VanEck Preferred Securities ex Financials ETF (PFXF) as of Q4 2014, up from 26 in Q3 2014.
- Funds reported $22.2M of VanEck Preferred Securities ex Financials ETF stock for Q4 2014, up 5.4% quarter-over-quarter.
- 11 funds opened new VanEck Preferred Securities ex Financials ETF positions in Q4 2014 and 4 closed out, a net change of +7 holders.
- The largest VanEck Preferred Securities ex Financials ETF buyer in Q4 2014 was Gradient Investments, an estimated $459K added.
- The largest VanEck Preferred Securities ex Financials ETF seller in Q4 2014 was Jane Street, an estimated $507K sold.
Based on aggregated 13F filings for Q4 2014.